Cube Software

SEPTEMBER 22, 2023

Link calendar to financial systems if required and offer training to users. Continuously track calendar against evolving financial landscape; adjust for insights, risks, and environment shifts. This is where technology can be a game-changer. Tailor sections (budgeting, forecasting, etc.) Review and approve.

Budgeting 52

Budgeting Finance CFO Planning 52

PYMNTS

APRIL 24, 2019

Wirecard, the digital financial technology company announced on Wednesday (April 24) that it has expanded a partnership with RBL Bank to promote financial inclusion in India. Consumers will only need their local Aadhaar identification number to access the services through Wirecard’s retail agents.

Banking 49

Banking Financial Systems Numbers Retail 49

PYMNTS

JULY 19, 2019

Sentbe, which is based in South Korea, wants to improve cross-border person-to-person money transfers by using new technology. The company is licensed as a financial institution in South Korea and works to give everyday users financial opportunities they might not be able to get in the current financial system. .

Currencies 53

Currencies Financial Systems Numbers Securities 53

PYMNTS

APRIL 1, 2019

The money is being earmarked across a number of initiatives, designed to combat synthetic fraud. As Harris noted during the discussion, synthetic fraud essentially centers around creating a person (a fictitious one, in this case) — where bad actors can and do use fake names, Social Security numbers or birthdates, and build credit histories.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

OCTOBER 5, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Brussels also aims to have big platforms allow users to remove programs that come already installed on technologies like computers and smartphones.

Banking 91

Banking Compliance Advertising Tax Planning 91

CFO Thought Leader

JUNE 13, 2023

Read More Reports Rosenthal: “Relative to traditional asset management funds, we actually performed pretty well, but I did come to understand much more clearly how integrated the financial system is into the greater economy.” Historically, a total sales figure had been tabulated each day, along with a total sales per employee number.

CFO 52

CFO Leadership Sales Investments 52

PYMNTS

JANUARY 20, 2021

We already have good examples of embedded B2B finance to go by in manufacturing, technology and professional services: A limited number of firms are using embedded payments to streamline the international invoicing and AR processes with their customers.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

OCTOBER 28, 2019

The Italian bank indicated that a 2015 file containing customers’ names, addresses, emails and phone numbers was compromised. The data leak did not include any financial information or the credentials required to access client accounts. Their technology is not necessarily superior to the technology that anyone can get.”.

Financial Systems 40

Financial Systems Banking Technology Numbers 40

PYMNTS

SEPTEMBER 24, 2019

financial system have had some information about themselves … compromised at some point.”. Most will target banks because of the high number of accounts, but casinos, customers, insurance companies and money services are all attractive targets. .

Compliance 71

Compliance Financial Systems Accounting Securities 71

Future CFO

MAY 2, 2023

Deloitte FutureCFO spoke to Mike Polaha , senior vice president for finance solutions and technology at BlackLine , for his take on how CFOs and other finance leaders can improve the odds of successful transformation. Digital technologies aid in managing the workload of existing employees by relieving the burden of repetitive backend work.

Finance 52

Finance Benchmarking Leadership Communication 52

PYMNTS

JANUARY 12, 2020

Co-founder Gwalani, chief product and technology officer, said the startup has about 24 employees, some coming from Netflix, Flipkart and PayPal. Last year digital payments topped 1 billion transactions in October from over 100 million people and those numbers have been steady ever since. billion into startup lenders.

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

OCTOBER 25, 2019

Nova is extending its Credit Passport technology, which allows for the instant transfer of information from international credit reporting agencies to their U.S. financial system,” said Sara Milsten, senior vice president of new member acquisition, U.S. equivalent. “We consumer services at American Express.

Financial Systems 40

Financial Systems Startups Technology Numbers 40

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

Financial Systems 54

Financial Systems Startups Treasury Banking 54

PYMNTS

SEPTEMBER 16, 2019

Plaid said consumers’ rapid rate of digital payments adoption is evident in a number of stats, including the fact that Venmo has more than 40 million users, and also that so far this year, investors have put $12 billion into FinTechs.

Investments 56

Investments Valuation Financial Systems Financial Data 56

PYMNTS

SEPTEMBER 30, 2019

Beyond the lures of money, there are other nation-states that may want access to a financial system, but for different reasons. The Bretton Woods framework for commercial and financial relations still holds sway decades after that system of monetary management was established. The Corrosion Of Power. They make mistakes.

Nonprofit 65

Nonprofit Currencies Financial Systems Securities 65

PYMNTS

APRIL 8, 2019

Branch and Visa plan to jointly offer virtual prepaid debit card numbers to customers around the world, allowing unbanked Branch customers to receive a credit at any ATM without the need for a bank account. “We By capitalizing on the global growth of mobile technology, Branch said it aims to quickly increase financial access. “At

Financial Systems 54

Financial Systems Finance Investments Accounting 54

PYMNTS

AUGUST 4, 2019

Elliptic collaborated with researchers from the Massachusetts Institute of Technology (MIT) on the data set, which was taken from 200,000 bitcoin transactions worth $6 billion — the largest set of labeled transaction data publicly available in any digital currency in the world. A big problem with compliance, in general, is false positives.

Compliance 46

Compliance Currencies Financial Systems Startups 46

PYMNTS

AUGUST 15, 2019

Justin Ferrabee, chief operating officer of Canadian payments clearing and settlement system operator Payments Canada, told PYMNTS in a recent interview that reliable data is also key to supporting anti-money laundering (AML) and know your customer (KYC) compliance efforts. . High-value payment systems operated by the U.S.

Treasury 58

Treasury Prioritization Compliance B2B 58

PYMNTS

DECEMBER 14, 2018

financial services sector as consumers embrace digital technology for the banking and retail industry. Adoption of digital payment technologies is poised to grow significantly among U.K. billion faster payments transactions between 2015 and 2016, and recent estimates project that number will reach approximately 2.3

Advertising 72

Advertising Securities Banking Financial Systems 72

PYMNTS

JUNE 5, 2018

Di Gang, deputy head of the digital currency research lab at the People’s Bank of China, told media outlets that his department has “completed the infrastructure of a system that issues digital checks based on a blockchain with smart contracts technology.”

Currencies 44

Currencies Financial Systems Leverage Banking 44

PYMNTS

JUNE 4, 2020

It’s a fast and radical transformation that the post-2008 financial system was kind of prepared for. are somewhat expected, with consumers in both [regions] more frequently interacting with financial and payment providers through digital channels. Server farms didn’t melt. The internet didn’t break. Life went on.

B2B 52

B2B Banking Financial Systems Planning 52

Future CFO

JULY 20, 2020

Technology has become an important influence and enabler of business – no matter the size and industry. The challenge for many organisations today rests more on which technology to prioritise the limited resources – especially during a crisis like what we are experiencing now.

CFO 52

CFO Leadership Finance Corporate Finance 52

PYMNTS

OCTOBER 22, 2019

Facebook’s relationship with financial institutions could be threatened if it rolls out its Libra cryptocurrency without completely addressing concerns when it comes to money laundering. Revolut Taps Mastercard for US Rollout . Revolut, a British FinTech startup, is teaming with Mastercard to help it expand into the U.S.

Startups 40

Startups Valuation Economics Financial Systems 40

PYMNTS

NOVEMBER 21, 2018

There is significant room for improvement in the cross-border payments space,” said Scott Hendry, Bank of Canada’s senior special director of financial technology, in another statement. Reuters reported earlier this month that the Financial Stability Board (FSB) counted a 4.1

Benchmarking 49

Benchmarking Banking Compliance Financial Systems 49

PYMNTS

MARCH 23, 2017

The maxim has stayed the same in the ensuing decades, but the technology has changed. Stealing money for the sake of getting rich with the taps of a few keystrokes is one thing — an actor, or band of actors, chasing vulnerabilities in technology to make off with millions.

Financial Systems 41

Financial Systems Banking Securities Technology 41

PYMNTS

DECEMBER 22, 2016

Taking those notes out of the financial system represents an effort to stymie fraud efforts, corruption and what the site noted as “illegal cash holdings.” Paytm, MobiKwik and FreeCharge are all seeing an increase in downloads and number of transactions since the move on the part of the Indian government, according to the report.

eCommerce 47

eCommerce Currencies Financial Systems Numbers 47

PYMNTS

MARCH 7, 2017

The Fund will support innovators using new technologies to help create a financial system that works for everyone. The report noted that so far the fund has invested in eight startups in a wide array of technologies, such as blockchain mobile payments, data analytics, financing and working capital.

Startups 40

Startups Education Financial Systems Economics 40

PYMNTS

MAY 31, 2016

The majority of financial service providers familiar with the blockchain say the technology will emerge as the “most significant technological development since the Internet,” according to a new report that offered renewed support for a tool for which some players have expressed doubts.

Technology 41

Technology Education Currencies Financial Systems 41

PYMNTS

MARCH 13, 2017

As bitcoin has gotten more popular, the number of people trying to use it has grown, and along with it the number of transactions on the good old blockchain technology that underpins bitcoin. If bitcoin is more expensive or slower than traditional financial systems, people aren’t going to use it.”.

Currencies 48

Currencies Financial Systems Numbers Planning 48

PYMNTS

APRIL 30, 2018

The number of merchants accepting plastic payments has remained static, while acceptance of other methods (Paytm in particular) have gained near ubiquity. Nanopay CEO Laurence Cooke said the country is shaping up to leapfrog plastic-based payments altogether, with one of the most sophisticated payments systems in the world.

Startups 44

Startups Banking Financial Systems Technology 44

PYMNTS

AUGUST 3, 2018

financial system around a set of core principles, offered guidance and recommendations that have long bounced around the FinTech space, and which no doubt already command the support of many executives. FinTech Improvements. The report , released in support of President Trump’s call to regulate the U.S. Re-examining Tradeoffs.

Treasury 46

Treasury Securities Currencies Financial Systems 46

Future CFO

SEPTEMBER 10, 2020

trillion dollars in annual losses, said SWIFT and BAE Systems Applied Intelligence which recently released together a report titled Follow the Money. . While the number of identified cases of money laundering through cryptocurrencies is low so far, there have been a couple of major incidents involving millions of dollars.

Compliance 40

Compliance Advertising Financial Systems Securities 40

PYMNTS

JUNE 30, 2017

Things that run the gamut from being more or less variations on existing database technologies to things that are really sci-fi and exciting but very different than anything that is out there right now,” he explained. Also important, he added, is resisting the tendency to attempt to boil the ocean in response to an emerging technology form.

B2B 77

B2B Currencies Banking Leverage 77

PYMNTS

JULY 26, 2017

As cyberattackers deploy more aggressive tactics, corporate banking firms have to respond with heightened cybersecurity measures to ensure confidence in the nation’s financial system, the OCC warned. Over time, consolidation among service providers has resulted in large numbers of banks reliant on a small number of service providers.”.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S.

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

NOVEMBER 28, 2016

But there is still a long ways to go, and in the several years since the Faster Payments initiative first began, it’s also morphed to evolve along with the technology available. ” That was for a number of reasons, he noted, but one was the cost associated with entering the game. . “In the U.K., “In the U.K.,

Banking 54

Banking B2B Cash Management Technology 54

PYMNTS

APRIL 14, 2017

Technology underpins everything these days. Writ large, the goal is to create “world-class ecosystems” around the “world-class technologies” that allow people to pay with safety and convenience. Technology both hinders and offers paths into the future,” she noted. This means modernizing the financial system.

Financial Systems 42

Financial Systems Economics Securities Accounting 42