PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. But there is a lot more to having a secure and stable issuer processing system.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

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 26, 2018

Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal privacy, politics, business, ethics and risk into the package. enterprise data less secure. enterprise data less secure. What the firm found was that experts are concerned.

Currencies 50

Currencies Healthcare Securities Compliance 50

PYMNTS

SEPTEMBER 25, 2018

The company is also supporting financial services providers’ compliance and security requirements, and working with these firms’ developers to facilitate the development of new tools reliant on data. “We have already deployed the Ninth Wave Platform with a number of trusted clients. .

Banking 51

Banking Financial Data Compliance Currencies 51

PYMNTS

APRIL 18, 2019

A new report from cybersecurity company Coveware put some numbers behind this trend. However with Coveware finding that payouts yield a 96 percent success rate in securing a decryption tool that can restore enterprise data, it can be difficult for a company to resist adhering to cyberattackers’ demands. ”

Compliance 57

Compliance Currencies Securities Technology 57

PYMNTS

MARCH 2, 2016

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments. Cost-Saving Opportunities .

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

DECEMBER 14, 2018

Even more challenges are ahead for the world’s cross-border payments market, as regulatory pressures continue to cause a decline in the number of correspondent banking relationships. Last month, the Financial Stability Board (FSB) calculated a more than 4 percent decline in the number of these relationships between 2016 and 2017.

Banking 77

Banking B2B Numbers Compliance 77

PYMNTS

SEPTEMBER 24, 2019

That sentiment was underscored earlier this month when South Korea said it would delist a number of altcoins from an exchange over privacy concerns – namely, the anonymous nature of the transactions are at odds with the goals of the Financial Action Task Force (FATF), which include combating money laundering and fraud.

Securities 72

Securities Compliance Technology Currencies 72

PYMNTS

APRIL 1, 2019

There are many reasons why a greater number of workers are now turning to the gig economy, such as the schedule flexibility and workflow and income control that comes with these types of jobs. According to a recent report, slightly more than one third of the U.S. workforce (36 percent) participated in the gig economy during 2018.

Healthcare 73

Healthcare Education Compliance Communication 73

PYMNTS

APRIL 29, 2019

Dozens of sites and services enable customers to book stays online in their local currencies, making them particularly appealing for millennials seeking cheap accommodations. The same can be said for hostel booking sites, where increased security, compliance and verification requirements are instilling pain points.

Advertising 40

Advertising Compliance Currencies Securities 40

PYMNTS

OCTOBER 10, 2019

Libra Association member firms, which now number 27 companies, are slated to meet on Monday (Oct. The founding members are supposed to pay $10 million each to back the digital currency project, and in doing so, commit to Libra operations. Facebook Preps For ‘Make Or Break’ Meeting In Geneva. 14) in Switzerland.

SAP 43

SAP Economics Manufacturing Compliance 43

PYMNTS

OCTOBER 30, 2018

In terms of headline numbers, Mastercard’s revenues of $3.9 percent year on year, edged analysts’ estimates slightly, though management noted that revenue on a currency-neutral basis, and excluding items, was up 17 percent. billion, up 18 percent on a currency-neutral basis. and beyond. billion, up more than 14.7 Earnings of $1.82

B2B 71

B2B Currencies Economics Compliance 71

PYMNTS

MARCH 6, 2018

Perhaps it’s not surprising, given the number of consumers who have invited Amazon’s virtual assistant Alexa into their homes, but more than half of Amazon users said they would consider using an Amazon-built cryptocurrency around the site – and Amazon Prime members were even more eager, with 58.27 percent in favor and only 21.9 Mastercard.

Currencies 47

Currencies Leverage eCommerce Compliance 47

CFO Talks

MARCH 14, 2024

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Promoting a Culture of Sustainability: Beyond the numbers, CFOs can advocate for a corporate culture that values sustainability and social responsibility.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

PYMNTS

APRIL 22, 2016

People have to move currency, have to change currency, so forex transacting is changing very quickly because of globalization.”. dollar against the euro and Japanese yen, coupled with the increasing weakness of currencies in other markets. Which is more important: speed or security? All of that impacts the FX market.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

JULY 28, 2016

A pretty important one that people used to reliably and securely send money to family members from one country to the next – with great frequency – but digital was a nascent part of the business at that time. And to do it while maintaining compliance across all of those jurisdictions. ” More Than Just Cash. The Competition.

Currencies 43

Currencies Construction Technology Securities 43

PYMNTS

APRIL 27, 2016

Treasury Department announced plans for more inclusive representations of note-worthy (pun intended) Americans on the $5, $10 and $20 bills, there were rumblings that some other denominations of currency should perhaps disappear altogether. Before that comes to pass, though, there will still be plenty of time to put new faces on currency.

Currencies 41

Currencies Treasury Compliance Banking 41

PYMNTS

NOVEMBER 29, 2018

In finance, that could mean introducing smart contracting capabilities in global trade, or the ability to facilitate cross-border payments via crypto-to-fiat currency exchanges. Some blockchain pioneers have also begun to explore how the technology might be able to address financial challenges for particular industries.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). So is the exact number of requests. Overstock went on to say that, “also, the investigation does not mean that the SEC has a negative opinion of any person, entity or security.”.

Securities 49

Securities Compliance Currencies Banking 49

PYMNTS

DECEMBER 10, 2020

The currency is well-known for its massive value fluctuations, as a single bitcoin cost just 9 cents in 2010, $313.92 Enforcing AML/KYC Compliance At Cryptocurrency Exchanges. Exchanges wishing to provide a secure customer experience and avoid punishment from federal authorities would do well to follow this example.

Compliance 88

Compliance Treasury Currencies Leverage 88

PYMNTS

JULY 3, 2018

Merchants need transparency in their metrics so they can take action based on real-world numbers — and recent numbers, not metrics from transactions that happened half a year ago. Meanwhile, he said, consumers are getting over their initial fears around contactless payments usage and security.

Startups 40

Startups Compliance Currencies Leverage 40

PYMNTS

OCTOBER 20, 2017

The differences and challenges do not end at language and currency, but extend deep into the culture. PayPal, for example, was never able to secure a payments license in China, so the platform never even had the opportunity to localize. percent cross-border fee, spread on currency conversion and 1.2 percent plus 30 cents, a 1.5

Communication 41

Communication Compliance Currencies Sales 41

Future CFO

DECEMBER 13, 2020

Asia Pacific has seen the single biggest rise in regional financial non-compliance fines from US$6.6 The average value of enforcement actions against financial institutions for AML related compliance breaches is 44% lower than in 2019. million in 2019 to US$5.1 Meanwhile, penalties have totalled US$10.4 Global finding highlights.

Compliance 52

Compliance Banking Currencies Accounting 52

Bramasol

FEBRUARY 28, 2023

Entitlements can include a wide range of offerings, such as access to a cloud service, number of user licenses, software support, hardware maintenance services, warranties, media access rights, or usage-based consumption rights.

SAP 76

SAP Compliance Transportation Entertainment 76

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Everything happens in an extremely secure environment,” she said.

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

AUGUST 22, 2016

His disdain isn’t because money is germ-laden paper passed from who-knows-who doing who-knows-what with it, but because he says it’s the currency of criminals. It’s not the safest thing to do, nor is it the most financially sophisticated, but it makes some people feel secure. They’d figure something out. In fact, they already have.

Currencies 41

Currencies Banking Accounting Budgeting 41

The Finance Weekly

APRIL 13, 2024

This includes tracking past financial activities, ensuring compliance and reporting, as well as forecasting future financial scenarios for better budgeting. Every modern enterprise, regardless of size, requires finance software to manage various aspects of its financial health.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

AUGUST 7, 2020

Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

Compliance 89

Compliance Entertainment Securities Accounting 89

PYMNTS

SEPTEMBER 4, 2018

Summer is ending – but less than four months into the General Data Protection Regulation (GDPR), might complaints about security be heating up? The watchdog does not single out complaints according to their category, but as noted by the commissioner’s office itself, there are expectations that the number of complaints will indeed rise.

Securities 40

Securities Compliance Currencies Numbers 40

PYMNTS

OCTOBER 6, 2020

The company is a virtual International Bank Account Number (IBAN) provider, working in tandem with a network of Europe-based banks to provide eCommerce merchants with virtual IBANs. and FX Payments in 134 currencies. The establishment of virtual IBANs, she said, “allows our clients to make digital transfers.”

eCommerce 94

eCommerce Banking Compliance Currencies 94

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. In the past few years, the number of global mergers and acquisitions has reached an all-time high. Improve security and compliance, while preventing fraud, and cyber risk.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

AUGUST 5, 2019

Selling to overseas subscribers means businesses must handle payments in multiple currencies. Consumers want to see prices in their home currencies when they consider signing up for services, rather than having to calculate conversions in their heads. Speed and Accuracy.

Currencies 46

Currencies Compliance Banking Securities 46

Planful

FEBRUARY 16, 2017

At medium to large companies, you could be looking at many different spreadsheets with data sourced from various financial applications, and you have no idea how accurate those numbers are or whether you’ve got the latest version. Regulatory Compliance: Yes, It Can Be Easy.

Numbers 40

Numbers General Ledger (GL) General Ledger Financial Reporting 40

PYMNTS

JUNE 8, 2020

Barnett said acceptance — a critical component of moving to cashless by giving people places to spend their digital currencies — is improving. Because we think those payments are safer and secure, we might double down on P2P, for example.”. 31, 2020, as the new Strong Customer Authentication (SCA) compliance deadline.

Currencies 67

Currencies Banking eCommerce Securities 67

Spreadym

MAY 15, 2023

Key features Collaborative workflow Total data and methodology compliance Agility of analysis methods Single source data management Scenario modelling In-depth analysis and planning Pricing Upon request Vena Vena is a complex planning platform that helps merge corporate workflow into one process.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Financial Modeling 52

PYMNTS

DECEMBER 26, 2018

As money launderers and other illicit actors constantly evolve their tactics, we want the compliance community to likewise adapt their efforts to counter these threats,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Sigal Mandelker. Next-Generation Compliance and AML Solution.

Compliance 76

Compliance Risk Analysis Finance Treasury 76