CFO News

MARCH 16, 2025

State-owned Engineers India and MECON, alongside four private firms, have been shortlisted for RBI's project to modernize its currency management infrastructure. The project aims to create advanced storage, introduce automation, enhance security, and improve efficiency to meet future cash needs.

Currencies 40

Currencies Securities Banking 40

Global Finance

JUNE 5, 2025

GF : What is HSBC’s strategy for incorporating emerging payment technologies such as digital currencies—including central bank digital currencies (CBDCs)—andhow do you see these impacting your payment solutions? Our innovative analytics tools can detect when a payment is made in an alternative currency.

Currencies 66

Currencies Treasury Cash Management SAP 66

Global Finance

DECEMBER 27, 2024

However, there are pockets of risk, including a high public debt, a foreign currency shortage, and jitters over the coming 2025 presidential election. Vital Statistics Location: East Africa Neighbors: Mozambique, Malawi, Zambia, DRC, Burundi, Rwanda, Uganda, and Kenya Capital city: Dodoma Population (2024): 69.3

Investments 144

Investments Foreign Exchange Economics Currencies 144

Future CFO

JUNE 1, 2025

The region is experiencing easing inflation and interest rates yet remains challenged by heightened geopolitical tensions, especially between the US and China, which impact currency volatility and supply chain strategies. He stresses the critical importance of comprehensive hedging for multi-currency and multi-country exposures.

Economics 59

Economics Mergers and Acquisitions (M&A) Treasury Cash Flow Forecasting 59

Global Finance

DECEMBER 26, 2024

Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks. A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

PYMNTS

APRIL 8, 2020

After a cybercriminal took advantage of a sizable software flaw to steal digital currency valued at over $250,000, Bisq suddenly stopped allowing trading Tuesday night (April 7) when it came across “a critical security vulnerability,” Coindesk reported. The default fallback is where digital currency arrives if a trade does not work.)

Securities 89

Securities Currencies Investments Technology 89

PYMNTS

DECEMBER 6, 2020

MonetaGo , which specializes in blockchain technologies, and GUUD Company , which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore. Going paperless has to happen.”.

Securities 82

Securities B2B Leadership Finance 82

PYMNTS

DECEMBER 27, 2020

The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. The update will help to alleviate a common issue with bitcoin in that there were few user-friendly, secure methods to buy, sell and use cryptocurrency in general. The price of bitcoin has passed $28,000 on Sunday (Dec.

Currencies 101

Currencies Planning Banking Securities 101

Global Finance

OCTOBER 28, 2024

Despite security threats and political unrest, tiny Togo is attracting outsize interest from foreign investors. The picture is clouded by security challenges arising from attacks by bandits in the northern region and sea pirates’ raids on the coastal south. The rating agencies, too, paint a positive picture on balance.

Economics 98

Economics Manufacturing Investments Currencies 98

Future CFO

NOVEMBER 19, 2024

Tay notes that Southeast Asia’s IPO market encountered significant regional challenges in 2024, including currency fluctuations, regulatory differences across markets, and geopolitical tensions, which affected trade and investment.

Marketing 98

Marketing Healthcare Currencies Numbers 98

PYMNTS

JANUARY 26, 2021

Visa has debuted a new global partnership with TransferWise after working together on the new Visa Cloud Connect program, allowing FinTechs a new way to securely connect with the cloud, according to an emailed press release Wednesday (Jan. The secure connection will help do away with costly local connections. the release said.

Currencies 134

Currencies Securities Accounting Technology 134

PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

Accounting 135

Accounting Banking Currencies Securities 135

Global Finance

JUNE 9, 2025

Additionally, the bank’s X-Border API enables other banks to automatically send payment instructions to Societe Generale in 40 different currencies from a single account, benefiting from a guaranteed rate for 20 minutes after obtaining the quotation.

Forecasting 59

Forecasting Cash Management Compliance Currencies 59

CFO News

MAY 29, 2025

Security printing costs surged to Rs 6,372.8 Reserve Bank of India's annual report is out. crore in 2024-25. This is a 25% jump. Banknote value and volume also saw increases. Rs 500 notes remain dominant. Most Rs 2000 notes have returned after withdrawal. E-rupee usage is up. The central bank is focusing on localizing banknote production.

Currencies 40

Currencies Securities Banking 40

Bramasol

NOVEMBER 11, 2024

Security and Compliance: As companies migrate to the cloud, they can rely on their cloud ERP provider to prioritize data security and regulatory compliance. Leading cloud providers invest heavily in security measures and compliance protocols to protect sensitive information. Efficiencies are the currency of modern capitalism.

SAP 103

SAP Compliance Leverage Invoicing 103

PYMNTS

SEPTEMBER 25, 2020

Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies. Mester noted the central bank had been looking into digital currencies even before the pandemic, “building and testing a range of distributed ledger platforms to understand their potential benefits and trade-offs.”

Currencies 132

Currencies Banking Securities Technology 132

PYMNTS

NOVEMBER 12, 2020

Christine Lagarde , European Central Bank (ECB) president, said the ECB could make its own digital currency within a few years, which could change up the eurozone financial sector drastically, Bloomberg reported. If it’s cheaper, faster, more secure for the users, then we should explore it.

Currencies 121

Currencies Banking Securities Retail 121

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

Global Finance

MARCH 2, 2025

In a recent interview, the US Securities and Exchange Commissions (SEC) enforcement director said they had a record $600 million in penalties in 2024 just for 70 cases. Since Benfords law is indifferent about currency or anything else, were going to build the model globally: put India in there, China, the UK, Europe, etc.

Forecasting 112

Forecasting Auditing Accounting Numbers 112

PYMNTS

NOVEMBER 25, 2020

The Federal Ministry of Finance in Nigeria is said to be in discussions with the securities watchdog in the country to create a new digital currency and blockchain structure, Cointelegraph reported. As it stands, bitcoin and other digital currencies are seeing increasing use in Nigeria.

Nonprofit 110

Nonprofit Currencies Securities Finance 110

CFO Talks

FEBRUARY 18, 2025

Protects the business from risks like currency fluctuations and interest rate hikes. Just like a household budget, treasury management helps a business stay financially secure. Understanding Market Volatility Market volatility refers to the way stock prices, currencies, and interest rates change over time.

Treasury 52

Treasury Profit and Loss Currencies Risk Management 52

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 Securities 100

Global Finance

DECEMBER 5, 2024

At the end of November 2022, DAP had its inaugural transaction as part of Project Venus, a collaboration among the European Investment Bank (EIB), Goldman Sachs Bank Europe, Santander, and Société Générale to enable investors to purchase and pay for tokenized securities using typical fiat currency.

Currencies 52

Currencies Banking Securities Finance 52

PYMNTS

DECEMBER 18, 2020

18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. CVC" stands for "convertible virtual currency" – a category of digital products that can serve as currency. Bitcoin is a popular example.

Treasury 141

Treasury Currencies Securities Banking 141

Global Finance

DECEMBER 6, 2024

Offshore investments become a hedge against currency volatility. High inflation, currency volatility, and foreign exchange scarcity have eroded wealth and significantly contributed to a decline in net worth for many people. Wealth preservation and growth in Africa are highly challenging.

Banking 52

Banking Foreign Exchange Currencies Investments 52

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

PYMNTS

JANUARY 10, 2020

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Mu Changchun, the head of the digital currency research institute at the PBOC, said the focus will be on “stability, security and control.”

Banking 102

Banking Currencies Construction Securities 102

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 B2B Compliance 103

Global Finance

MARCH 6, 2025

Rail Baltica secured an additional 1.4 In January, the government introduced a temporary solidarity contribution (TSC) on credit institutions to help cover national security costs. Vital Statistics Location: Northeastern Europe Neighbors: Estonia, Russia, Belarus, Lithuania Capital city: Riga Population (2024): 1.9 Inflation (2024): 1.4%

Transportation 82

Transportation Economics Budgeting Investments 82

Global Finance

JANUARY 9, 2025

Key features include secure global remittance networks, same-day express transfers to BEA Hong Kong accounts, foreign currency time deposits, and real-time foreign exchange services in 11 currencies.

Foreign Exchange 52

Foreign Exchange Currencies Banking Investments 52

CFO News

FEBRUARY 15, 2024

Finance Minister Nirmala Sitharaman urged the Security Printing & Minting Corporation of India (SPMCIL) to adapt to India's rapid transition into a digital economy.

Currencies 52

Currencies Securities Finance 52

PYMNTS

NOVEMBER 13, 2020

Peter Brandt said on Twitter that the Securities and Exchange Commission would have declared XRP a security if it “understood cryptos,” per Cointelegraph. Earlier last month, Ripple announced plans to introduce a loan product that would enable its users to tap XRP digital currency for cross-border payments.

Startups 102

Startups Currencies B2B Securities 102

Future CFO

DECEMBER 5, 2024

As the payments landscape in the Philippines undergoes significant evolution, the country is set to see a more seamless, secure, and interconnected setting in 2025, according to Visa. In 2025, solutions like Visa Direct will lead the charge by providing interoperable real-time payment (RTP) networks capable of processing multiple currencies.

B2B 52

B2B Entertainment Securities Technology 52

CFO News Room

FEBRUARY 5, 2022

Finance minister Nirmala Sitharaman said in the Budget speech that the introduction of a central bank digital currency (CBDC) will give a big boost to the digital economy. Digital currency will also lead to a more efficient and cheaper currency management system.

Budgeting 130

Budgeting Currencies Finance Banking 130

PYMNTS

DECEMBER 30, 2020

A lawsuit filed by the Securities and Exchange Commission (SEC) against digital payments firm Ripple is heading to virtual court on Feb. billion in an unregistered securities offering of the digital coin XRP. The SEC considers XRP a security, however, and that is where the problem sits.

Currencies 130

Currencies Securities Retail 130

PYMNTS

FEBRUARY 6, 2020

Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters involved for launching their own, the Nikkei Asian Review reported on Thursday (Feb. In January, the central banks of the U.K., In January, the central banks of the U.K.,

Currencies 100

Currencies Banking Economics Planning 100