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.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

Global Finance

MARCH 5, 2025

With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs and risks. Scotiabank has officially exited retail banking in Panama, Costa Rica, and Colombia, marking the latest move by a major international lender to scale back in the region.

Banking 52

Banking Compliance Treasury Finance 52

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. Some may lack the appropriate treasury management solutions or may not know how to maximize liquidity process efficiency.”

Cash Management 93

Cash Management Treasury Compliance Banking 93

Future CFO

FEBRUARY 7, 2024

Delving into the key trends shaping the treasury landscape in 2024, the focus is on themes such as staffing challenges, macroeconomic risks, technology adoption, and strategic financial management. The post Navigating treasury trends in 2024: challenges, strategies, and the role of technology appeared first on FutureCFO.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan Chase ; and Brad Windbigler , head of treasury and investor relations at Western Union. Setting the Stage.

Treasury 76

Treasury Banking B2B Reconciliations 76

PYMNTS

MAY 29, 2019

The Treasury Department announced Wednesday (May 29) in a report to Congress that of the 21 major U.S. trading partners, only nine need further scrutiny because of their currency practices. Reuters noted that report in October didn’t name China or any trading partner as a currency manipulator. trade deficit.

Currencies 75

Currencies Treasury Accounting Banking 75

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 The Pandemic Pop.

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

PYMNTS

JULY 16, 2020

Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual currency (CVC) out of individuals, according to a Thursday (July 16) press release.

Treasury 80

Treasury Banking Currencies Communication 80

PYMNTS

JANUARY 28, 2021

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said. “As

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In response to Mnuchin’s comments, Facebook told CNBC that “they anticipated critical feedback from regulators, central banks, lawmakers around the world.”

Treasury 75

Treasury Securities Currencies Financial Systems 75

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

CFO News Room

JANUARY 21, 2023

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 130

Treasury Currencies Numbers Marketing 130

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

Global Finance

SEPTEMBER 25, 2024

Susanne Prager, head of cash management at Raiffeisen Bank International (RBI), discusses the challenges affecting global banking services and the need for the latest tech tools to help companies succeed in CEE and around the world. Global Finance: What are the overall trends impacting international banking transactions?

Banking 98

Banking Cash Management Compliance Currencies 98

PYMNTS

SEPTEMBER 22, 2020

No longer is open banking solely for consolidating financial information into a single platform for one end user. Acumatica Links Its ERP Into Bank Data. Integrated into its ERP solution, the new feature links electronic banking fees to corporate card spend, allowing for automated receipt creation. In the U.K.,

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

JULY 6, 2020

“Today, we are making a significant investment to build this market and with highly differentiated offerings providing both private and business clients the opportunity to choose a long-standing industry expert as their payments and FX currency partner.”. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

OCTOBER 10, 2019

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. According to Cointelegraph , the bank recently took down a job listing about the position on LinkedIn. However, things seem to be changing this year, as the bank applied for a patent for a digital currency wallet in August.

Treasury 76

Treasury Banking Currencies Finance 76

Global Finance

OCTOBER 21, 2024

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices with overall corporate strategy.

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Forecasting Cash Management 111

PYMNTS

NOVEMBER 23, 2020

As the world’s leading international bank, it is our ambition to put banking in our customers’ pockets, and create a top-tier borderless banking experience that lets them manage their finances whenever and wherever they want,” Matthias Dekan, head of HSBC Global Money, HSBC Group, said in a statement on Monday (Nov.

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Treasury Currencies Banking Accounting 140

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., where challenger banking has flourished in recent years. has been nowhere near other markets like Japan and Switzerland in embracing digital assets within the banking arena, though it’s not necessarily a surprise.

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Treasury Currencies Invoicing Cash Management 117

PYMNTS

JANUARY 23, 2020

The acceleration of the movement of money is likely to have significant implications for how organizations of all kinds – particularly banks and financial institutions (FIs) manage liquidity. Indeed, faster payments can support banks’ need to get cash where it needs to go in a timely manner. Real-Time Predictability.

Banking 96

Banking Treasury Currencies Accounting 96

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. 10) press release. “Our 10) press release. and Ireland at SWIFT. .

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

JANUARY 21, 2021

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. challenger bank. Q4 Earnings Reports Show Mobile Banking’s Surge.

Treasury 72

Treasury Currencies Healthcare Banking 72

Global Finance

SEPTEMBER 9, 2024

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. A sense of nervousness amid ongoing global disruption pervades strategic thinking across global treasury functions. It’s a predicament that started to emerge as far back as 2018.

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

PYMNTS

APRIL 13, 2020

The stimulus checks — some of them, anyway — are coming, via direct deposit, to tens of millions of Americans’ bank accounts over the next several weeks. In other words, the recipients would create checking accounts at the Federal Reserve Banks (there are 12 of them).

Accounting 99

Accounting Banking Currencies Treasury 99

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. Joining forces with Goldman Sachs makes it simpler, more transparent, and more economic for customers to make payments.”.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

OCTOBER 31, 2016

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. According to the report, the banking regulator said the data breach had to do with a former employee at the agency removing more than 10,000 records without receiving authorization to do so.

Currencies 74

Currencies Treasury Banking Numbers 74

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Treasury 71

Treasury Currencies Investments Banking 71

PYMNTS

MARCH 30, 2020

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. Bitget, which was started in 2018, offers institutional and retail investors digital currency trading services.

Currencies 98

Currencies Treasury Banking Retail 98

PYMNTS

SEPTEMBER 14, 2016

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. The agency regulates, supervises and charters national banks and is an independent bureau within the Treasury.

Currencies 57

Currencies Planning Treasury Banking 57

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. It’s another gap in the market giving rise to FinTech firms addressing this issue. ”

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Treasury Startups Corporate Finance Auditing 65

PYMNTS

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. OCC Clears Banks For Stablecoin. According to Acting Comptroller of the Currency Brian P.

B2B 75

B2B Banking Currencies Treasury 75

Musings on Markets

JANUARY 27, 2022

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 99

Treasury Currencies Numbers Investments 99

The Finance Weekly

OCTOBER 30, 2024

One of the major trends in this space is the ability to connect bank accounts seamlessly, providing real-time visibility into your financial status. Known for its advanced features, Datarails offers a seamless experience by connecting directly with your existing bank accounts, providing real-time visibility into your finances.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

JANUARY 18, 2022

Treasury said Tuesday (Jan. Treasury said in a statement. Kardashian, boxing legend Floyd Mayweather and NBA Hall of Famer Paul Pierce were among those who were sued in a class-action lawsuit for promoting the digital currency. The Treasury said the tougher rules will be phased in over six months once they’re finalized.

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Treasury Advertising Currencies Securities 58

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. That’s B2B Connect.”. “If

Foreign Exchange 100

Foreign Exchange Treasury Currencies B2B 100

PYMNTS

NOVEMBER 14, 2018

A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. “One of the difficulties currently is that motivation amongst some industry participants [to adopt real-time liquidity] is relatively limited,” Deutsche Bank noted.

Banking 78

Banking Treasury Forecasting Corporate Finance 78