PYMNTS

JANUARY 25, 2019

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. As it stands, stablecoins have more than $3 billion in market value amid their rising popularity.

Securities 49

Securities Currencies Healthcare Auditing 49

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

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

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. Secure access to your key data from anywhere, at any time, because your accounting solution is cloud-based.

Finance 104

Finance General Ledger IFRS GAAP 104

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

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

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

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 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

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

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. percent year-over-year increase since 2019.

Compliance 75

Compliance Currencies eCommerce Securities 75

PYMNTS

MAY 22, 2019

Faced with a growing number of transactions to process in real time, payment service providers (PSPs), financial institutions (FIs) and FinTech firms also need to make sure the security of these smarter payment systems is up to par. Regulators in Ghana and Uganda are exploring changes to their remittance rules to keep payments secure.

B2B 72

B2B Compliance Securities Banking 72

Spreadym

APRIL 27, 2023

Risk management: These tools help users identify and manage financial risks, such as market fluctuations, interest rate changes, and currency exchange rates. Choosing a financial analysis and planning software, users should ensure that the software is secure and meets any compliance requirements for industry or location company works.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

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

NOVEMBER 26, 2019

As a licensed exchange, BitBay has to follow the market standards. Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said.

Risk Management 56

Risk Management Compliance Currencies Securities 56

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

CFO News Room

NOVEMBER 13, 2022

Subrahmanyam Jaishankar also declared India’s intention to continue to buy Russian oil, again disregarding the US appeal to allies and partners to isolate Russia from the global markets. Russia is not a reliable supplier of security assistance. The ongoing lack of clarity on the G-7 could be by design. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

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

PYMNTS

FEBRUARY 18, 2019

However, participation from the traditional financial services sector isn’t necessarily a requirement when it comes to crypto adoption, even in the B2B payments market, according to BitRail Co-founder and Vice Chairman Cameron Chell. “Adoption is like water,” he said. ” Confusion, Doubt Remain. .”

B2B 70

B2B Compliance Accounts Payable Securities 70

PYMNTS

JANUARY 29, 2019

and Europe told Bitdefender in a separate survey that their budgets are large enough to accommodate the security for which infrastructure calls. Data is the new currency, and as the market shifts, we see organizations realizing real business benefits from their investments in protecting their data.”.

Investments 59

Investments Compliance Education Benchmarking 59

Spreadym

SEPTEMBER 12, 2023

Be as realistic as possible and base your estimates on historical data or market research. Pay yourself first by setting aside money for your future financial security. This is especially common in industries with high volatility or rapidly changing market conditions. 3 to 5 years).

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

PYMNTS

APRIL 26, 2019

According to Ondot Systems CEO Vaduvur Bharghavan in a recent conversation with PYMNTS’ Karen Webster, no matter if Apple wins or loses with the Apple Card , the company will change the conversation about how we pay by spurring existing stakeholders — especially card issuers — to examine how they come to market. Amazon Embraces Bitcoin.

B2B 70

B2B Compliance B2C Currencies 70

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Efforts are underway in other markets to facilitate cross-border e-payments.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

JANUARY 7, 2020

TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ” . ”

Finance 52

Finance Currencies Compliance Securities 52

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

PYMNTS

NOVEMBER 6, 2020

has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let it meet “promises of efficiency, affordability and financial inclusion,” according to a Friday (Nov. Financial services firm Figure Technologies, Inc. 6) announcement.

Banking 65

Banking Compliance Currencies Leverage 65

CFO News Room

JANUARY 18, 2023

Bitzlato, which is based in Hong Kong but operates globally, allegedly exchanged more than $700 million in cryptocurrency with Hydra Market, a darknet marketplace that was the largest in the world before it was shut down in April 2022, the U.S. WSJ | Risk and Compliance Journal. Justice Department said. Concurrent with the U.S.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

FEBRUARY 2, 2021

And even before the coronavirus sent us all indoors and online, the advent of mobile handsets — ever cheaper and more affordable for large swaths of the population — and mobile networks becoming widely available in emerging markets represented such an event. But there is a lot more to having a secure and stable issuer processing system.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

APRIL 3, 2018

According to Salman Mahmood, CEO of enterprise and entrepreneur marketing software company BleuPage , there are a lot of unknowns when it comes to the future of SMB financial services. Those solutions available on the market are always lacking something, and there are always hidden costs.

Banking 70

Banking Currencies Compliance B2B 70

PYMNTS

SEPTEMBER 17, 2018

For airlines and hotels, catering to customers from around the world means dealing with a long list of complications, including accepting payments in a host of local currencies, complying with national and international regulations, and finding ways to afford or offset the high price of processing fees.

Prioritization 49

Prioritization Currencies Securities Compliance 49

PYMNTS

NOVEMBER 14, 2019

“But when we talk about global payroll, we’re talking about the same process, but in different languages, with different currencies, and with different salary structures, and possibly even different types of benefits. Compliance is still a major challenge. The Distributed Workforce.

Compliance 50

Compliance Currencies Technology Banking 50

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. Noreika, acting Comptroller of the Currency, in a statement. Compliance. Amid these fluctuations, the U.S.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

JUNE 18, 2019

Yet, as scoutbee Founder and Managing Director Lee Galbraith explained in a recent interview with PYMNTS, product quality and prices are only the tip of the iceberg when it comes to strategic vendor sourcing, and what it means for corporate security, digital transformation journeys and bottom lines.

Compliance 50

Compliance Securities Invoicing Currencies 50

PYMNTS

MARCH 20, 2019

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. In the traditional financial world, this would mean storing your money in your home, clearly a security issue.” Blockchain for Trading . It means keeping your assets yourself, not with someone else.

Currencies 58

Currencies Securities Compliance Communication 58

PYMNTS

MARCH 11, 2020

In addition to adding support for card payments on invoices, QuickBooks upgrades also include a cash flow planning tool, invoice payment reminders, open banking support, receipt data capture and payroll compliance. Airwallex Readies B2B X-Border Card. and Hong Kong at a later date, the company said.

B2B 52

B2B Invoicing Startups Compliance 52

PYMNTS

MARCH 5, 2019

If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross borders, or even just get away from it all for a bit. An example of a regional nuance is our Brazilian market.

Prioritization 59

Prioritization Currencies Securities Education 59