Future CFO

DECEMBER 7, 2023

Chief financial officers will need to consider the potential impact of China's debt situation on their companies’ credit ratings since a downgrade in the country’s sovereign credit rating could lead to downgrades for corporates as well, which could further increase borrowing costs and potentially limit access to capital markets.

Economics 52

Economics Currencies Communication Risk Management 52

CFO News Room

JANUARY 2, 2023

job market remains tight and the demand for the kind of talent the crypto industry seeks is still high , including for professionals that handle the legal and compliance business at firms. I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? Photo: Tess Nellis.

Compliance 130

Compliance Communication Accounting Currencies 130

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. “It’s not only about understanding the compliance procedures of the business itself,” said Karalevi?ius,

Banking 113

Banking Compliance Currencies B2B 113

CFO News Room

FEBRUARY 3, 2022

Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry. An expert committee to look into compliance & tax framework and thematic funds with government capital has been welcomed by investors.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

PYMNTS

MAY 23, 2017

The Euro Banking Association (EBA) announced Monday (May 22) that it issued a new information paper looking at benefits and uses cases of digital currencies for international payments and correspondent banking practices. The paper also looks at specific use cases, such as distributed KYC registries and low-value P2P/B2C payments.

Currencies 40

Currencies Banking B2C Compliance 40

PYMNTS

SEPTEMBER 30, 2020

In today’s top news in digital-first banking, global card issuing platform Marqeta debuted its Tokenization-as-a-Service (TaaS) offering, while the Bank of New York Mellon (BNY Mellon) has named a new executive for global market infrastructure. BNY Mellon Names Robin Vince To Lead Global Market Infrastructure.

Banking 52

Banking Marketing Treasury Compliance 52

PYMNTS

OCTOBER 14, 2020

As much as Bitcoin and other cryptocurrencies have attracted scrutiny from the Department of Justice and still lack mainstream acceptance, Voyager’s portfolio of so-called “stablecoins” (which are linked to an underlying currency such as the U.S. With the treasury market for S&P 500 companies valued at $2.3 The Pandemic Pop.

Treasury 129

Treasury Currencies Benchmarking Cash Management 129

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov. The Value Of CBDC .

Currencies 92

Currencies Economics Banking Compliance 92

PYMNTS

NOVEMBER 17, 2020

Bitcoin is briskly getting close to the peaks that brought about a crypto madness and concluded with a dramatic market downfall nearly three years prior, Bloomberg reported. The digital currency reached a high of approximately $17,860 on Tuesday (Nov. Miller Tabak + Co. The price of bitcoin was $ 17,764.38 as of 7:16 p.m.

Currencies 63

Currencies Banking Compliance Numbers 63

PYMNTS

MAY 19, 2020

has been named general counsel to the Libra Association , a Geneva-based group founded by Facebook to launch the social media company’s digital currency, the organization announced Tuesday (May 19). He also headed financial crime compliance for Merrill Lynch. Previously, Werner worked at the U.S.

Treasury 90

Treasury Nonprofit Compliance Currencies 90

https://trustedcfosolutions.com/feed/

JUNE 2, 2022

In that case, you may be looking for more powerful real-time accounting solutions to provide you with a better view of your entire operation and help with things like taxation, HR, multiple currencies, and more. Set spending limits to maintain budget compliance with Sage Intacct Spend Management. The benefits don’t end there. .

Finance 104

Finance General Ledger IFRS GAAP 104

PYMNTS

OCTOBER 18, 2018

In July, reports in the Financial Times said Switzerland is working to open the nation’s traditional corporate banking market to cryptocurrency companies finding it difficult to get banked, thanks to fears over anti-money laundering (AML) violations and other compliance issues. “Time is pressing,” he said.

Banking 85

Banking Planning Currencies Startups 85

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Flexibility Is Key. PaaS could be worth as much as $16.7 Morgan (Onyx is a new J.P.

B2B 104

B2B Compliance Currencies Technology 104

The Finance Weekly

AUGUST 26, 2023

The subsequent aspect is market liquidity risk, which emerges when a company requires more time to vend assets or securities in a market that is experiencing a downturn or characterized by volatility. This happens because exchange rates can go up and down, causing one currency to be worth less compared to another.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

FEBRUARY 26, 2020

Cross-border payments are a fragmented space with disparate standards, service levels, and compliance and reporting regulations varying from country to country. Since the launch of ISO 20022, adoption has gained incredible momentum with financial institutions worldwide.

Compliance 104

Compliance Currencies Construction Banking 104

PYMNTS

MARCH 6, 2017

China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. An article in a publication owned by the regulator called for a more open, competitive domestic foreign exchange (FX) market that enables a flexible FX rate mechanism to mitigate against cross-border capital fluctuation, according to reports.

Foreign Exchange 40

Foreign Exchange Marketing Compliance Currencies 40

PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The challenges of international financial workflows don't end once a payment is received and currency conversion occurs, either.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

OCTOBER 5, 2020

The House committee held a hearing on the concept after Acting Comptroller of the Currency Brian Brooks put forward the concept of a new special purpose banking charter for payments firms. The banking industry, however, is against the idea. “We

Banking 91

Banking Compliance Advertising Tax Planning 91

PYMNTS

MARCH 16, 2017

We were surprised to see businesses actively selling into markets because they had a vehicle to receive payments there, and they were actively avoiding other markets because they didn’t know how to get paid there,” Moen said of Flywire’ s conversations with companies revealing their B2B payment pain points. Time For Change.

B2B 43

B2B Marketing Compliance Invoicing 43

PYMNTS

AUGUST 14, 2019

The second was the rise of cryptocurrency (though during his remarks he tended to refer to it as Convertible Virtual Currency or CVC). It concerns me when I hear about some compliance budgets being cut by casinos looking to trim costs and retain gamblers,” he noted. Mobile Gaming And Digital Currency .

Compliance 65

Compliance Currencies Financial Systems Budgeting 65

PYMNTS

AUGUST 22, 2019

Paying with digital currencies is becoming more and more prevalent internationally, and every industry is affected. With our pilot operation in the A1 shops we are testing the demand and acceptance of digital currencies in Austria,” Markus Schreiber, head of A1 business marketing, said in the press release.

Currencies 61

Currencies Compliance Economics Sales 61

PYMNTS

SEPTEMBER 30, 2018

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. Virtual currencies are an important, emerging area within the world’s fast-growing digital economy. IdentityMind Global announced Monday (Oct.

Currencies 57

Currencies Compliance Risk Management Investments 57

Future CFO

MARCH 17, 2022

The increasing risk to the global economy will spill over to Asia Pacific through several channels — notably weaker growth, higher inflation and financial market uncertainty that will exacerbate pandemic-related economic scarring, the credit rating agency noted.

Economics 52

Economics Currencies Transportation Compliance 52

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. earlier this month.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

DECEMBER 23, 2020

The freelance market is also expanding in Europe, with one study indicating that gig economy workers conduct approximately 20 percent to 30 percent of all jobs in the region. freelancers claimed they were seeking jobs in other markets, for example. One recent report found that 57 million freelancers are expected to operate in the U.S.

Currencies 108

Currencies Invoicing Compliance Planning 108

PYMNTS

SEPTEMBER 12, 2019

The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies. financial institutions (77 percent) for AML compliance.

Compliance 46

Compliance Currencies Finance Investments 46

PYMNTS

JUNE 19, 2020

A payments orchestration layer can serve as an intermediary between a merchant and its various PSPs while extending services that support payments analysis, regulatory compliance, cybersecurity, anti-fraud protection and more. There are ways to effectively manage these logistical issues, however. About The Playbook.

Compliance 75

Compliance Currencies eCommerce Securities 75

PYMNTS

SEPTEMBER 15, 2020

Having multiple providers ensures merchants can still access funds from their card transactions even if one bank provider stops operating in a certain industry or currency, for example. A Single Digital EU Market. I’m really hopeful that one day I will see a single digital market in the EU,” said Metodieva.

B2B 119

B2B Risk Management Compliance Prioritization 119

PYMNTS

APRIL 22, 2020

While the digital age has opened up doors for businesses to expand internationally, it’s a bit misleading to say that it’s easier than ever for small firms to step foot into new geographic markets. ” Exploring Alternatives. ” Easing Payments Friction.

Currencies 96

Currencies Advertising B2B Finance 96

PYMNTS

NOVEMBER 10, 2020

“Most things take 10 to 15 years to drive through the ecosystem,” McCarthy told Webster — especially when a range of stakeholders are involved, spanning two-sided markets, consumers, merchants and governments. Blockchain remains a key driver of cryptos’ future, both as unit of currency and store of value. Back in May, i2c Inc.

Currencies 129

Currencies Leverage Securities Banking 129

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. That solution, the company has said, helps firms save money on currency conversion for subsidiary-focused payouts across more than 30 different currencies.

Accounts Payable 51

Accounts Payable Currencies Compliance B2B 51

PYMNTS

OCTOBER 1, 2018

Writ large, some observers say blockchain has the potential to disrupt the way business is done, as goods are sourced and brought to market, especially where logistics are concerned. Think of it as blockchain logging every stage, from mining to end market to digital wallets. New Use Cases.

Currencies 73

Currencies B2B Manufacturing Compliance 73

PYMNTS

APRIL 22, 2016

The corporate treasurer at the multinational corporation is facing a particularly fierce global market today. But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. The FX Market Has Changed. All of that impacts the FX market. Amid the U.S.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

JANUARY 12, 2021

The advantages of outsourcing the back-end integrations and compliance issues tied to, say, international markets can accrue swiftly to corporates’ bottom lines, free up resources and streamline back-end processes. Flexibility is Key. PaaS could be worth as much as $16.7 Morgan (Onyx is a new J.P.

B2B 61

B2B Compliance Currencies Technology 61

PYMNTS

AUGUST 26, 2019

House Financial Services Committee Chair Maxine Waters met with government officials in Switzerland about Libra, and said she remained concerned about the viability of the currency, according to a report by Reuters. Facebook, which announced the currency in June, wants to get regulators on board with Libra so that it can move forward.

Currencies 58

Currencies Compliance Financial Systems Investments 58

PYMNTS

FEBRUARY 28, 2020

B2B payments market. International payments are costly, and require a high level of competence [in] dealing with currency fluctuations, duties, insurance and drayage.” ” There is also the growing risk of tax compliance, as markets like Europe and Latin America move to capture greater tax revenues.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

AUGUST 24, 2020

Marketplaces must often manage currency conversions and meet other localized payment preferences that vary by market. Tackling The Currency Challenge . Many freelance professionals also find it important to receive funds in their local currencies — 66.7 percent said they wanted to be paid on time. highlighted this need.

Education 60

Education Currencies Economics Entertainment 60