PYMNTS

AUGUST 27, 2018

The initial verdicts of General Data Protection Regulation (GDPR) are in, at least in terms of compliance – or lack thereof. In news this past week, studies have shown that compliance rates are indeed low, three months in. are in compliance. And in the land of cryptos, in China , the crackdown on digital currencies continues.

Compliance 40

Compliance Budgeting Currencies Securities 40

PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place. Plugging In To Plugins.

Compliance 53

Compliance Education Currencies Marketing 53

PYMNTS

MARCH 24, 2017

The tricks of the trade may have been limited to cash once upon a time, but now there is an ecosystem in place that allows things to happen beyond the realms of physical currency and transactions. Compliance is also becoming an enterprise-wide endeavor, and compliance officers must adopt a global mindset.

Compliance 62

Compliance Currencies Technology Banking 62

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. Overall LTCG on unlisted securities is now 23.92%, as opposed to 28.5% By Srinath Srinivasan. This is a Digital India budget.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

PYMNTS

DECEMBER 9, 2020

The accelerated growth of USDC over the course of this year is the result of our active work to establish an open standard for fiat digital currency on the internet,” Puth said in a statement. Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

Currencies 103

Currencies Treasury Compliance B2B 103

PYMNTS

AUGUST 9, 2019

HSBC has added six foreign currencies supported by its commercial card products in Europe in support of corporates operating across borders in the region. In a press release sent to PYMNTS on Thursday (Aug.

Currencies 40

Currencies Cash Management Treasury Compliance 40

PYMNTS

AUGUST 16, 2020

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The bill originally set out to distinguish digital assets from securities.

Currencies 134

Currencies Compliance Securities Planning 134

Future CFO

DECEMBER 7, 2023

This means keeping sufficient cash reserves and securing flexible credit facilities to ensure operational resilience amidst market volatility. Astute Currency Management : With the yuan’s value potentially fluctuating, adept management of currency exposure is crucial.

Economics 52

Economics Currencies Communication Risk Management 52

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. In other news, Robinhood got the green light to trade seven digital currencies — such as bitcoin and litecoin, among others — in New York state, Reuters reported.

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? Sam Bankman-Fried.

Compliance 130

Compliance Communication Accounting Currencies 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

https://trustedcfosolutions.com/feed/

JULY 19, 2022

An all-in-one cloud-based, integrated system that helps you streamline your business processes, streamline payment processing, increase efficiency, and allow secure access to your critical data from any place at any time while helping you accelerate your time to close. Real-Time Visibility For Wealth Management, Securities & More.

Accounts Payable 113

Accounts Payable Auditing Compliance Accounting 113

PYMNTS

SEPTEMBER 29, 2017

Through its Platform Payouts product, PingPong aims to reduce both the time and costs for Chinese internet sellers to receive international payments from eCommerce platforms in their local currency. It is the sole payment platform to focus exclusively on repatriating eCommerce revenue to China.

Securities 51

Securities eCommerce Compliance Startups 51

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

JANUARY 24, 2021

One facet of helping with compliance is the automatic recording of journal entries. The new version supports accounting for multiple companies working in multiple currencies, among other aspects, the report stated. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

Accounting 71

Accounting Compliance Invoicing Currencies 71

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. Currency Fluctuation The chance of encountering money shortages when changing currencies in different countries where a company operates.

Risk Management 52

Risk Management Profit and Loss Currencies 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. Ehrlich said stablecoins, including the U.S. Establishing Trust And Confidence.

Treasury 129

Treasury Currencies Benchmarking Cash Management 129

PYMNTS

FEBRUARY 21, 2020

As Deputy Director, Mr. Mosier oversees FinCEN’s wide-ranging work to protect the financial integrity and national security of the United States,” the release states. Mosier returns to FinCEN from Chainalysis, the digital currency analytics, investigations and compliance company, where he served as chief technical counsel.

Treasury 100

Treasury Leadership Compliance Currencies 100

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Financial Companies’ Security And Regulatory Obligations .

Compliance 75

Compliance Currencies Leverage Finance 75

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

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

E78 Partners

FEBRUARY 14, 2024

Access to capital: Securing financing for growth initiatives and working capital can be challenging, as middle-market companies may find it more difficult to access debt and equity markets compared to their larger counterparts.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Marketing Compliance Communication 52

PYMNTS

DECEMBER 29, 2020

Securities and Exchange Commission ( SEC ) has prompted Coinbase to suspend all XRP trading. Factors like security and compliance are considered as well as the platform’s goal of developing an “open financial system for the world. billion “through an unregistered, ongoing digital asset securities offering.”.

Compliance 67

Compliance Currencies Financial Systems Securities 67

PYMNTS

NOVEMBER 10, 2020

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc. The Demographics — And Digital Fiat .

Currencies 129

Currencies Leverage Securities Banking 129

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

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. BELLIN Secures SWIFT gpi Label. According to Acting Comptroller of the Currency Brian P.

B2B 75

B2B Banking Currencies Treasury 75

VCFO

AUGUST 16, 2023

These types of businesses include currency-based businesses such as food service, laundromats, salons, and related operations. Assessing and Implementing AML Policies and Procedures Evaluating one’s AML efforts can strengthen not only the organization’s compliance with regulatory requirements, but also its operations generally.

Compliance 87

Compliance Banking Risk Management Currencies 87

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

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

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

Barry Ritholtz

APRIL 23, 2023

Disturbing facts known to his biographers—that, for example, when he kept a store in Henderson, Kentucky, he enslaved people—have gained new currency, although the National Audubon Society has, for now, held on to its name. They were wrong—big time. ( Humanities ) • ‘Fair share’ deficits at nonprofit hospitals reached $14.2B

Nonprofit 119

Nonprofit Education Compliance Currencies 119

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

OCTOBER 16, 2019

Mastercard said for a digital currency to be successful, it has to give customers not only stability and consumer protections but regulatory compliance as well. Mastercard said that cryptocurrencies need to give consumers protections that include privacy and security of both information and transactions.

Currencies 60

Currencies Compliance Economics Securities 60

PYMNTS

NOVEMBER 26, 2019

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. Department of Justice on illegal financial issues affecting national security.

Risk Management 56

Risk Management Compliance Currencies Securities 56

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

NOVEMBER 6, 2019

Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and regulatory banking compliance protocols built in, according to a report by American Banker.

Banking 40

Banking Compliance Currencies Securities 40

PYMNTS

OCTOBER 18, 2019

The Bank of Canada is thinking about launching its own digital currency. MSBs will now include domestic and foreign businesses “dealing in virtual currency,” Canada’s government said. “As

Currencies 40

Currencies Compliance Banking Securities 40