PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware. Treasury Department also said that he has provided “direct assistance” to the Russian government, and has ties to that country’s intelligence organization. The Scope Of The Damage — In Dollars.

Banking 52

Banking Treasury Nonprofit Advertising 52

Future CFO

NOVEMBER 17, 2022

With external pressures that are hard to predict, real-time visibility over financial data, processes and working capital will be key to survival, leading to greater pressure on CFOs and those who report into them, according to the research.

Finance 96

Finance Financial Data Economics Budgeting 96

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. BioCatch pointed to this risk in its blog post, too.

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

FEBRUARY 10, 2020

Trade and treasury solutions provider BNP Paribas, for example, is profiled for its hearty embrace of APIs, especially when it comes to instant money uses. The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury at BNP Paribas.

B2B 59

B2B Treasury Banking eCommerce 59

Simply Treasury

AUGUST 26, 2021

As we have seen, in the latest EACT survey, European treasurers clearly ranked the digitization of the treasury function as their second priority for the next 12 to 24 months. The situation is so complex sometimes and the treasury so important in the complete review of the whole finance, that the problem must be decided by the CFO himself.

Financial Data 130

Financial Data Treasury CFO Construction 130

PYMNTS

DECEMBER 14, 2018

This week’s B2B venture capital roundup includes a slew of companies experimenting with enterprise data use cases. They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. In all, more than $87.8

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

DECEMBER 26, 2018

As PYMNTS looks back at the biggest stories of 2018, open banking and APIs became a central focus of the payments and financial services industry in areas like corporate treasury and small business banking. Of course, the FinTechs are eager to welcome corporate bank data into their own platforms to augment services for businesses, too.

B2B 70

B2B Treasury Banking Startups 70

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

IFRS 97

IFRS Technology SAP Compliance 97

PYMNTS

MAY 13, 2020

Manual AP processes give little insight into companies’ payments obligations or financial statuses. Treasury department staff cannot quickly access financial data that depends on employees sifting through paper documents, for example. Deep Dive: Ho w AP Automation Enables More Informed Investment Decisions.

Invoicing 79

Invoicing Accounts Payable B2B Budgeting 79

PYMNTS

SEPTEMBER 26, 2019

Gresham is focusing on real-time financial data management for cash flow and payments control, it said. Connecting these services through our platform removes these issues, and enables the change finance and treasury teams are looking for.”.

Technology 43

Technology Banking Treasury Financial Data 43

Future CFO

NOVEMBER 27, 2022

Asked what value AI brings to the finance team, he opined that AI and advanced algorithms can help deliver insights on ways to boost financial performance. Many finance functions today create economic value directly through functions like treasury activities, cash and investment management, and capital market financing. Sanjay Patil.

Finance 52

Finance CFO Compliance Auditing 52

PYMNTS

OCTOBER 29, 2018

This is especially true in finance-related functions like accounting, procurement, payroll and treasury, and a new survey from Workday suggests chief financial officers are recognizing the opportunities in a more collaborative approach to their positions.

CFO 58

CFO Corporate Finance Finance Risk Management 58

PYMNTS

AUGUST 5, 2016

” Outside of the accounting department, however, other parts of a business will feel the effects of automated accounting — and the access of the financial data that goes along with it. ” From treasury management to sales teams, access to data from the accounting unit might offer guidance that was previously unattainable.

Accounting 42

Accounting Reconciliations General Ledger Auditing 42

Finvisage

DECEMBER 31, 2019

Risk of Illicit financial activities seen at Patisserie Valerie could have been mitigated with our Treasury Management System. With Finvisage, it is impossible to alter data without user getting into limelight. Samsung Electronics’ unsecured financial data was shredded due to inadequate security measures.

Reconciliations 52

Reconciliations Financial Analysis Construction Accounting 52

PYMNTS

MAY 11, 2018

But the aggregation of troves of data points is a monumental task – let alone sorting, analyzing and making sense of that information. The issue, said Alexander Rinke, co-founder and CEO of Big Data company Celonis , is that oftentimes, businesses approach the analytics process by relying on static data points. .

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

Future CFO

FEBRUARY 10, 2021

We replaced our entire treasury system in five months remotely,” he described. Data trust or integrity is another rising challenge. As CFO and the finance teams expand their data sources, especially when overlaying financial data with other data for better scenario planning and model analyses, data integrity becomes vital.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

JANUARY 14, 2020

One of the factors behind this may be financial leaders’ rising expectations for how payment systems should operate. In this sense, RTP may be seen as an integral part of wider efforts to streamline treasury and accounts payable operations, as well as shed the inefficiencies of manual and paper-based processes.

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

Simply Treasury

NOVEMBER 2, 2020

How to best choose your IT treasury solution in a complex and competitive environment? The strategic and key role of treasury teams has increased steadily over last decade. At treasury level, the central technology is the calculation and processing power of Treasury Management Systems (i.e. Tech dependency of Treasury.

Treasury 130

Treasury Technology Finance Economics 130

PYMNTS

FEBRUARY 15, 2019

The release of the JPM Coin follows the bank’s release of Quorum — a blockchain platform designed to allow institutions to keep track of financial data. When one client sends money to another over the blockchain, JPM Coins are transferred and instantaneously redeemed for the equivalent amount of U.S.

Currencies 73

Currencies Banking Valuation Treasury 73

PYMNTS

OCTOBER 30, 2020

To examine how businesses weigh factors like cash flow reporting and ease of adoption to arrive at their decisions, PYMNTS caught up with Adam Carter , vice president of global treasury management, faster payments at U.S. Bank , and Sara Cichoski, vice president of eEnterprise money movement at U.S.

B2B 59

B2B Economics Prioritization Banking 59

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

JANUARY 26, 2017

For example, we have corporate clients that are blocking access to eBanking products, with all treasury and cash management operations managed within ERP itself.”. Finlync is now in the production phase of its integrator tool, working with bank partners to integrate data from the ERP platform offered by SAP.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

JULY 24, 2017

Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. The cloud treasury and finance management solution provider released its 1H 2017 results last week, highlighting what Kyriba said was record sales growth at 43 percent for the half.

B2B 46

B2B SAP Profit and Loss Forecasting 46

PYMNTS

OCTOBER 30, 2019

The company said it will allow customers that have a current account or card product with any of 20 major high-street banks, challenger banks or card issuers to connect those accounts into their Coconut platforms to streamline financial data entry for augmented money management.

Banking 41

Banking Foreign Exchange B2B Accounting 41

CFO News Room

JANUARY 24, 2023

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

PYMNTS

OCTOBER 24, 2019

As Andreas Lutz, CEO of Fides Treasury Services explained to PYMNTS in a recent interview, the challenges associated with managing multiple bank accounts — and opportunities lost when it is done manually — are vast. Some treasury analysts still spend fully half their time working with massive spreadsheets,” he said.

Treasury 40

Treasury Mergers and Acquisitions (M&A) Banking Forecasting 40

Future CFO

MARCH 7, 2021

The organisation I represent, AFP, provides training and certification to treasury and finance professionals. Innovative technologies such as AI, big data and cloud computing, empower finance departments to effectively make the next best decision for their companies, teams, or customers. Education matters.

Finance 52

Finance SAP Leadership CFO 52

Musings on Markets

JANUARY 8, 2022

This post will be one of a series, where I will put different aspects of financial data under the microscope, to get a sense of how companies are adapting (or not) to a changing world.

Valuation 91

Valuation Corporate Finance Currencies Finance 91

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Categorize cash movements.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

Bramasol

JUNE 10, 2022

Within the SAP ecosystem, Parallel Accounting is supported by the following financial application components: Financial Accounting (FI). Treasury and Risk Management (TRM). Seamless integration with the full scope of SAP applications is key to the successful implementation and ongoing operation of Parallel Accounting.

Accounting Principles 86

Accounting Principles IFRS SAP Accounting 86

PYMNTS

DECEMBER 22, 2020

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape. The Corporate Use Case.

Banking 114

Banking Treasury Corporate Finance B2B 114

PYMNTS

JANUARY 21, 2020

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has warned that small businesses are largely shunning the opportunity to unlock their financial data. “The financial crash casts a long shadow.

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

APRIL 11, 2019

Morgan Treasury Services, in the announcement. Morgan Treasury Services, in the same announcement. “As The JPM Coin launch follows the bank’s release of Quorum — a blockchain platform designed to allow institutions to keep track of financial data. Since we launched real-time payments in the U.S.

Treasury 53

Treasury Reconciliations Budgeting Financial Data 53

PYMNTS

JULY 1, 2020

Late last month, Mastercard revealed it had reached a deal to acquire Finicity , a company that provides real-time access to financial data, PYMNTS reported. And with our new client portal, our customers can self-serve and manage their trade finance products online.”. Commercial Bank of Dubai Links With Thunes.

Finance 56

Finance Banking Treasury Financial Data 56

PYMNTS

JANUARY 10, 2020

Headquartered in Hong Kong, MioTech aggregates supply chain and financial data to enable enterprise clients to assess sustainability, social responsibility risks and other performance metrics. based HighRadius, a SaaS provider focused on accounts receivable and treasury management solutions for corporate customers. HighRadius.

B2B 52

B2B Startups B2C Management Consulting 52

Bramasol

MAY 6, 2022

By unifying all financial data within a single-source-of-truth, S/4HANA enables applications such as Billing and Revenue Innovation Management (BRIM) , Revenue Accounting and Reporting (RAR) , lease accounting , and others to seamlessly interface with enterprise-wide financial functions such as treasury management , FP&A , etc.

SAP 71

SAP Finance Reconciliations Leverage 71