PYMNTS

JULY 6, 2020

Today, we are making a significant investment to build this market and with highly differentiated offerings providing both private and business clients the opportunity to choose a long-standing industry expert as their payments and FX currency partner.”. or in other countries. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

Future CFO

DECEMBER 16, 2021

CFOs must be aware of cases and risks of digital currencies as 20% of large organisations will use them by 2024, said Gartner recently. Gartner recommends that organisations first clarify specific use cases for digital currencies before evaluating appropriate IT stacks to incorporate them within the enterprise.

Currencies 52

Currencies Auditing CFO Leverage 52

Musings on Markets

JANUARY 27, 2021

In this post, I will take a look at these other markets, starting with a way of dividing investments into assets, commodities, currencies and collectibles that I find useful in thinking about what I can (and cannot) do in those markets, and then reviewing how these markets performed during 2020.

Currencies 52

Currencies Investments Marketing Treasury 52

PYMNTS

DECEMBER 23, 2020

But the reality is that the consumer experience itself is the new currency in loyalty.”. After all, with marketing budgets facing scrutiny, she said it's important right now that those dollars are delivering the highest return on investment. “It That's where we sit in the ecosystem.”.

Currencies 106

Currencies Budgeting Communication Sales 106

CFO News Room

JANUARY 18, 2023

Weeks before cryptocurrency exchange FTX filed for bankruptcy , dozens of young Nigerians in skintight dresses and brightly colored suits shimmied under limbo bars, posed for photos in front of the company’s logo and sipped expensive liquor at a swanky beachfront venue.

Currencies 100

Currencies Marketing Technology Investments 100

PYMNTS

JULY 14, 2019

After hitting the 500,000 user mark, currency exchange service WeSwap has rolled out a Seedrs crowdfunding round. It will support an IW Capital-led Series B investment round. It will support an IW Capital-led Series B investment round. “We The company is seeking a £2.3 million ($2.89 million) raise, according to reports.

Currencies 65

Currencies Valuation Investments Planning 65

PYMNTS

JUNE 17, 2019

In what could be one of the first investments by a crypto-based firm in a major U.S. has arranged to invest up to $50 million in MoneyGram International Inc. Ripple is the company behind the XRP digital currency, The Wall Street Journal reported. As a result, the company had to purchase currencies ahead of time regularly.

Investments 84

Investments Foreign Exchange Planning Currencies 84

Future CFO

JUNE 16, 2021

Skills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to the 2021 Mercer Global Talent Trends survey target upskilling and reskilling of critical talent pools to drive workforce transformation, Mercer said recently. Vicki Fan, CEO, Hong Kong, Mercer said.

Currencies 52

Currencies Benchmarking Investments Planning 52

PYMNTS

SEPTEMBER 9, 2020

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa. 9) announcement.

Currencies 60

Currencies Economics Investments Numbers 60

PYMNTS

MAY 13, 2020

The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position.

Currencies 61

Currencies Banking Forecasting Financial Systems 61

PYMNTS

JULY 10, 2019

The European Central Bank (ECB) opened up about cryptocurrency and said it wouldn’t recognize it as an actual currency, according to reports. Bitcoin is not a currency, it rather is an asset and it is very volatile,” Central Bank officials wrote, quoting Chief Economist Philip Lane. Some users pushed back against the EU’s stance.

Currencies 61

Currencies Banking Investments Accounting 61

PYMNTS

MAY 28, 2020

The Stellar Development Foundation (SDF) has made a $550,000 strategic investment to go toward SatoshiPay ‘s development of a B2B cross-border payments solution and its digital wallets, according to a press release.

B2B 97

B2B Investments Currencies Technology 97

PYMNTS

JULY 10, 2020

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The group said it was worried that the potential widespread adoption of stablecoins would be outside regulatory agencies and make it easier for criminals to break the law with the currency. “If

Currencies 56

Currencies Benchmarking Finance Economics 56

PYMNTS

OCTOBER 18, 2019

In hopes of profiting from the lack of large, regulated institutions in the chaotic digital asset space, Fidelity is bolstering its digital currency custody business. Abigail Johnson, the investment group’s chief executive, sees the company’s digital currency custody business as a large selling point.

Currencies 40

Currencies Investments Planning 40

PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. Currencies move across borders, and so we certainly wouldn’t want to be surprised by some other country,” he said in the report.

Currencies 63

Currencies Banking Planning Investments 63

PYMNTS

JULY 10, 2019

In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported.

Investments 63

Investments Currencies Nonprofit Startups 63

PYMNTS

JUNE 24, 2020

The Australian Securities & Investment Commission (ASIC) has reported an increase in the volume of investment scam reports by investors and consumers in Australia amid the pandemic, according to a press release. Scammers will many times ask for payment to an individual or firm into many or continuously changing bank accounts.

Currencies 67

Currencies Banking Investments Economics 67

PYMNTS

SEPTEMBER 9, 2019

Black-market money changers are expected to return in Argentina following the government’s recent rollout of currency controls in an attempt to quell the demand for foreign currency, the Financial Times reported on Sunday (Sept. These currency controls are a bad sign for foreign investment,” a foreign executive told the news outlet.

Currencies 40

Currencies Marketing Investments Technology 40

Strategic Treasurer

OCTOBER 14, 2022

Global Payments Survey Shows Fraud Concern and Security Investment Plans. Results show the top challenges and areas of planned investment among companies of all sizes, with fraud and security as consistent themes. The post Global Payments Survey Shows Fraud Concern and Security Investment Plans appeared first on Strategic Treasurer.

Securities 52

Securities Investments Planning Treasury 52

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

Currencies 40

Currencies Economics Banking Technology 40

CFO News Room

JANUARY 21, 2023

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 130

Treasury Currencies Numbers Investments 130

PYMNTS

APRIL 6, 2020

In other crypto news, other investors who fell victim to a purported digital currency scam claim a Wells Fargo subsidiary did not take notice of the activities of a staffer who was allegedly one of the main actors in the scheme, CoinDesk reported.

Currencies 52

Currencies Banking Securities Investments 52

PYMNTS

AUGUST 18, 2017

While there are many parties involved that are deeply invested in it, others are skeptical about its true value. Not long after this news, it’s being talked about via Motherboard that bitcoin may be split into a third new virtual currency. Cryptocurrencies are experiencing a bit of an identity crisis right now.

Currencies 56

Currencies Finance Investments 56

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

CFO News

MARCH 7, 2024

RBI governor stressed on distinguishing between blockchain technology, which has various applications including the central bank's digital currency project, and speculative crypto trading. He noted the growing awareness among individuals, both in India and internationally, regarding the risks involved in crypto investments.

Marketing 52

Marketing Currencies Investments Banking 52

PYMNTS

JUNE 5, 2017

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said.

Currencies 40

Currencies Banking Startups eCommerce 40

PYMNTS

FEBRUARY 20, 2020

Many coinholders are now looking to cash in on their investments in a flurry of trading goods and services via Decentraland’s cryptocurrency, called Mana. The project garnered more than $20 million during its initial coin offering in 2017, raising the money in only a matter of moments.

Currencies 73

Currencies Startups Investments Planning 73

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

NOVEMBER 7, 2019

We wanted to change the way people think about trading and investing, ultimately reducing dependency on traditional financial institutions and making trading and investing more transparent and fun. When we started eToro our goal was to disrupt the world of trading.

Currencies 40

Currencies Securities Banking Investments 40

PYMNTS

OCTOBER 14, 2020

Alternatively, an investor could trade sizable amounts of investments on a usual basis, have more than two years of experience at a financial organization or hold over $74,400 in securities to meet the requirement. For its part, the Bank of Russia recently put forward a report on a possible central bank digital currency (CBDC) rollout.

Investments 56

Investments Retail Currencies Treasury 56

PYMNTS

NOVEMBER 26, 2019

Payments company Ripple has invested $50 million in MoneyGram , according to reports. Our partnership with Ripple is transformative for both the traditional money transfer and digital asset industry — for the first time ever, we’re settling currencies in seconds,” said Alex Holmes, MoneyGram chairman and CEO, in a press release.

Investments 57

Investments Currencies Securities Technology 57

PYMNTS

JUNE 19, 2018

Federal employees must now report any crypto investments on their financial disclosure statements. According to The Washington Post , virtual currencies will also be covered by conflict of interest laws, the United States Office of Government Ethics announced on Monday (June 18).

Investments 40

Investments Currencies Securities Sales 40

CFO News

FEBRUARY 9, 2024

Unlike direct purchase of cryptos, investing in an ETF is subscribing to units or securities issued by a regulated fund a feature that most think is a kosher trade.

Currencies 52

Currencies Investments Securities Banking 52

CFO News Room

JANUARY 11, 2023

Country Risk: Drivers and Measures. An investment in Nigeria or Turkey clearly exposes a firm or investor to more risks than an otherwise similar investment in Germany or Canada, but why? Country Risk: Currency and Cost of Capital.

Marketing 130

Marketing Currencies Valuation Treasury 130

PYMNTS

FEBRUARY 13, 2017

International payments can cut across currencies, but one — the Chinese renminbi (RMB) — has been on the decline. As noted by Euromoney , the currency has slipped to sixth place from fifth place as measured by Dec. 2016 over Dec. percent as measured by number of transactions. The total RMB payments value was off 29.5

Currencies 40

Currencies Finance Banking Investments 40

PYMNTS

MAY 4, 2017

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. One of Dubai’s largest banks, Tabarak Investment Bank, reportedly plans to sell €100 million ($108.9 million, OGC 2.24 million) to clients. trillion.

Currencies 41

Currencies Finance Retail Sales 41

PYMNTS

JUNE 12, 2018

Time is money, and Walmart wants to save customers both – but it’s also asking for them to invest a little of the same. Walmart has already invested in various strategies around time and convenience. We’re thinking about time as a currency, just like money.”.

Currencies 49

Currencies Investments Retail eCommerce 49