CFO Leadership

FEBRUARY 16, 2022

The foreign exchange market can be a highly complex task for small-to-medium enterprises to navigate when conducting business overseas. More companies are venturing into foreign markets, buying and selling goods in places long considered out of reach for all but the largest multinationals. The Foreign Exchange Market.

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CFO News Room

JANUARY 24, 2023

To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world. Happy New Year, and I hope that 2022 brings you good tidings! Don’t get me wrong!

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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. RBI is not in a hurry to launch the digital currency and will only proceed when they are fully confident, he said.

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PYMNTS

JULY 6, 2020

In its Canadian expansion, moneycorp will operate out of Toronto, and its new operation will be “fully compliant to serve the specific Canadian market requirements,” said moneycorp Americas Chief Executive Officer Bob Dowd , who called the expansion a “milestone.”. “In or in other countries. or in other countries.

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PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank will remain in charge of the clients' funds.

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Barry Ritholtz

JULY 17, 2023

Global capital markets (stocks, bonds, private investments, real estate) are worth over $100 trillion. If you want to get rich in the markets, there are a few things you need to know that very few people will tell you. But I’m going to share with you the ten ways I know where you can get score big in the markets.

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PYMNTS

FEBRUARY 20, 2020

FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. The Global Account offering aims to save people as much as £2 billion in currency conversions when buying abroad.

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PYMNTS

DECEMBER 23, 2020

But the reality is that the consumer experience itself is the new currency in loyalty.”. It’s all about being pragmatic, Hondal said, through the use of old-school cause-based marketing that emotionally connects with and matters to consumers now more than ever. Know me, first of all, and recognize my loyalty,” she said. How To Proceed.

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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.

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E78 Partners

FEBRUARY 14, 2024

CEOs of middle-market private equity sponsored companies face unique challenges when it comes to delivering growth, profitability, and cash flow while managing operations with limited resources. Talent acquisition and retention: Attracting and retaining top talent is a critical issue for middle-market private equity-backed businesses.

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PYMNTS

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

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PYMNTS

JULY 1, 2020

The ethics decision came down because of the increasing prominence of digital currency, with the District of Columbia Bar finding it “cannot hold back the tides of change.” ” The opinion also noted that the IRS treats cryptocurrency more as a property than as a currency for tax purposes.

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Musings on Markets

JANUARY 27, 2021

As stock and bond markets went through these gyrations, it should come as no surprise that the same forces were playing out in other markets as well. Currencies : A currency serves three functions. There are a range of items that fall into this grouping from fine art to sports memorabilia to precious metals.

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Currencies Investments Marketing Treasury 52

PYMNTS

OCTOBER 9, 2020

In terms of collaboration, as noted in this space, the Federal Reserve is working in collaboration with seven other central banks and the Bank for International Settlements (BIS) to bring together a framework that would smooth the path to digital currency issuance. The Federal Reserve Bank has been exploring a digital currency.

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Currencies Banking Retail Securities 70

PYMNTS

AUGUST 11, 2019

The People’s Bank of China (PBoC) said it is now ready to launch its own blockchain-based digital currency after five years of research, CoinTelegraph reported on Sunday (Aug. He was unclear, however, when the digital currency might actually launch. He didn’t reveal when it will be ready to hit the market.

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PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. Up until now, the explorations and considerations of digital currencies — as would be, potentially, issued by central banking systems to bring fiat into digital form — has been done on a country-by-country basis. But as reported Tuesday (Jan.

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PYMNTS

AUGUST 2, 2019

To let consumers spend the value of their digital currency, instant crypto loan company Nexo is rolling out a cryptocurrency credit card that is Mastercard-branded. According to the company’s website , “Your Loan limit is based on the market value of the crypto assets in your Nexo Account. dollar, the British coin and the Euro.

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CFO News

NOVEMBER 3, 2023

Recent meetings between senior officials of the Reserve Bank of India (RBI) and bank treasury executives have focused on market appetite for upcoming green bond sales even as the likelihood of liquidity-draining open-market auctions remain a concern for an anxious bond market.

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PYMNTS

JANUARY 7, 2021

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Since the start of 2021, the cryptocurrency market is up 29 percent, and in the past 12 months, it is more than 380 percent higher. 7), citing data from CoinDesk and CoinMarketCap.

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PYMNTS

OCTOBER 1, 2020

It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. Today we're managing our own currency, which is miles. What we're saying is that no matter what currency you're working [with], the conversion [of] miles. We've done].

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PYMNTS

MAY 27, 2020

The movement toward digital currencies may be a bit of an arms race of sorts, for now. As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC).

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PYMNTS

MAY 29, 2019

trading partners, only nine need further scrutiny because of their currency practices. Reuters noted that report in October didn’t name China or any trading partner as a currency manipulator. Meanwhile, Malaysia told Reuters interventions are only to ensure an orderly market and to prevent too much volatility. trade deficit.

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PYMNTS

APRIL 13, 2020

Traffic on Russia’s digital currency exchanges jumped more than 5.5 Qrator Labs, for its part, connected the rising figures with heightened interest in the currency markets. The organization also noted large growth in denial-of-service attacks (DDoS) events on digital currency exchanges.

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PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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PYMNTS

JUNE 24, 2020

To let traders purchase digital currencies, such as BTC, USDT and ETH, via U.S. dollars (USD) through PayPal in addition to other payment methods, the KuCoin cryptocurrency exchange said that USD support has been added to its P2P Fiat Market, according to an announcement. 1 place at 63.21 percent, per Coinhills data.

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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. The company debuted the card in the U.K.

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Currencies Banking Investments Accounting 61

PYMNTS

JULY 14, 2019

After hitting the 500,000 user mark, currency exchange service WeSwap has rolled out a Seedrs crowdfunding round. According to its Seedrs page , the WeSwap app along with Mastercard enables users to swap currency with others via a peer-to-peer technology, track rates, send money to friends and spend money around the world. million ($2.89

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PYMNTS

DECEMBER 11, 2019

The New York State Department of Financial Services (DFS) is proposing revised rules for the listing of new virtual currencies and will review the state’s BitLicense , the regulator announced in a press release on Wednesday (Dec. The DFS has issued 24 licenses and charters to virtual currency firms since 2015.

Currencies 52

Currencies Planning Marketing 52

PYMNTS

DECEMBER 7, 2020

Bill Winters, CEO of Standard Chartered , said he sees the adoption of digital currencies on a widespread scale as inevitable, CNBC reported. Winters, speaking at the Singapore FinTech Festival, said there would likely be room for both state-backed digital currencies as well as privately-owned ones, CNBC reported.

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PYMNTS

DECEMBER 6, 2016

The website, which was presented at this year’s Disrupt London hackathon, also has virtual currency that kids can use to purchase things on their lists. Known as veecee, the virtual currency can be used only after two adults authorize the transaction, giving parents more control over how kids spend the virtual currency.

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PYMNTS

JANUARY 3, 2020

Digital currencies, yes – but with limits. According to a paper that debuted this week from the European Central Bank (ECB), central bank currencies in digital form have their uses, but individuals should be dissuaded from holding too much of a hypothetical digital euro.

Currencies 52

Currencies Banking Financial Systems Retail 52

PYMNTS

JULY 23, 2019

The fake communications reportedly feature Facebook’s logo, branding, photos of Mark Zuckerberg or Libra’s official marketing imagery. Facebook’s inability to detect the circulation of fraudsters could further discredit Libra and generate even more distrust as regulators investigate the proposed global currency.

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PYMNTS

JULY 25, 2018

Banco Santander was able to offset emerging market currency volatility and a slowdown in U.K. With Brazil, the largest market for Santander has been relying on that for growth. during its second quarter, reporting net income that surpassed Wall Street views. We want to offer our clients what they expect from us.”.

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Currencies Marketing Restructuring Banking 40

PYMNTS

MAY 22, 2020

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . The digital currency would be backed by the yuan, the Korean won, the Japanese yen and the Hong Kong dollar. .

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PYMNTS

JULY 29, 2020

With a market value of $323 billion according data from cryptocurrency tracker CoinMarketCap , the crypto market is attracting a wealth of new, prominent investors and traders, according to Nairametrics. The movement, according to Nairametrics, indicates that investors and traders have bet against inflation-prone currencies.

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PYMNTS

JUNE 15, 2020

Korea’s central bank has rolled out a legal advisory group to look at potential challenges to bring a central bank digital currency (CBDC) to fruition, The Korea Times reported. Revolut was in the process of growing its digital currency offering in recent times and came into the American market this spring.

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PYMNTS

AUGUST 3, 2020

On Friday (July 31), the company opened a new concept store in Shenzhen, China, which is an important market for the brand. The store marks a new chapter in retail technology, social retail and social currency all at the same time. The Burberry-Tencent venture could be the most high-profile use of social currency in retail.

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