Global Finance

MAY 7, 2025

President Trumps Liberation Day tariff plans have triggered a chain reaction that will have enduring repercussions for international trade and the movement of capital. Theres an emphasis on being prepared for client treasury needs, particularly regarding instant payments and data, she says.

Cash Flow Forecasting

Global Finance

JULY 26, 2024

Treasury keeps up with the dynamic payments environment. As the dynamic payments landscape presents both challenges and opportunities for corporate treasury, it’s unsurprising that financial institutions are finding new ways to help treasurers leverage new payments trends to improve efficiency, manage risk, and support business growth.

Cash Management

CFO Talks

AUGUST 29, 2024

The Essentials of Treasury Management in Modern Businesses In today’s fast-paced world, managing a company’s money isn’t just about paying bills and keeping the lights on. What Is Treasury Management? Simply put, treasury management is about keeping a close eye on the company’s cash, debts, and risks. Update it regularly.

Treasury

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. 6) announcement.

Treasury

PYMNTS

FEBRUARY 4, 2020

Visa has announced that it will sell cross-border payments company Earthport’s foreign exchange (FX) business to Pollen Street Capital’s Currency Holdings, according to a report. If you are a treasury bank, you have to operate in both of those spaces,” he explained. Visa paid about $257 million for U.K.-based based Earthport.

Foreign Exchange

Global Finance

JULY 26, 2024

Modern treasuries face a diverse array of demands, such as real-time payments, high inflation and interest rates, and new compliance and sustainable finance obligations. Many corporates have limited experience dealing with uncertainty, especially when combined with very high interest rates, and are unsure how to plan or adjust,” says Monaco.

Cash Management

PYMNTS

AUGUST 27, 2019

26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion for corporate clients. Other processes that can be conducted on the platform include real-time foreign exchange management, proof of payment, payments, request-to-pay and WorldLink transfers. Citi announced on Monday (Aug.

Treasury

PYMNTS

JANUARY 7, 2021

Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The new marketplace will be available through the Fides Multibanking Suite web portal, the release stated.

Finance

PYMNTS

AUGUST 14, 2020

While the migration of sales workflows from in-store to online hasn’t historically relied on guidance or input from the treasury department for a successful shift, in today’s demanding market, treasurers are in a position to play a far more strategic role in guiding their organizations as they manage new and changing payment flows.

eCommerce

PYMNTS

JANUARY 15, 2019

HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. Now, the bank is reportedly planning to allow its own corporate customers to use its blockchain tool.

Foreign Exchange

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. Certainly regulations like PSD2 and the U.K.’s

Treasury

PYMNTS

JULY 6, 2020

London-based global payments and foreign exchange company moneycorp has announced its expansion into Canada. In today’s challenging economic environment, I am pleased to continue our expansion into a prime market that aligns with our strategic growth plans,” Dowd said in a press release.

Currencies

PYMNTS

SEPTEMBER 22, 2020

Enterprise resource planning (ERP) technology provider Acumatica is embracing bank connectivity with the launch of its newest offering, Acumatica Advanced Expense Management and Electronic Bank Feeds. clearing bank ClearBank is introducing multicurrency bank accounts for businesses to move funds based on foreign exchange prices in real time.

Banking

Global Finance

JULY 26, 2024

Despite a generally positive outlook, foreign exchange risks remain. Thanks to APIs, we can provide a faster, more efficient way to exchange information and data and can better integrate new solutions from third parties, such as software providers, ERP [enterprise resource planning systems], and fintechs.”

Cash Management

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking

PYMNTS

OCTOBER 10, 2017

Treasury management startup IBSFINtech has landed seed funding from investors, reports from Indian information services group VCCircle said Monday (Oct. IBSFINtech noted it plans to use the funds for research and development. IBSFINtech provides software to support companies’ treasury and foreign exchange management.

Treasury

Global Finance

JULY 26, 2024

In the Asia-Pacific region, geopolitical risks and supply chain diversification require contingency planning by corporates, and banking partners who can help treasurers mitigate foreign exchange risk to protect profit margins. Protecting profits across the board.

Cash Management

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

Simply Treasury

JUNE 3, 2021

Thus, when circumstances required it, companies had to shift the timing of transactions initially planned for a specific date. Many companies hedge on a budgetary basis and qualify hedges of future cash flows by applying the so-called "cash-flow hedge" method under IFRS 9 (ex-IAS 39).

IFRS

PYMNTS

FEBRUARY 2, 2021

For chief financial officers (CFOs) and treasurers tasked with corporate management, Visa is aiming AI toward forecasting and planning. Cross-border transactions, for example, can vary widely from initiation to final settlement, impacted by foreign exchange (FX) rates. Smarter STIP — Working Throughout The Outages.

Forecasting

PYMNTS

AUGUST 13, 2019

12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. Last month, reports in the Financial Times made clear that businesses will increasingly be faced with decisions they must make about how to manage foreign exchange volatility. Reports Monday (Aug.

Foreign Exchange

PYMNTS

AUGUST 30, 2019

Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients.

Treasury

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Necessary Planning. What all of these challenges mean is that even when an organization decides to implement a foreign exchange management strategy, unexpected problems can still arise.

Foreign Exchange

CS Lucas

APRIL 28, 2023

This article will cover the information exchanged between CS Lucas and the accounting (Enterprise Resource Planning) system, as well as the methods employed to facilitate this exchange. The aim is to create a consolidated cash flow for single or multiple entities.

Accounting

PYMNTS

OCTOBER 11, 2019

The company plans to deploy its new funding to strengthen its core product offering, as well as to invest in sales and marketing. XTransfer said it plans to deploy the funding to invest in expanding its global financial network, and apply for licenses in new geographic markets. XTransfer already operates in China, Hong Kong, the U.K.,

Startups

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management.

Healthcare

Global Finance

JUNE 6, 2024

With the first customers activated at the end of 2023, the program includes the first and only notional cash pooling in Italy, optimizing corporate treasury management for groups of companies with international multicurrency operations, including foreign exchange (FX) and liquidity management.

Construction

PYMNTS

AUGUST 2, 2018

corporations are warning that profits and revenues will take a hit as a result of foreign exchange volatility, according to reports in The Wall Street Journal on Wednesday (Aug. HSBC’s survey also found that 77 percent of CFOs plan to allocate more funding to their FX strategies. ”

Foreign Exchange

PYMNTS

JANUARY 11, 2018

overwhelmingly plan to expand financing activity this year. According to new research from Magilla Loans , which offers an anonymous search engine data for both home and business loans, a survey of mortgage and business lenders found plans to originate more than half a trillion dollars’ worth of loans in 2018. Lenders in the U.S.

Finance

PYMNTS

SEPTEMBER 19, 2019

Liquidity and cash investment plans would be made by 10 a.m. To that end, said Ron Chakravarti, Treasury Advisory Group head at Citi, the role of the treasury management team in optimizing cash on a day-to-day basis is changing as real-time operations (and payments) increasingly command attention. Maybe not even weekly.

Treasury

PYMNTS

MAY 29, 2018

Citing comments that Stephen Bird, chief of Citigroup’s global consumer bank, made at an investor conference, Reuters reported that the company plans to market the digital bank to credit card customers, including holders of its Double Cash card and the credit cards it issues for American Airlines, Costco and Home Depot.

Banking

PYMNTS

JUNE 30, 2016

Any company with a budget (that is, every company) engages in some type of financial planning. Globalization has enterprises of all sizes keeping a closer eye on their exposure to risks related to foreign exchange volatility, political changes and the like. Following the U.K. “The future of the U.K. referendum?

Budgeting

PYMNTS

JULY 26, 2019

While services like gpi, Faster Payments or Ripple’s RippleNet accelerate transaction speeds, the visibility of that transaction is what companies value most, said Kissler, including visibility into the status of a payment, any foreign exchange conversions applied at any given point, and any fees.

Foreign Exchange

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. a new player, Rho, has stepped onto the scene with plans to focus on API connectivity.

Banking

PYMNTS

OCTOBER 23, 2019

One of them is Deluxe Corporation, whose Treasury Management Solutions unit announced this week a new plug-and-play check scanner that allows users to more seamlessly begin scanning paper checks and integrating that information into back-end systems. Start From Scratch. s first new payment rail since ACH launched in 1974.

B2B

PYMNTS

DECEMBER 11, 2019

Foreign exchange (FX) is undoubtedly one of the biggest hurdles. This enables more robust cash application planning. “When you talk about cross-border, that need for efficiency becomes more pronounced because of the complexity in connecting across geographies,” Kohli said.

B2B

PYMNTS

JULY 30, 2018

We’ve got some adjustments to make because of foreign exchange rates, and we know we’ll make those adjustments and we’ll grow into that,” said Netflix Chief Content Officer Ted Sarandos during the company’s post-earnings conference call. We build a plan around client wishes.”. The best defense against that?

Currencies