PYMNTS

DECEMBER 10, 2019

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. The FIs can use the solution to provide bank guarantees in markets in which they do not have a physical presence.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. Together, the firms will target middle-market businesses looking to grow internationally.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. But they have grown in popularity in markets that are not stable.

Securities 71

Securities Treasury Currencies Accounting 71

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. We now offer a full range of commercial card products to clients across 26 countries in Europe and 43 countries globally, with the same core capabilities in each market.

Currencies 40

Currencies Cash Management Treasury Compliance 40

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., However, there are efforts to lower the barriers to entry for market newcomers. “Being the world’s reserve currency, naturally regulators are going to take more time. .” As a whole, the U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

SEPTEMBER 15, 2020

The complaint claims that the defendants dishonestly claimed to actual and possible clients that their company had “master traders” with a long history of trading digital currency and harnessed “cutting edge trading robots” to trade bitcoin at all hours of the day for clients. Securities and Exchange Commission (SEC) filing.

Treasury 95

Treasury Currencies Banking Technology 95

Musings on Markets

JULY 1, 2022

As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices have fallen, and crypto has imploded, even true believers are questioning what the bottom for markets might be, and when we will get there.

Marketing 88

Marketing Investments Profit and Loss Treasury 88

PYMNTS

JANUARY 1, 2021

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. The watchdog would be known as the Digital Markets Unit. In recommendations issued earlier in the month by the U.K.’s

Treasury 141

Treasury Communication Advertising Currencies 141

CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The Market Reaction. Bond Markets and Default Risk. Equity Markets and Equity Risk Premiums. The Lead In.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

APRIL 26, 2017

Jean-Luc Robert, chairman and CEO at Kyriba , talks about his approach to innovation and what is critically important about payments in today’s market. Fundamentally, our approach to innovation is to deliver accurate and absolute visibility into an organization’s liquidity and provide the ability to securely deploy cash anywhere in the world.

Risk Management 40

Risk Management Treasury Auditing Securities 40

PYMNTS

APRIL 22, 2016

The corporate treasurer at the multinational corporation is facing a particularly fierce global market today. But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. The FX Market Has Changed. All of that impacts the FX market. Amid the U.S.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

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. Commercial clients using SWIFT gpi for corporates can also get alerts about inbound and outbound payment status directly to their treasury management system.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

OCTOBER 22, 2020

A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. The average global company works with at least six banks and 40 percent of them make payments in at least six currencies.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98

CFO News Room

JANUARY 18, 2023

The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia. Deputy Treasury Secretary. But unlike other collapses, it has largely avoided rippling into other markets.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

MAY 22, 2020

This has broadened the ECB’s real-time banking reach to 30 countries and more than 3,800 FIs, setting the stage for countries that transact in different currencies to join the network in the future.”. The Fed’s Failure. Problem No.

Treasury 137

Treasury B2B Currencies Banking 137

CFO News Room

NOVEMBER 13, 2022

Subrahmanyam Jaishankar also declared India’s intention to continue to buy Russian oil, again disregarding the US appeal to allies and partners to isolate Russia from the global markets. Russia is not a reliable supplier of security assistance. The ongoing lack of clarity on the G-7 could be by design. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

Simply Treasury

AUGUST 2, 2022

The idea is not new to encourage companies to increase their capitalization and reduce their bank debt (partly through more recourse to the capital market - CMU project). The rate would be calculated based on a 10-year "risk-free interest" rate depending on the currency, increased by a 1% risk premium (1.5% But it must not be too high.

Finance 130

Finance Leverage Banking Treasury 130

PYMNTS

OCTOBER 1, 2018

Writ large, some observers say blockchain has the potential to disrupt the way business is done, as goods are sourced and brought to market, especially where logistics are concerned. Think of it as blockchain logging every stage, from mining to end market to digital wallets. New Use Cases.

Currencies 73

Currencies B2B Manufacturing Compliance 73

PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. Libra Launch Signals Sparks Between Big Tech, Central Banks On Digital Currencies.

Currencies 60

Currencies eCommerce Treasury Retail 60

PYMNTS

JUNE 24, 2019

. “All trade platforms require tight linkages with trusted, fast and secure cross-border payments mechanisms such as gpi,” said SWIFT Chief Marketing Officer Luc Meurant in a statement at the time.

Treasury 43

Treasury Currencies Planning Banking 43

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The increase in default spreads was not restricted to foreign markets, as fear also pushed up spreads in the corporate bond market.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

APRIL 13, 2018

According to a tweet from the creator of Litecoin, Charlie Lee, the foundation is working with TenX to bring the card to market. In Venezuela, the country’s digital currency will become legal tender for transactions in which government institutions are involved per a government proclamation, Bloomberg reported. As of 10:00 p.m.,

Currencies 46

Currencies Treasury Securities Accounting 46

CFO News Room

JANUARY 12, 2023

As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices have fallen, and crypto has imploded, even true believers are questioning what the bottom for markets might be, and when we will get there.

Investments 130

Investments Profit and Loss Treasury Marketing 130

PYMNTS

NOVEMBER 20, 2018

in an effort to win contracts to engage in currency exchange operations for the government. Based on the indictment, the Justice Department contends that between 2008 and 2017 Gorrin was behind more than $150 million in bribes to officials in Venezuela’s treasury to gain the right to take part in currency deals.

Currencies 64

Currencies Treasury Accounting Banking 64

PYMNTS

NOVEMBER 27, 2018

Alejandro Andrade, who for four years oversaw the treasury under the late leader Hugo Chavez, secretly pleaded guilty in December of 2017. He pleaded to one count of money laundering, and he was accused of accepting more than $1 billion in bribes to participate in an illegal foreign currency scheme. The scheme, according to the U.S.

Currencies 43

Currencies Treasury Financial Systems Marketing 43

PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market. More Progress, New Challenges.

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

PYMNTS

AUGUST 7, 2018

Unlike the broader VC market, early-stage FinTech companies have continued to attract a solid flow of capital in the U.S., Unlike the broader VC market, early-stage FinTech companies have continued to attract a solid flow of capital in the U.S., national co-lead partner, venture capital practice.

Currencies 40

Currencies Treasury Investments Banking 40

Future CFO

AUGUST 24, 2020

There is no business continuity without secured liquidity and cash flow. Further uncertainty comes from capital markets, for example, currency exchange rates, interest rates and commodity prices; impacting near term liquidity situation. Application security remains at top of mind to combat increased risk of cybercrime from home.

SAP 40

SAP Treasury CFO Credit Risk 40

PYMNTS

SEPTEMBER 2, 2019

As the firm aims to boost its crypto investments, it hosted officials from the Treasury Department, as well as a number of Washington’s regulatory agencies, at a full-day, private conference in San Francisco in late May, according to The Wall Street Journal. regulatory environment has gone from uncertain to hostile.”.

Treasury 55

Treasury Currencies Investments Securities 55

PYMNTS

DECEMBER 5, 2018

But now, amid market swings that would make the most trenchant investor skittish, cash is king in different ways. Consider the fact that, as we have a day off on Wednesday from market vagaries amid former President George H.W. Amid that downdraft, Treasurys gained ground, and safety of government-backed securities was top of mind.

Treasury 46

Treasury Marketing Securities Investments 46

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Efforts are underway in other markets to facilitate cross-border e-payments.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. Our suppliers will be able to access a secure portal to view all of their approved invoices and select those they wish to pre-finance.

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

JANUARY 16, 2020

The language is not explicitly tied to recent activities from the Treasury Department (and specifically mandated by the Foreign Investment Risk Review Modernization Act passed by Congress in 2018). A market worth as much as $40 trillion opens up a bit – but it was going to, anyway. and What’s In the Cards For The Cards.

Treasury 53

Treasury eCommerce Construction Investments 53

PYMNTS

JULY 26, 2020

State regulators noted at the time: “It is likely that many SPDIs will focus heavily on digital assets, such as virtual currencies, digital securities and utility tokens. Wyoming allowed the chartering of special services depository institutions (SPDIs) in 2019 and began accepting applications for them in October 2019.

Planning 61

Planning Currencies Leverage Banking 61

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

NOVEMBER 19, 2019

And then, for corporate treasury professionals, there are really bad days. In the latest Treasurer’s Need to Know series, Mark McNulty, who serves as managing director, head of clearing and FI payments at Citi , told Karen Webster that security must always be top of mind. There are bad days. The Two Categories of Risk.

Treasury 40

Treasury Communication Prioritization Securities 40