PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Banking 57

Banking Treasury Leverage Technology 57

PYMNTS

DECEMBER 16, 2019

PayPal and Citi have grown their partnership to allow institutional clients of Citi to make payments into their customers’ PayPal digital wallets, according to a release. Citi clients will be able to use Citi’s WorldLink cross-border payments peripheral to put money directly in PayPal’s digital wallet.

Treasury 53

Treasury Currencies Accounting Banking 53

PYMNTS

OCTOBER 26, 2018

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found. Reports in The Asset on Thursday (Oct.

Treasury 79

Treasury B2B Accounting Planning 79

PYMNTS

DECEMBER 16, 2019

PayPal and Citi have grown their partnership to allow institutional clients of Citi to make payments into their customers’ PayPal digital wallets, according to a release. Citi clients will be able to use Citi’s WorldLink cross-border payments peripheral to put money directly in PayPal’s digital wallet.

Treasury 52

Treasury Currencies Accounting Banking 52

Finvisage

DECEMBER 31, 2019

Today companies are pressurised by shareholders and regulators for augmenting transparency and financial performance. Finvisage operates in Treasury Management System (TMS) industry which has become a great investment space from the last few years. We have an opportunity in terms of pricing our product and establishing a market space.

Marketing 52

Marketing Mergers and Acquisitions (M&A) Treasury Investments 52

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe.

Reconciliations 48

Reconciliations Treasury B2B Cash Management 48

PYMNTS

NOVEMBER 21, 2018

Citi ’s Treasury and Trade Solutions (TTS) announced that it has expanded its Citi Payment Insights offering to more than 20 new markets, making it available in more than 70 markets. Citi’s offering goes beyond any other offerings I have seen in the marketplace thus far.”.

Marketing 52

Marketing Treasury Transportation Banking 52

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

Treasury 66

Treasury Cash Management Compliance Startups 66

PYMNTS

AUGUST 15, 2019

Ken brings deep financial services insights and technical expertise to his new role,” said Esther George, president and chief executive officer, Federal Reserve Bank of Kansas City, who is also the sponsor of the Fed’s payments improvement initiative. “He This is an exciting milestone in U.S.

Strategic Planning 63

Strategic Planning Treasury Leadership Banking 63

PYMNTS

NOVEMBER 5, 2019

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

Cash Management 42

Cash Management Treasury B2B Banking 42

PYMNTS

JANUARY 8, 2020

Chubak has been with Citi since leaving McKinsey in 2013 and will report directly to Anand Selva, head of the U.S. In 2015, Fraser held a position similar to the one that Chubak is assuming now, a sign that he is on a growth path at the New York-based financial institution. the company announced on Tuesday (Jan.

Retail 40

Retail Banking Treasury Risk Management 40

PYMNTS

MAY 14, 2018

Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The Financial said Friday (May 11). We are pleased with the renewed agreement with Citi to address the trade finance gap.”.

Finance 46

Finance Banking Treasury Economics 46

PYMNTS

DECEMBER 11, 2017

Financial services firm FIS is linking customers of Fifth Third Bank to real-time payments, the companies said late last week. FIS first introduced its Real-Time Payments Incubator service earlier this year to enable financial institutions to access real-time payment capabilities and onboard to RTP.

Treasury 40

Treasury Banking Technology Marketing 40

PYMNTS

DECEMBER 18, 2017

Citi has implemented what it calls a “blockchain-inspired” distributed ledger technology in its back-office to manage collateral in its ledger and send cash or securities, the financial institution (FI) announced Friday (Dec. 15) in a press release. Currently, banks have to set aside capital as they wait for collateral to be settled.

Treasury 46

Treasury Leverage Technology Securities 46

PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill. The bank-FinTech collaboration trend has hit the small business customer segment particularly strong.

Banking 50

Banking Treasury Finance Investments 50

PYMNTS

DECEMBER 14, 2018

They include Internet of Things (IoT)-connected manufacturing machines, cross-platform financial data analysis, predictive analytics for inventory management and more. The company said it will use the funds to continue focusing on product development, as well as add new staff members. In all, more than $87.8 The company announced $11.3

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

MAY 29, 2020

The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Smart Cities Can Emerge Stronger From The Pandemic. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? Innovating The ATM Beyond Cash.

Banking 52

Banking Healthcare Retail Treasury 52

PYMNTS

DECEMBER 12, 2019

To leapfrog slow legacy systems and overloaded information technology (IT) departments, financial institutions (FIs) and FinTechs are innovating with application programming interfaces (APIs) that move B2B funds faster. Citi recently made 50 APIs available to business clients, designed to connect easily with treasury software.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

FEBRUARY 7, 2020

Lightspeed incorporated Stripe Connect — the platform payment product of Stripe — and Stripe Terminal, the firm’s programmable POS. Retailers that sell products and services online have been slowly, but steadily, removing payment frictions and improving user experience to boost conversion rates. and Canada.

eCommerce 49

eCommerce Retail Treasury Budgeting 49

PYMNTS

JANUARY 23, 2018

According to the Financial Times on Monday (Jan. 22), top City of London officials were assured they would receive a report from the Department for Exiting the EU (Dexeu) about trade goals, but following a delay of that paper, reports now say it may never be released at all. “For While the U.K.

Planning 43

Planning Treasury Finance Economics 43

PYMNTS

OCTOBER 24, 2016

Hong Kong is again pushing for more multinational corporate treasurers to call the city home with a new initiative by local regulators. “Secondly, by centralizing the management of their overseas currency in Hong Kong, these companies will be better able to use the knowledge of Hong Kong’s financial professionals.”

Currencies 68

Currencies Investments Marketing Treasury 68

PYMNTS

APRIL 1, 2019

And while payments and commerce does have fewer chirping birds, it seems spring has sprung here as well – last week, we saw the start of all kinds of big blooms getting their start, especially at Apple, Citi and Square. The new card product also received some particularly tough reviews. Citi Launches New Payment Unit.

Invoicing 40

Invoicing Treasury Leadership B2B 40

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. According to PNC Treasury Management Executive Vice President and Head of Product Management J.

Reconciliations 47

Reconciliations B2B Treasury Securities 47

PYMNTS

JULY 24, 2017

The year’s second quarter is a mixed bag for the financial firms servicing businesses. Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. Costco card products, bought by Citi last year. According to American Express, the decline is due to the loss of the U.S.

B2B 46

B2B SAP Profit and Loss Forecasting 46

PYMNTS

MARCH 30, 2020

They are the very businesses that make America’s cities, towns and urban centers lively and vibrant and interesting — and make our communities culturally, socially and economically strong. Many had few choices but to shift the financial burden to their employees given the abrupt lack of demand for and/or access to their products or services.

Construction 92

Construction Sales Math Manufacturing 92

CFO Thought Leader

APRIL 1, 2023

The hosts also discuss the role of finance in enabling sales, the challenges faced by sales teams, and the importance of financial discipline and visibility in a company’s financials, regardless of market conditions. We’re glad we’re catching up with you. Now, where have you been? What have you been up to?

Sales 52

Sales Financial Planning and Analysis (FP&A) CFO Mergers and Acquisitions (M&A) 52

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. So would you have a range of products, a range of power-driven tools, is that your primary business today?

CFO 68

CFO Construction Finance Education 68

Musings on Markets

DECEMBER 2, 2020

In this section, I will start with a brief history of the company, move on to reviewing its financials leading into 2020, and then look at how it has performed in 2020. Legal Challenges : The company has faced multiple challenges from cities that feel that its business model violates local zoning laws and regulations, and evades taxes.

Profit and Loss 52

Profit and Loss Valuation Investments Numbers 52

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations. Categorize cash movements.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JANUARY 17, 2019

The exchange’s APIs will span product offerings and service offerings such as deposits, foreign currency exchange, insurance and loan offerings — and will also include safe deposit boxes, branch and ATM services that are part of general banking operations.

Construction 53

Construction Treasury Banking Finance 53

PYMNTS

OCTOBER 11, 2016

lawmakers have urged the Financial Conduct Authority (FCA) to release its findings of its years-long investigation into the bank. “If laws have been broken, individuals must be held responsible,” said the Labour Party’s shadow City minister, Jonathan Reynolds, in a statement to Bloomberg. ” U.K. . ” U.K.

Restructuring 80

Restructuring Treasury Banking Finance 80

CFO Talks

DECEMBER 26, 2021

Today’s podcast is sponsored by Draftworx, which provides automated drafting and working paper financial software to more than 8000 accounting and auditing firms and corporations. We always say on a daily basis millions of people are in contact with our product, but they haven’t consciously perceived that the brand is Silon.’.

Manufacturing 75

Manufacturing CFO IFRS Budgeting 75

PYMNTS

OCTOBER 2, 2019

The question for any number of treasury professionals is what lies ahead? Financial institutions and treasury operations would do well to get ready for it all, sooner rather than later. With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

MARCH 13, 2020

Robinhood Financial LLP has suffered three outages in roughly two weeks, and going dark has helped no one – certainly not the younger, tech-savvy investors who were left out of make-or-break days in the market. These are the times that try traders’ souls. trillion this year, up more than 20 percent from last year.

Marketing 60

Marketing Treasury Forecasting Communication 60

Barry Ritholtz

JANUARY 16, 2024

She has lived and invested through not just the great financial crisis, but the SNL crisis and a number of other fascinating experiences in real estate. The GFC was really a lot of esoteric financial products that, you know, the average person didn’t understand. What are the odds of that happening in other city centers?

Investments 103

Investments Marketing Transportation Finance 103

PYMNTS

FEBRUARY 28, 2019

Demand for real-time payments is on the rise around the globe, and financial, tech and retail players are angling for a chance to more easily leverage them. The company recently launched a platform that enables developers to access APIs for many of its cross-border mobile payment products. Around the B2B API World. Meanwhile, U.K.-based

B2B 47

B2B Leverage Treasury Banking 47

PYMNTS

MAY 14, 2018

is both a headache for legal marijuana businesses and an intriguing case study for the financial services industry. According to Kendell Lang, CEO of Fusion Bank , even with the rise in access to financial services for this sector, major service gaps remain. The conundrum of cannabis banking in the U.S.

Banking 52

Banking Compliance B2C B2B 52