PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. Mnuchin added that the Treasury has informed Facebook, as well as other cryptocurrency users, that they need to implement the same anti-money-laundering and counter-terrorism safeguards as other financial institutions.

Treasury 75

Treasury Securities Currencies Financial Systems 75

PYMNTS

DECEMBER 9, 2020

The accelerated growth of USDC over the course of this year is the result of our active work to establish an open standard for fiat digital currency on the internet,” Puth said in a statement. Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

Currencies 103

Currencies Treasury B2B Compliance 103

PYMNTS

SEPTEMBER 4, 2018

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. NACHA found B2B payments made up 6 percent of the nearly 2 million same-day ACH transactions that occurred in the first 11 days the service went live. In the U.S.,

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Pain points experienced by B2B vendors when collecting cash will inevitably seep into their own AP processes. However, that understanding has not traditionally been the focus of B2B payments service providers. and Turkey.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

JUNE 15, 2020

GTreasury , a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Terry Beadle , GTreasury’s global head of Corporate Development, said the combination would prove valuable.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

SEPTEMBER 22, 2020

Through a collaboration with J.P.Morgan Chase, ClearBank will connect its business customers to multiple currencies as well as FX pricing information via application programming interface (API) integration, which will also link users to treasury and liquidity management solutions.

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

JANUARY 14, 2021

Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their implications for the traditional banking system. Modern Treasury Raises Funding To Accelerate B2B Payments. trillion in B2B transactions in the U.S. trillion in B2B transactions in the U.S. Noting that more than $18.5

Accounts Payable 62

Accounts Payable Treasury Currencies B2B 62

PYMNTS

DECEMBER 12, 2019

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. 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

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. HSBC on the Next Phase of Treasury APIs (B2B API Tracker). Libra’s Stumbles, Coronavirus Gains Show Pitfalls of a ‘Global’ Currency.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

FEBRUARY 5, 2020

Former BoF Gov: Central Bank Coin Currency At Least A Decade Away. Privacy and monetary policy issues are causing regulators to tread carefully in launching electronic currencies. Breaking Batch (Payments): BNP Paribas On APIs And Making B2B Payments Faster. US Economy Could Lose $10B To Chinese Travel Ban.

Currencies 52

Currencies Banking Restructuring B2B 52

PYMNTS

FEBRUARY 6, 2020

As the company readies for early adopters later this year, Transparent Systems also acknowledged that it will initially target the B2B payments landscape. But as Kramer explained, there are opportunities for real time in the B2B landscape. Corporates’ Real-Time Demand. How does it change people’s jobs and the way they do business?”.

B2B 67

B2B Reconciliations Treasury Technology 67

PYMNTS

OCTOBER 23, 2019

It’s the reason why paper checks remain a constant in B2B payments: Although businesses may not particularly like them, organizations already know how to send, receive and reconcile them. B2B innovators have a choice when they decide to search for a better way to move money between corporates. Work With What You’ve Got.

B2B 40

B2B Accounts Payable Foreign Exchange Treasury 40

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. We’re looking to partner with treasury management system [TMS] providers out there. FX management today has a more prominent role in the treasury department than in the past. Certainly regulations like PSD2 and the U.K.’s

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

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. That’s B2B Connect.”. “If If you are a treasury bank, you have to operate in both of those spaces,” he explained.

Foreign Exchange 100

Foreign Exchange Treasury Currencies B2B 100

PYMNTS

FEBRUARY 8, 2019

marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). “SMBs could be exposed to significant sterling fluctuation,” said Western Union Senior Currency Strategist Nawaz Ali in a statement sent to PYMNTS in December.

Currencies 61

Currencies Foreign Exchange Reconciliations Treasury 61

PYMNTS

JULY 8, 2016

In a recent announcement within the treasury management space, EDI Gateway, a service provider specializing in SMBs and focused on enterprise resource planning and B2B applications, linked up with AZUR , a cloud-based treasury management firm, to offer the latter’s eFinancialSuite to vendors.

Treasury 40

Treasury Reconciliations B2B Forecasting 40

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

PYMNTS

SEPTEMBER 26, 2018

Not only do the founders of projects raising funds via ICO rarely have a background in treasury management, but the nature of the current crypto ecosystem means these innovators need guidance, Siemer told PYMNTS in a recent interview. “On top of that, their clients’ crypto exposure will also affect decisions made.”

Treasury 65

Treasury Startups Corporate Finance Auditing 65

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. By teaming up with Kantox, we can now complement our TaaS [Treasury-as-a-Service] offering with FX management and hedging ,” said BELLIN Founder and CEO Martin Bellin in a statement.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

JANUARY 16, 2017

The relationship between bank and corporate customer is one that, for treasury managers, is a crucial one. In a world of cross-border transactions, geopolitical upheaval and currency volatility, corporates traditionally forge relationships with several banks. And visibility is crucial for centralized decision-making,” he said.

Treasury 41

Treasury Compliance Auditing Currencies 41

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. First Horizon Mixes Rails for Faster Treasury Payments. Mastercard Leads Central Bank Digital Currency Test. Zero Hash Embraces Payment Rail Cooperation.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

AUGUST 9, 2019

HSBC has added six foreign currencies supported by its commercial card products in Europe in support of corporates operating across borders in the region. In a press release sent to PYMNTS on Thursday (Aug.

Currencies 40

Currencies Cash Management Treasury Compliance 40

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. In an announcement , Citi revealed the launch of its Citi Global Connect platform, enabling corporates to accept B2B payments across borders with integrated FX capabilities.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

MAY 2, 2016

Treasury has added five nations to its list of trading partners with foreign exchange policies that need to be monitored, according to reports on Saturday (April 30). China, Germany, Japan, Korea and Taiwan are each on the list due to their currency practices, according to reports.

Treasury 40

Treasury Foreign Exchange Currencies Marketing 40

PYMNTS

JANUARY 13, 2021

FDIC) and the Treasury Department have reportedly launched an inquiry into American Express Co. Other sources said the Office of the Comptroller of the Currency (OCC) is also looking into the matter. Other sources said the Office of the Comptroller of the Currency (OCC) is also looking into the matter.

B2B 66

B2B Accounts Payable Treasury Currencies 66

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. Beyond bitcoin is the potential of central bank digital currencies (CBDC).

Treasury 95

Treasury B2B Currencies Banking 95

PYMNTS

DECEMBER 22, 2016

The bank completed the transactions for packaging company Amcor and trading cards company Panini, with payments cleared in multiple currencies across Germany, the Netherlands and the U.K. BNP Paribas has just completed its first cross-border corporate payments transactions via blockchain technology, the bank announced Wednesday (Dec.

B2B 41

B2B Treasury Currencies Banking 41

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. As a whole, the U.S. “The U.S. ” Coexisting Systems.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

DECEMBER 3, 2018

Amid the digital transformation of the enterprise, data is now considered the most valuable currency for corporates looking to transform via technology. In expense management, data emerges as the currency of control.

Currencies 57

Currencies Auditing Technology Banking 57

PYMNTS

JANUARY 30, 2017

The role has evolved, along with the complexities of global supply chains and doing business across multiple currencies. In addition, the volatility introduced into currency and other asset markets from events such as Brexit means that treasury functions must adopt innovative ways to deal with ripple effects that impact working capital.

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

SEPTEMBER 18, 2019

Elsewhere in Europe, in the United Kingdom, Travelex has debuted a B2B FinTech platform known as Travelex Business. Services include cash management and cross-border payment and currency conversion across APIs. The latter offering includes multi-currency processing.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

OCTOBER 13, 2020

banking license, and a central bank digital currency would exist alongside cash. A central bank digital currency will take its design from cash, and be as easy to use and adopt into everyday life. How Transforming Treasury Banks Helps Corporates Transform, Too. Plus, Amazon launched a QR code-based augmented reality app.

Banking 52

Banking Treasury Currencies B2B 52

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. B2B payments market. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

JANUARY 22, 2021

While the corporate treasurer's fundamental role has remained steady, the treasury function has seen dramatic impacts from a changing market that is increasingly moving toward real time. Yet, it's when these two techniques are combined that a treasurer can truly optimize liquidity management across borders and currencies.

Treasury 103

Treasury Concentration Currencies Banking 103

PYMNTS

MAY 30, 2018

There are three things on the mind of nanopay ‘s CEO Laurence Cooke : Emerging markets, cross-border business-to-business (B2B) transactions, and capital markets and treasury. When it comes to B2B and cross-border payments, Cooke said each is difficult on its own, but trying to do both at once adds even more complexity.

Treasury 43

Treasury B2B Currencies Startups 43

PYMNTS

MARCH 4, 2020

trillion global tourism industry, and Facebook is reportedly considering revising the structure of its proposed Libra currency. HSBC On The Next Phase Of Treasury APIs. Libra Stumbles, Coronavirus Gains Show Pitfalls Of A ‘Global’ Currency. Here’s why when it comes to currencies, one size does not fit all.

Currencies 52

Currencies Treasury Cash Management B2B 52

PYMNTS

OCTOBER 22, 2020

The average global company works with at least six banks and 40 percent of them make payments in at least six currencies. Treasury is in the middle of upgrading our FX infrastructure,” she said. GE’s treasury department experienced this firsthand in the early days of the pandemic, when China imposed a full shutdown on businesses.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98