Future CFO

JULY 18, 2023

Given higher interest rates and lower growth, distress in the largely unrated non-bank financial institution (NBFI) sector globally could have spillover credit impacts on many other sectors, the credit rating agency noted.

Banking 52

Banking Leverage Risk Management Financial Systems 52

PYMNTS

DECEMBER 17, 2020

cryptocurrency exchange Coinbase has filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), according to a report from The Wall Street Journal (WSJ). This makes Coinbase the first major bitcoin company to go for the public markets, WSJ reported. It is the largest crypto exchange in the U.S.

Financial Systems 108

Financial Systems Securities Marketing 108

PYMNTS

NOVEMBER 16, 2020

Fitzpatrick, global head of CitiFXTechnicals, Citi’s market insight product, compared bitcoin’s movements to the gold market, which remained within a $20-$35 price range for 50 years before breaking out in 1971, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. Meanwhile, Binance on Monday (Nov.

Currencies 118

Currencies Financial Systems Securities Investments 118

The Finance Weekly

MARCH 16, 2023

The quick and unexpected collapse of the second and third largest bank collapses in US history sent shock waves throughout the markets. Securities portfolios ballooned to $6.26 Securities portfolios ballooned to $6.26 trillion at the end of the first quarter of 2022, up from $3.98 trillion at the end of 2019 before the pandemic.

Leadership 105

Leadership CFO Startups Compliance 105

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

PYMNTS

JANUARY 6, 2020

The Central Bank of Jamaica (BOJ) has confirmed it will abide by the Principles for Financial Market Infrastructures (PFMIs). Regionally operated payment systems in Jamaica will consequently be regulated more closely. FMIs improperly regulated and governed could pose significant challenges to enhancing stability.

Banking 52

Banking Financial Systems Securities Marketing 52

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. But it has also led to two firms controlling more than 90% of the mobile payments market.”

Financial Systems 76

Financial Systems Finance Technology Securities 76

PYMNTS

MAY 20, 2020

It also works to ensure that financial products and services can be distributed as smoothly and safely as possible. The 27 EU member states have their own financial systems, and many have also implemented their own domestic real-time payments rails. Official guidelines and regulations can only go so far, however.

Financial Systems 84

Financial Systems Banking Securities Marketing 84

CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. But unlike other collapses, it has largely avoided rippling into other markets. Lisa Monaco. said Wednesday. Deputy Treasury Secretary. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

DECEMBER 23, 2020

The State Bank of Pakistan (SBP) is looking at making corporate supply chains digital, a report from Pakistan Today stated, with an eye toward more financial inclusion. “It It is the overarching aim of the State Bank to ensure a safe and secure financial system,” said SBP Deputy Governor Sima Kamil at a web conference, per the report.

B2B 84

B2B Corporate Finance Finance Securities 84

PYMNTS

JANUARY 13, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Before taking that role, Khaliq had served as global head of Direct Custody & Clearing inside of Markets and Securities Services since 2017.

Treasury 52

Treasury Education Cash Management Economics 52

PYMNTS

JULY 16, 2018

Reuters cited the Financial Stability Board which is in charge of coordinating financial regulation among the Group of 20 Economies when reporting that the framework covers how risks from crypto assets could spread to other areas of the financial system. is stepping up oversight of the market.

Corporate Finance 44

Corporate Finance Financial Systems Valuation Securities 44

PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). The Pay on Demand platform enables us to deliver on that vision and foster financial inclusion, giving consumers an opportunity to participate in digital commerce.

B2B 72

B2B Financial Systems Economics Securities 72

PYMNTS

NOVEMBER 17, 2020

“Using FiDaaS, financial institutions can rapidly and dramatically expand the addressable market for their services while minimizing risk. Banks face new competitive pressures and commodification of transactional services, and they need to unlock new addressable markets and deliver new services.

Startups 60

Startups Financial Systems Banking Securities 60

PYMNTS

OCTOBER 23, 2018

SBI President and CEO Yoshitaka Kitao said in the announcement that signatures based on MPC “offered our desired level of security, performance and scalability needed to manage transactions for our growing SBI Virtual Currencies customer base.”. With the company’s Earn product, consumers will be able to get interest on stablecoin holdings.

Startups 76

Startups Banking Currencies Financial Systems 76

CFO News Room

JANUARY 21, 2023

He is openDemocracy’s international security correspondent. It is hardly a surprising figure given 2022 ended with global stocks having fallen by nearly 20%, with market losses of $30trn, the worst since 2008. He is on Twitter at: @ProfPRogers.

Economics 100

Economics Profit and Loss Forecasting Financial Systems 100

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Banking 91

Banking Financial Systems Planning Compliance 91

PYMNTS

APRIL 13, 2020

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. Our GDP, the financial markets and key industries will recover over time.

Education 103

Education Financial Systems Entertainment eCommerce 103

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. A Growing Crackdown .

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

CFO Talks

MARCH 19, 2024

Leading by Example Consider a CFO who champions the adoption of a new cloud-based financial system. For instance, after implementing the new financial system, the CFO could organize feedback sessions to discuss user experiences, addressing challenges and celebrating quick wins.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. They must deliver services that customers and clients demand while securing their personal data. market is seeing an uptick in faster and real-time payments transactions. The market completed roughly 1.3

Advertising 72

Advertising Securities Banking Financial Systems 72

PYMNTS

JULY 19, 2019

The UAE government recently decided to let foreign companies registered in the UAE’s 122 business sectors have 100 percent ownership, and that initiative was a catalyst for Jollypay’s further integration into the country’s financial system.

Financial Systems 55

Financial Systems Securities Banking Sales 55

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Compliance 64

Compliance Banking Securities Financial Data 64

PYMNTS

DECEMBER 17, 2019

That’s one of the main messages of a new PYMNTS interview with Regio Martins, CEO and founder of nobli , which aims to enable businesses to offer more forms of collateral when seeking loans — the company’s personal loans are secured by financial collateral. We expand that to include almost every type of financial asset.”.

Financial Systems 54

Financial Systems Startups Treasury Banking 54

PYMNTS

NOVEMBER 30, 2018

economy in a recent speech by Federal Reserve Chairman Jerome Powell, who cited non-bank lenders as problematic for the future of credit markets and the financial system as a whole. Noto also noted that SoFi wasn’t mentioned as a potential risk to the U.S.

Profit and Loss 55

Profit and Loss CFO Financial Systems Economics 55

Future CFO

NOVEMBER 1, 2021

CFOs look to move their financial systems or ERP to the cloud despite the rapid increase in cyberattacks driven by organisations’ embrace of digital transformation. The post CFOs to move systems to cloud despite rapid increase in cyberattacks appeared first on FutureCFO.

Budgeting 40

Budgeting CFO Financial Systems Securities 40

PYMNTS

AUGUST 14, 2019

More broadly, however, Blanco’s theme was the interconnectedness of the financial system – and how diligence and transparency is the key to combating money laundering and other financial crimes in the U.S. and around the world. kilograms of methamphetamines and more than $5.5 million.

Compliance 65

Compliance Currencies Financial Systems Budgeting 65

PYMNTS

DECEMBER 18, 2018

Securities and Exchange Commission (SEC), urged European Union and U.K. lawmakers to prepare for a no-deal Brexit , which could potentially wreak havoc on markets across the globe, Financial Times reported. clearing houses that dominate the global derivatives market, in case of a no-deal exit.

Planning 46

Planning Financial Systems Securities Investments 46

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. We … translate current financial systems into smart systems, exploring the unseen values and opportunities for businesses.”. In a press release issued Tuesday (Jan.

Data Analysis 46

Data Analysis Financial Systems Startups Finance 46

PYMNTS

JANUARY 22, 2020

Sabre Vice President of Product Management Becky French discussed this strategy with PYMNTS in a recent Masterclass video , noting that this collaboration has already yielded stronger cash flow and financial management practices for joint clients. NY Labor Department Secures Payroll Card Win. SmartEquip Adds Commercial Card Support.

B2B 52

B2B Currencies Securities Education 52

PYMNTS

JUNE 18, 2019

Yet, as scoutbee Founder and Managing Director Lee Galbraith explained in a recent interview with PYMNTS, product quality and prices are only the tip of the iceberg when it comes to strategic vendor sourcing, and what it means for corporate security, digital transformation journeys and bottom lines. ”

Compliance 50

Compliance Securities Invoicing Currencies 50

PYMNTS

JUNE 25, 2019

The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. financial system. The Senate Banking Committee will hold its own hearing on the social media giant’s digital currency, called Libra, the day before.

Currencies 66

Currencies Financial Systems Banking Planning 66

PYMNTS

NOVEMBER 7, 2019

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If He added that even if Libra never comes to fruition, it has already put a spotlight on the crypto market. “In

Currencies 40

Currencies Financial Systems Securities Investments 40

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. Ant Group had $263 billion in outstanding consumer loans as of June 2020.

Restructuring 56

Restructuring Valuation Financial Systems Banking 56

PYMNTS

NOVEMBER 3, 2020

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

Financial Systems 79

Financial Systems Banking Finance Technology 79

PYMNTS

JANUARY 17, 2020

Respondents to the latest Index noted that increased system flexibility, improved process efficiency and better data access all contribute to higher levels of supplier satisfaction. That won’t prevent FinTechs from innovating with RTP, of course; the industry is relying on it, actually.

Reconciliations 61

Reconciliations Financial Systems Startups Banking 61

PYMNTS

SEPTEMBER 25, 2018

. “Across our business, we strive to facilitate greater financial inclusion in emerging markets, and identity is a central component,” said EmTech’s Chief Commercial Officer Mitch Davis. “Over one billion people worldwide cannot officially prove their identity.

Technology 66

Technology Investments Compliance Financial Systems 66