CFO News Room

FEBRUARY 2, 2022

We specifically mentioned three cryptocurrencies in this article, but there are actually more than 10,000 coins in the crypto world, so it’s important to categorize the coins before making investment decisions. By knowing the top trends and investment opportunities, you can incorporate exposure to digital assets into your portfolio.

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Concentration Investments Securities Currencies 130

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. The company secured the funding from an unnamed angel investor, reports said. million in new funding for U.K.-based and Hong Kong.

B2B 91

B2B Banking Foreign Exchange Startups 91

PYMNTS

NOVEMBER 2, 2020

The PBOC, the China Banking and Insurance Regulatory Commission, the Securities Regulatory Commission and the State Administration of Foreign Exchange said in a brief statement, per FT, that they had “conducted regulatory interviews with Ant Group’s actual controller Jack Ma, Chairman Eric Jing and Chief Executive Simon Hu.”.

Foreign Exchange 52

Foreign Exchange Investments eCommerce Banking 52

PYMNTS

DECEMBER 2, 2020

India has responded by tightening investment rules for Chinese companies wishing to participate in the Indian market, which Reuters reported many Chinese firms have become involved in to expand their revenues beyond just Chinese sources.

Sales 71

Sales Foreign Exchange Restructuring Planning 71

PYMNTS

MAY 1, 2020

London-based Finablr , which owns two foreign exchange businesses, found that the overall debt of the company was $1.3 And Shetty’s holding company BRS Ventures, which owns stake in Finablr and NMC, was in conversation with investment bank Houlihan Lokey on options that included debt restructuring.

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Foreign Exchange Restructuring Valuation Numbers 61

PYMNTS

OCTOBER 28, 2019

Through this investment, we have enriched our API capabilities to ensure our customers receive a best-in-class experience when using our products and integrating their data,” said Scott Johnson, global head of product for Western Union Business Solutions. Domestic and cross-border payments are supported in over 130 currencies.

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Foreign Exchange B2C Currencies B2B 51

PYMNTS

OCTOBER 11, 2019

Avrios said it will use the investment to further develop its fleet management platform that supports employees’ mobility needs. The company plans to deploy its new funding to strengthen its core product offering, as well as to invest in sales and marketing. challenger bank Tide secured $54.3 Canada, the U.S.,

Foreign Exchange 67

Foreign Exchange Startups B2B Investments 67

PYMNTS

MARCH 19, 2019

The most recent round was led by Vertex Ventures’ global growth fund and Antinum Investment in South Korea. InstaReM isn’t the only payment company that is using xRapid to send payments around the world quickly and securely. In November it raised $20 million in capital from investors.

Foreign Exchange 64

Foreign Exchange Startups Currencies Investments 64

Bramasol

DECEMBER 20, 2022

Also, because the severity of inflation varies from region to region, global companies need to navigate the impacts of foreign exchange (FX) fluctuations on their cash flows and bottom line. Supply Chain Security and Agility. On the other hand, rising costs and wages pose major challenges. In 2023, executives plan to direct $4.6

SAP 72

SAP Foreign Exchange Economics Budgeting 72

PYMNTS

APRIL 16, 2020

That firm recently secured funding from Visa, which is also in the process of acquiring Plaid as part of its own wide-ranging open banking initiatives. Visa Invests in Open Banking FinTech Railsbank. Catch up on the most recent efforts to unlock, share and integrate bank data below.

Finance 67

Finance Foreign Exchange Compliance Banking 67

PYMNTS

JUNE 13, 2019

-registered businesses will have first access to the cross-border solution, reports noted, allowing SMBs to track the movement of funds in real time and receive notifications about foreign exchange rates to initiate transfers at the opportune moment. financial services company to secure money transfer licenses in all 50 U.S.

B2B 49

B2B Marketing Foreign Exchange Investments 49

PYMNTS

MAY 24, 2017

The funds are flowing for companies large and small as they announce the outcome of recent investment rounds. 12 million | New equity secured by Blispay , the financing company for online merchants. SBI Group, Bank of America Merrill Lynch and HSBC led the investment.

Foreign Exchange 40

Foreign Exchange Startups Investments Finance 40

PYMNTS

NOVEMBER 22, 2019

Further, this week’s B2B Venture Capital roundup finds VC funding isn’t the only investment strategy for B2B FinTechs, with (mergers and acquisitions) M&A activity seeking a spike, as well as some high-profile plans by industry players to go public. Funding Xchange secured $10.3 leading the investment. Also in the U.K.,

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) B2B Foreign Exchange Startups 43

PYMNTS

NOVEMBER 22, 2016

Banks are eyeing blockchain technology to make transactions faster, lower the cost of operators and secure its infrastructure. For Goldman, its push with blockchain is coming via investing and developing capabilities internally. An R3 spokesman told WSJ that turnover in the group is to be expected.

Foreign Exchange 59

Foreign Exchange Currencies Startups Technology 59

PYMNTS

MARCH 5, 2019

ONPEX enables the integration via API to support global payments and foreign exchange functionality for Wirexend and its customers, allowing businesses to make payments and convert funds in their accounts to different currencies. ”

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Foreign Exchange Currencies Reconciliations Accounting 46

PYMNTS

JANUARY 13, 2017

12) that the application process for its incubator is now open, with CSI Kick Start looking for companies innovating in the areas of virtual cards, ACH, foreign exchange and other B2B payments issues, like fraud and digitization. The company said Thursday (Jan.

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Ebury is integrating foreign exchange (FX) tools to support Just Cashflow’s SMBs and their cross-border payments needs.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

APRIL 14, 2020

To help speed the transformation, with a nod to a bit of hybrid approach for some firms, Rangachari noted that “we have invested in many tools, including a plug-in for Excel powered by APIs, so that clients can get real-time data into their own Excel environment.”. Different Approaches To APIs.

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Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

NOVEMBER 16, 2018

This week, RPA startup Automation Anywhere made waves with its $300 million investment from the SoftBank Vision Fund, reports said Thursday (Nov. The investment now values Automation Anywhere at $2.6 Another nine-digit investment round was landed by a startup this week. CEC Capital also participated, according to reports.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

MARCH 21, 2018

Global Collections facilitates same-day receipt of funds and limits foreign exchange fees by offering wholesale currency conversion rates. Last year, Currencycloud announced an investment led by GV, formerly known as Google Ventures, that provided $25 million to the company. dollars or euros.

Foreign Exchange 49

Foreign Exchange Currencies B2B Accounting 49

PYMNTS

OCTOBER 21, 2016

million in venture capital and growth equity investment this week. Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. B2B payments automation firm Nvoicepay revealed a $10 million investment Wednesday (Oct.

B2B 77

B2B Startups Foreign Exchange Investments 77

PYMNTS

OCTOBER 10, 2017

The India-based startup secured investment from Shailesh Haribhaki, chairman of consultancy firm Haribhakti & Co., IBSFINtech provides software to support companies’ treasury and foreign exchange management. reports said, though IBSFINtech did not disclose how much it raised.

Treasury 40

Treasury Startups Foreign Exchange Management Consulting 40

PYMNTS

JULY 22, 2019

Visa is pursuing further innovations in infrastructure security for the payments industry. The company recently invested in the crypto storage company Anchorage , which safeguards investors’ digital currency and gives them more control over their assets.

Foreign Exchange 43

Foreign Exchange Currencies Transportation Securities 43

PYMNTS

OCTOBER 30, 2019

APIs also boost visibility into foreign exchange rates, Western Union said, while allowing the FI to offer business clients “the latest level of regulated European internet security,” it said in its announcement.

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

SEPTEMBER 26, 2016

Those potentials and threats, however, expand beyond foreign exchange challenges. 26% of EU SMEs plan to boost investment in digital tools next year , found a new report released by Schroders U.K. The first, unsurprisingly, is data security, while cost to implement a digital workplace is also a struggle. 71 % of U.S.

Foreign Exchange 59

Foreign Exchange Currencies Transportation B2B 59

Global Finance

MAY 8, 2024

survey, most banks across APAC increased 2023 tech budgets to boost security, transform data and avoid downtime. CCB invested 4.9 It has facilitated investments in power, energy, transportation and urban development, with a keen eye on lending to the SME sector, It is the country’s only universal international bank. million).

Banking 52

Banking Profit and Loss Construction Retail 52

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. FinBox plans to use the investment on product research and development. Australia’s ANZ Bank led a $1.56

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JUNE 18, 2019

It’s the users who often become the victims in stringent security measures when fraud detection is too broad. percent) but far more than for areas like foreign exchange (9.6 Despite vendor outsourcing and potentially investing in new employees, digital platforms aren’t particularly confident in their fraud operations.

Foreign Exchange 51

Foreign Exchange B2C Prioritization Budgeting 51

PYMNTS

NOVEMBER 27, 2018

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. At a broader level, security and choice will remain paramount demands for consumers and businesses alike.

Foreign Exchange 49

Foreign Exchange B2B Banking Compliance 49

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. investments last year.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Those who wait until they must either invest or fold will find themselves outpaced, and catch-up is not a game that any organization wants to find itself playing. Our chairman, Dr. B.

Risk Management 54

Risk Management Foreign Exchange Investments Technology 54

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. Check out our breakdown of all the deals below. . ” Logistics. ” Alternative Lending.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

SEPTEMBER 19, 2019

Liquidity and cash investment plans would be made by 10 a.m. As Chakravarti told Karen Webster in a PYMNTS podcast in the “Treasurer’s Need to Know” series, there are several forces at work, impacting businesses and also the ways that treasurers and their teams manage cash, liquidity and foreign exchange. Maybe not even weekly.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

Future CFO

NOVEMBER 7, 2019

Retail investors will be allowed to invest up to $200,000 a year in foreign securities, without being required to invest via a Thai intermediary institution. Thai investors can trade gold in foreign currencies. There is no restriction on outward transfers, with the exception for a few specific purposes.

Benchmarking 52

Benchmarking Currencies Investments Securities 52

PYMNTS

APRIL 24, 2018

The takeover of City Forex, announced in February, followed last August’s acquisition of CardOne and the launch of its Fair Everywhere solution, a small business current account that includes global payment and foreign exchange management services.

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Profit and Loss Foreign Exchange Corporate Finance Banking 40

PYMNTS

AUGUST 3, 2016

One is generating sufficient transactions to keep the exchange rates and fees low, and another is assuring users of the security of a new digital technology for cross-border transactions. What might have investors fired up about Revolut is its potential to provide corporate foreign exchange services.

Currencies 40

Currencies Foreign Exchange B2B Investments 40

PYMNTS

MARCH 11, 2016

Adding to the confusion is the latest data from KPMG International and CB Insights, which revealed that private investment in FinTech startups more than doubled last year. foreign exchange payments company FairFX scored nearly $7.5 The investment marks Amadeus Capital’s first-ever funding in India. This time, the U.S.

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B2B Startups Foreign Exchange Valuation 40