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US Probes Hack Of Treasury, Commerce Department

PYMNTS

Department of the Treasury , the U.S. The latest attacks on government agencies come amid warnings from the Treasury Department about ransomware attacks against numerous sectors, including healthcare organizations. Attacks by hackers linked to the Russian government against the U.S.

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ECON Healthcare (Asia)’s CFO promoted 

Future CFO

Singapore-listed ECON Healthcare (Asia) recently announced the promotion of Kang Shwu Huey to group CFO and head of overseas development from the CFO role. Kang, aged 42, will oversees the corporate finance and treasury, accounting shared services, reporting, as well as the other financial aspects of the business in her new group CFO role.

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Today In Payments: Biden Expected To Name Michael Barr To Head OCC; Biden’s Treasury Pick Yellen Leary Of Crypto

PYMNTS

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. Biden’s Treasury Pick Yellen Leary Of Crypto. Plus, the chief of the CFPB stepped down at Biden’s request.

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TD Bank Customizes Financial Services For Healthcare Industry

PYMNTS

TD Bank is introducing new services in Canada designed to address the unique financial services needs of the healthcare sector. Researchers commissioned by TD Bank for its “Treasury Perspectives” report published in April found that, for business clients, access to payments data is critical, more so than speed.

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Malware Hits Banks By Mimicking Video Conferencing App

PYMNTS

Treasury Office of Terrorism and Financial Intelligence issued an alert about the surge in ransomware attacks. Healthcare is especially vulnerable, with one of the country's biggest hospital chains, Universal Health Services, hit by a major attack. Earlier this month the U.S.

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GE On Why The Road To Growth Runs Through Cross-Border Payments

PYMNTS

The 142-year-old company touches nearly every aspect of today’s economy, from healthcare and aviation to energy production and finance. Treasury is in the middle of upgrading our FX infrastructure,” she said. The cross-border element further complicates matters for multinational companies.

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Navigating the Path to an IPO for middle-market companies in 2025

E78 Partners

The healthcare sector, in particular, continues to lead IPO filings, with multiple biotech companies entering the market in 2025 [ Renaissance Capital ]. Enhance Treasury and Risk Management Functions: Prepare for public company treasury operations, including investor relations and cash management.