PYMNTS

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. HSBC on the Next Phase of Treasury APIs (B2B API Tracker). Libra’s Stumbles, Coronavirus Gains Show Pitfalls of a ‘Global’ Currency.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. The agency regulates, supervises and charters national banks and is an independent bureau within the Treasury.

Currencies 57

Currencies Planning Treasury Banking 57

PYMNTS

SEPTEMBER 25, 2018

In the drive to modernize treasury operations, mind the gap — o r gaps. As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. Technology As Constraint. It’s all about trade-offs.

Treasury 55

Treasury Cash Management Securities Prioritization 55

CFO News Room

FEBRUARY 6, 2022

The majority of the national debt is issued in the form of government bonds, known as Treasuries. Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment. GDP Is Hard to Measure Accurately.

Treasury 130

Treasury Budgeting Economics Transportation 130

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Modern Treasury Raises Funding To Accelerate B2B Payments. RTP already accounts for more than 6 percent of Modern Treasury volume.”. Sweden Considers Implications Of Digital Currency.

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

DECEMBER 3, 2018

Amid the digital transformation of the enterprise, data is now considered the most valuable currency for corporates looking to transform via technology. According to Jouini, there is a range of technologies that are ready to transform corporate T&E — if the data is digitized.

Currencies 57

Currencies Auditing Technology Treasury 57

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I In the U.K.,

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. As a whole, the U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

OCTOBER 31, 2016

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. The OCC said that, once it found the data breach, it referred the case to the Treasury Department’s Inspector General’s office. The incident occurred in Nov.

Currencies 74

Currencies Treasury Banking Numbers 74

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

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. Yet even more FIs have access to RTP as a result of third-party technology partnerships, a press release said last week.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

MARCH 30, 2020

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. Treasury Department’s Financial Crimes Enforcement Network ( FinCEN ) before intentions for a roll out in the United States, CoinDesk reported.

Currencies 98

Currencies Treasury Banking Retail 98

PYMNTS

JULY 13, 2016

The B2B industry, never one to rush on board to embrace technology, is incrementally but surely moving toward streamlining payments processes, with an eye on reducing complexity and cost, as noted in a recent blog post by The Bancorp. But there’s a groundswell.

Currencies 40

Currencies B2B Treasury Invoicing 40

PYMNTS

JANUARY 30, 2017

The role has evolved, along with the complexities of global supply chains and doing business across multiple currencies. In the second annual survey conducted by C2FO focused on corporate treasurers based in Europe, responses showed that 75 percent of the 100 respondents wanted to invest in technology tied to trade finance.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. According to Acting Comptroller of the Currency Brian P. BELLIN Secures SWIFT gpi Label.

B2B 75

B2B Banking Currencies Treasury 75

PYMNTS

SEPTEMBER 8, 2020

JPMorgan ’s Head of Global Liquidity Product Solutions Specialists, Lori Schwartz , told PYMNTS in a recent Masterclass that the very nature of liquidity management is changing — and leading treasury management professionals to pivot to digitization and move from physical to virtual accounts. You’ve got to adhere to currency cut-off times.

Treasury 107

Treasury Currencies Cash Management Accounting 107

Strategic Treasurer

OCTOBER 14, 2022

Details were gathered about banks’ concerns and recommendations for client security, corporate payment complexity, volumes, currencies, challenges, plans for technology use, and more. Strategic Treasurer was founded in 2004 by Craig Jeffery, a financial expert and trusted advisor to executive treasury teams since the early 1990s.

Securities 52

Securities Investments Planning Treasury 52

Future CFO

MARCH 21, 2022

Three years after Danone Asia implemented a cloud strategy to its treasury management system, boosting its visibility and control, Pulat Yunusmetov , Danone Asia regional treasury manager, urges companies - on a similar cloud journey - to buck the conventional wisdom of going after the cheapest solution in the market. “Do

Budgeting 52

Budgeting Treasury Risk Management Currencies 52

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. There will be cost transparency on fees, and payment routing will be handled by Goldman Sachs’ advanced machine learning technology.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. ” A memo included with the subcommittee’s documents also pointed to the U.S.

Treasury 90

Treasury Securities Currencies Education 90

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? Does it mean currency? Listen in to find out. What is it? How does it work?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

PYMNTS

FEBRUARY 21, 2020

Mosier succeeds Jamal El-Hindi, who will serve as the interim chief data officer (CDO) for the Department of the Treasury. In that role, El-Hindi will apply his FinCEN experience to “help lead the vision, design and development of the Treasury’s agency-wide data and information management strategies,” per an announcement.

Treasury 100

Treasury Leadership Compliance Currencies 100

PYMNTS

NOVEMBER 10, 2020

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Peirce defended the slow pace for many securities regulations, but not when they limit new technologies from being used.

Currencies 67

Currencies Treasury Securities Finance 67

PYMNTS

SEPTEMBER 26, 2018

The virtual account solution is currently available for clients across Western Europe, supporting 16 jurisdictions and 37 currencies. “API-based integration is one of the biggest topics across the industry,” said Naveed Sultan, the bank’s global head of Treasury and Trade Solutions, in a statement at the time. .

Accounting 75

Accounting Reconciliations Treasury Currencies 75

PYMNTS

DECEMBER 30, 2020

Instead, he expects central bank digital currencies ( CBDCs ) — government-issued digital versions of traditional dollars, yuan, etc. — In my mind, most money [in the near future] will basically be cryptocurrency, because you’ve got these CBDCs — the central bank digital currencies,” he said. to take center stage. “In

Currencies 107

Currencies Treasury Banking Technology 107

PYMNTS

JULY 21, 2020

Speaking with PYMNTS, Fides Treasury Services Head Client Relations Simon Kaufmann explored how some of the biggest opportunities to modernize the treasury function are adding new pressures to finance teams as they navigate the pandemic. ” Challenge Turned Opportunity. Yet there is opportunity hidden within the friction, he said.

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

PYMNTS

APRIL 26, 2017

At Kyriba we see technology as an enabler. I turn to our most trusted resources for innovative ideas: our clients, our client advisory board (CAB) and our subject matter experts, including the Treasury Advisor team that works closely with the current and prospective client base. This is a game changer for the industry.

Risk Management 40

Risk Management Treasury Auditing Securities 40

PYMNTS

OCTOBER 8, 2019

enabling those firms to access a custom platform that integrates with Citi’s existing foreign currency payments solution. The software will also bridge businesses to automated treasury tools as well as local and cross-border payment services for both businesses and banks.

Foreign Exchange 74

Foreign Exchange Treasury Currencies Banking 74

PYMNTS

MAY 3, 2019

The British Government has announced that it will protect the future of cash to make sure the proliferation of digital currency doesn’t affect portions of the population who rely on physical money every day. It will set strategies, facilitate nationwide access and make sure cash is available for those who need it.

Treasury 76

Treasury Currencies Leadership Banking 76

CFO News Room

JANUARY 17, 2023

Neither index is particularly representative, and currency effects contaminate both, but they tell the story of devastation in the two markets. In the graph below, I start with two traditional havens for US investors, the US dollar and treasury bonds: Trade-weighted dollar & US 10-year T.Bond Rate. Economic Consequences.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

SEPTEMBER 16, 2020

The Treasury Department has sanctioned two individuals from Russia for their alleged participation in a purported complicated phishing effort, according to a Wednesday (Sept. 16) press release. According to the release, the two people are also the subjects of an indictment that was made public by the Justice Department. million at a minimum.

Banking 55

Banking Currencies Treasury Accounting 55

Future CFO

FEBRUARY 7, 2024

Delving into the key trends shaping the treasury landscape in 2024, the focus is on themes such as staffing challenges, macroeconomic risks, technology adoption, and strategic financial management. Staffing challenges and technology adoption Staffing emerges as a central theme for corporate treasurers.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

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. authorities designated cryptocurrency exchange Bitzlato Ltd. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

OCTOBER 22, 2020

The company has become known for the sophisticated digital technologies and engineering that go into many of its front-end commercial applications. 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

PYMNTS

SEPTEMBER 12, 2019

The bank said in a press release this week that it is collaborating with Kantox , a foreign exchange technology firm, in a deal that will allow BNP Paribas to offer its own corporate customers Kantox’s Dynamic Hedging tool.

Foreign Exchange 65

Foreign Exchange Treasury Forecasting Currencies 65

PYMNTS

FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. Officials speaking will include those from the IRS as well as some from the Department of Treasury’s other offices and bureaus.

Currencies 67

Currencies Treasury Compliance Accounting 67

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. On another note, the Science and Technology Directorate ( S&T ) arm of the U.S.

Securities 71

Securities Treasury Currencies Accounting 71