PYMNTS

OCTOBER 10, 2019

Some of the account benefits include limitless spending, zero foreign exchange or transaction fees, with additional benefits through Mastercard World Elite such as a dedicated concierge service and other travel benefits.

Foreign Exchange 72

Foreign Exchange Manufacturing Leverage Securities 72

CFO News Room

FEBRUARY 2, 2022

The securities/ financial instruments discussed in this material may not be appropriate for all investors. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security/financial instrument, or to participate in any trading strategy.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

MARCH 17, 2020

Simply put, the back-office systems are ill-equipped to handle the demands of technological innovation, especially as financial services cross channels. 1: Security. Whenever you ask a customer ‘what is the most important dimension of the payment system,’ they will always say security is the ‘No.

Foreign Exchange 91

Foreign Exchange Compliance Securities Startups 91

PYMNTS

NOVEMBER 13, 2020

The company secured the funding from an unnamed angel investor, reports said. Statrys offers banking and foreign exchange payments solutions for SMBs and startups that operate across borders, connecting them with solutions like payment cards and cross-border payment capabilities.

B2B 91

B2B Banking Foreign Exchange Startups 91

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. The industry has come to understand that B2B problems cannot be addressed with tools and technologies designed for consumers. .

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

JANUARY 28, 2021

In recognition of this pain point, the leadership of digital asset technology firm Custody Digital have launched Ledgermatic , a company positioned to enable corporate treasurers and chief financial officers (CFOs) to manage their digital asset workflows alongside traditional fiat operations. But it may not be smooth sailing ahead.

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

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

SEPTEMBER 24, 2019

“Now, helping make SWIFT Cloud Connect real, we are pleased to collaborate with Microsoft to leverage their cloud expertise and advance the frontiers of financial technology, offering a new level of service for SWIFT participants.”. Using a cloud-based solution will boost transaction speed, consistency and security.

Foreign Exchange 47

Foreign Exchange Treasury Leverage Securities 47

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 73

SAP Foreign Exchange Economics Budgeting 73

PYMNTS

MAY 13, 2020

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

DECEMBER 11, 2019

SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. 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. “It Cash flow remains the No.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. He was a technology banker with Wells Fargo Securities and RBC Capital Markets before launching CIBC’s Innovation Banking practice.

Finance 46

Finance Foreign Exchange Treasury Leadership 46

PYMNTS

OCTOBER 22, 2020

The company has become known for the sophisticated digital technologies and engineering that go into many of its front-end commercial applications. A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98

PYMNTS

APRIL 16, 2020

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. But many of these businesses are also looking ahead to drive financial services efficiencies beyond coronavirus disruption.

Finance 67

Finance Foreign Exchange Compliance Banking 67

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Omnichannel Fraud Protection.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. Looking At Digital IDs — And Friction.

Foreign Exchange 69

Foreign Exchange Securities Currencies Technology 69

Future CFO

DECEMBER 3, 2020

Remittance payments from anywhere in the world destined for the UK routed through Lloyds can arrive in seconds with fee and foreign exchange transparency, security and full regulatory compliance, SWIFT said. The post SWIFT activates instant 24/7 cross-border payments appeared first on FutureCFO.

Foreign Exchange 40

Foreign Exchange Compliance Securities Banking 40

PYMNTS

NOVEMBER 22, 2016

According to the report, a Goldman Sachs spokeswoman confirmed the membership lapse but that Goldman Sachs plans to continue to work with blockchain technology. Goldman Sachs was one of the nine original members of R3, which was created back in 2014 to explore ways to use blockchain technology with Wall Street.

Foreign Exchange 59

Foreign Exchange Currencies Startups Investments 59

PYMNTS

MARCH 5, 2019

In a press release sent to PYMNTS on Monday (March 4), ONPEX revealed it will provide Wirexend with its cross-border payments and Banking-as-a-Service technology so that Wirexend can offer its own business customers with global payment capabilities, enabling customers to access to SWIFT and SEPA money transfer services. ”

Foreign Exchange 46

Foreign Exchange Currencies Reconciliations Accounting 46

PYMNTS

NOVEMBER 9, 2016

Kristian Gjerding, founder and CEO of CellPoint Mobile , added that, if the blockchain initiative extends to other banks, the level of security provided by the blockchain is inherent without the need for a middle service, such as the ACH network. “If That will be the long-term benefit.”. That will be the long-term benefit.”.

Foreign Exchange 70

Foreign Exchange Banking Startups Securities 70

PYMNTS

NOVEMBER 9, 2017

What can foreign exchange service providers learn from the Uber model? Increasingly, firms selling abroad are embracing the belief that there is a business advantage to making products available for purchase in foreign customers’ home currencies. That’s where foreign exchange (FX) payment providers step in to help.

Foreign Exchange 43

Foreign Exchange Currencies B2B Leverage 43

PYMNTS

AUGUST 14, 2020

“There are many requirements that are initially overlooked, and that’s where treasury teams can play a very important role,” he said, highlighting processes like establishing new bank accounts, securing new card acquirer and payment service provider relationships, and managing foreign exchange exposure – all of which occur in the DTC migration.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

JUNE 13, 2019

Remittence technology firm WorldRemit is stepping into the cross-border B2B money transfer market with the launch of WorldRemit For Business, reports in Africa News said Wednesday (June 12). financial services company to secure money transfer licenses in all 50 U.S. Last year the company became the first U.K. states, with the U.S.

B2B 49

B2B Marketing Foreign Exchange Investments 49

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. In a press release , WorldFirst announced it has acquired Australia-based CurrencyVue, a takeover that WorldFirst said will help expand its cross-border trade and payments solution for businesses.

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

Reval

JUNE 13, 2017

The award from Corporate Treasurer magazine , commends Kerry’s application of technology to support its intercompany netting activities. Kerry’s netting centre captures transaction information, centralises foreign exchange exposures and provides clarity over transaction costs for transactions between the company’s subsidiaries.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

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.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

MAY 24, 2017

12 million | New equity secured by Blispay , the financing company for online merchants. 107 million | Funding raised by R3, the distributed ledger technology group , in what the consortium said is the first of two tranches in its Series A round. .

Foreign Exchange 40

Foreign Exchange Startups Investments Finance 40

PYMNTS

MARCH 21, 2018

Global Collections facilitates same-day receipt of funds and limits foreign exchange fees by offering wholesale currency conversion rates. Companies can generate an international bank account number (IBAN) as well as a virtual account number (VAN) to support transfers in U.S. dollars or euros.

Foreign Exchange 49

Foreign Exchange Currencies B2B Accounting 49

PYMNTS

OCTOBER 11, 2019

The company also plans to invest in marketing, its team and technology upgrades. Japan and Australia, allowing Chinese SMBs to trade globally by providing local collection, payments, lending, foreign exchange and other treasury management offerings. challenger bank Tide secured $54.3 Canada, the U.S., In a statement.

Foreign Exchange 67

Foreign Exchange Startups B2B Investments 67

PYMNTS

JUNE 21, 2019

Martin Chikilian, vice president of talent operations for freelancing marketplace Toptal , observed that many software developers in Córdoba, Argentina, where he lives, work remotely for Silicon Valley and New York City technology firms, for example. Screening cannot be entirely left to technology, however.

Foreign Exchange 43

Foreign Exchange Currencies Invoicing Leverage 43

PYMNTS

MARCH 25, 2020

Australian corporate card provider Archa announced a collaboration of payment and open banking technology firm i2c to debut a new corporate credit card program in the country designed to address key pain points for small and medium-sized businesses (SMBs). Archa Collabs With i2c in Australia. ”

Mergers and Acquisitions (M&A) 46

Mergers and Acquisitions (M&A) Banking Foreign Exchange Risk Analysis 46

PYMNTS

JULY 16, 2018

According to a report in Fintech Futures , the new unit will focus on making sure the bank is using the latest technology to improve efficiencies, while at the same time exploring the use of tokenized securities in the capital markets, derivatives and with other financial products.

Investments 41

Investments Foreign Exchange Banking Technology 41

PYMNTS

NOVEMBER 22, 2019

raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Funding Xchange secured $10.3 The company said it plans to fuel geographic expansion and technological investment with the funds as it plans to expand its customer target into the offshore drilling, midstream and downstream markets.

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) B2B Foreign Exchange Startups 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. Though open banking is not a regulatory mandate in the U.S.,

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

AUGUST 22, 2018

Customers will also get a reduction in some undesirable fees, including wire transfer fees and foreign exchange fees at ATMs outside of the country. According to the report, the Sapphire Reserve card is popular among millennials because of the generous rewards points, which cater to their desire to travel.

Accounting 40

Accounting Foreign Exchange Entertainment Banking 40

PYMNTS

NOVEMBER 8, 2017

What lessons can foreign exchange (FX) service providers take from the Uber playbook? Foreign exchange providers are no different. A seamless payment experience is one of the reasons rideshare companies like Uber have gained popularity over the years.

Foreign Exchange 40

Foreign Exchange Healthcare Currencies eCommerce 40

PYMNTS

APRIL 20, 2018

domestic real-time and legacy payments industry after focusing on global foreign exchange and cross-border payments services for commercial banks. SwapsTech Head of Treasury Technology Rithesh George added that banks struggle to adopt real-time payments and other digital tools without disrupting customer service.

Banking 40

Banking Foreign Exchange Treasury Leverage 40