Remove Compliance Remove Foreign Exchange Remove Securities Remove Technology
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Driving seamless data integration for successful treasury management

Future CFO

Treasury activities, which cover money market operations, foreign exchange transactions, securities trading, and derivatives, generate a significant volume of data that are needed to be meticulously monitored and properly reported.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

has secured $80 million in new funding at a $5.5 Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking.

Startups 102
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TransferWise On The Faster Future Of Cross-Border Payments

PYMNTS

The traditional correspondent banking network is one major speedbump that stops financial institutions (FIs) from providing speedy, inexpensive, cross-currency and cross-border transfers, Lembo explained, but financial services providers can adopt new technology and approaches to safely streamline these transactions. Staying Secure.

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FinTechs Expand Open Banking Opportunity For Banks

PYMNTS

German banking platform Mambu has announced a collaboration with TransferWise to enhance banks’ cross-border payments and foreign exchange management operations, the companies recently revealed. Trade finance technology firm Surecomp is expanding its capabilities for developers and lenders, launching an API dubbed APIsure.

Banking 95
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Red Hat: Innovating Payments The Open Source Way

PYMNTS

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. And as he told PYMNTS, the biggest burden in this case is that providers need to understand and interpret the different compliance requirements of multiple countries. 1: Security.

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Banking-as-a-Service Tops This Week's B2B VC Roundup

PYMNTS

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong. The company's seed funding is the largest-ever seen in the country and was led by Target Global.

B2B 91
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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.