PYMNTS

JANUARY 30, 2017

The role has evolved, along with the complexities of global supply chains and doing business across multiple currencies. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

Global Finance

OCTOBER 21, 2024

Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices with overall corporate strategy. It offers predictable returns, stable cash flow, interest rate protection and long-term liquidity planning.

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Cash Management Forecasting 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. RBI’s solutions like its centralized Cash Management Hub (CMIplus) can streamline these processes.

Banking 98

Banking Cash Management Compliance Currencies 98

PYMNTS

JUNE 23, 2020

The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses. Federal Reserve Tackles Fraud Across Rails.

Cash Management 106

Cash Management Currencies Banking B2B 106

PYMNTS

MARCH 16, 2016

In a first for the Bank of China, the financial institution has linked up with its first foreign bank for interbank cash management of a corporate client. Reports on Tuesday (March 15) said Germany’s Deutsche Bank is collaborating with Bank of China, and the result of that partnership has gone live.

Cash Management 40

Cash Management Banking Treasury Corporate Finance 40

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Not so long ago, linking cash account statements across far-flung systems or operations would have taken days or weeks and extensive testing to synthesize all that data into one centralized presentation.

Treasury 107

Treasury Currencies Cash Management Accounting 107

PYMNTS

OCTOBER 22, 2019

But the executive insights in the pages that follow offer a bit of roadmap for cash managers to see more restful nights. Connecting those supply chains across borders also means executives must think about payments in a different way, especially when managing transactions across time zones and currencies.

Cash Management 41

Cash Management B2C Currencies B2B 41

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. As a whole, the U.S. 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. “The U.S.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

DECEMBER 7, 2020

It has also begun work in stock trading and cash management accounts. Office of the Comptroller of the Currency for its application for a national bank charter. In October, SoFi said it had received preliminary and conditional approval from the U.S.

Startups 107

Startups Cash Management Finance Currencies 107

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. Cards remove the need for petty cash and checks while providing an alternative way to pay suppliers without impacting precious cash flow. dollars. “We

Currencies 40

Currencies Cash Management Treasury Compliance 40

PYMNTS

DECEMBER 7, 2020

What's more, third-party platforms force sellers to wait to access their revenues, making cash management an even more arduous process. On top of capital constraints they need to deal with, they also need to deal with complicated tax schemes and exposure to different currencies.". The company now operates in the U.K.,

eCommerce 142

eCommerce Finance B2C B2B 142

PYMNTS

NOVEMBER 2, 2020

Data flows and transparency can help corporate treasurers and chief financial officers act strategically in day-to-day cash management and optimize working capital as they break down silos within their own companies. Delving Into Digital Currencies. They want the data [and] they want the information,” said Phalen.

B2B 119

B2B Currencies Healthcare Cash Management 119

Future CFO

FEBRUARY 7, 2024

Treasurers are advised to assess counterparty risk differently and explore strategies for managing currency risk, given the geopolitical uncertainties. While technology has been instrumental in counterparty risk assessment and currency exposure management, the focus in 2024 is shifting towards generative AI.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs. The scope became very large.”.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

Global Finance

JUNE 6, 2024

FAB also launched a sustainability-linked current account for businesses to support clients in achieving environmental, social and governance objectives by contributing to sustainable developments, integrated into their everyday cash management and a sustainability-linked supply chain finance offering.

Construction 109

Construction Compliance Cash Management Treasury 109

Simply Treasury

JUNE 3, 2021

Here again, it seems to us that the need to dematerialize, digitize and automate is logical to make companies more resilient and efficient in their financial management. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

NOVEMBER 17, 2020

The company has 13 million accounts on its infrastructure that enables trading in digital currencies, gold, options, funds and stocks. Robinhood, which was started by two alumni of Stanford University, says on its website, according to Bloomberg, that it is “on a mission to democratize finance for all.”.

Cash Management 92

Cash Management Investments Currencies Marketing 92

PYMNTS

SEPTEMBER 30, 2016

A new survey by JPMorgan finds corporate treasurers consider China’s recent currency exchange rate reforms to have had the most impact on their businesses. All of this occurs as China works to make the yuan an international currency. Reports on Thursday (Sept. China’s economic slowdown surpassed U.S.

Currencies 67

Currencies Cash Management Economics Banking 67

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. Monaco says that in addition to rising rates, high inflation increases the cost of goods and services, eating into liquidity and cash reserves. Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

JANUARY 22, 2021

In pursuit of instant cash management and visibility, treasurers' modernization efforts have been underway for some time, with the global coronavirus crisis greatly accelerating those initiatives as liquidity management has become even more vital to the enterprise's overall health.

Treasury 103

Treasury Concentration Currencies Banking 103

Global Finance

SEPTEMBER 9, 2024

One of the products of that is that cash is again king, as it was in the ’90s.” Corporates are hoarding cash, and that has meant a return to dividends and distributions but also more conservative cash management. Flexibility, he advises, is key to warding off restrictive rigidity.

Mergers and Acquisitions (M&A) 105

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

PYMNTS

FEBRUARY 19, 2019

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K.,

Accounting 75

Accounting Cash Management B2B Invoicing 75

PYMNTS

NOVEMBER 16, 2018

iBanFirst enables businesses to transfer money from their bank accounts to an iBanFirst account, and allows those funds to be transferred into and held in 28 different currencies. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

NOVEMBER 28, 2019

The stock-trading startup is voluntarily pulling its bank charter application with the Office of the Comptroller of the Currency, which was submitted earlier this year. And last month, the company relaunched a checking feature called Cash Management after it was previously shelved due to regulatory issues.

Banking 75

Banking Valuation Cash Management Currencies 75

PYMNTS

SEPTEMBER 18, 2018

Despite all the negative news, despite all the political and trade tensions, despite all the currency declines, there are reasons for optimism for merchants, wholesalers, manufacturers and other businesses. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability? China, the U.S.

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62

PYMNTS

JULY 9, 2019

The bank announced that its Next Generation Virtual Accounts are now available to wholesale clients to support cash and multi-currency management. HSBC is introducing virtual accounts for corporate and institutional clients, the financial institution said in a press release sent to PYMNTS on Monday (July 8).

Accounting 54

Accounting Banking Cash Management Treasury 54

PYMNTS

JANUARY 17, 2019

As CEO David Solomon said in reference to an ongoing review of the fixed income, currency and commodities division (commonly known as FICC), the company is training its sights on cash management Keep in mind that FICC, for the full year 2018, contributed $5.9 billion, which grew 11 percent year on year.

Investments 74

Investments Cash Management Treasury Banking 74

PYMNTS

SEPTEMBER 18, 2019

Services include cash management and cross-border payment and currency conversion across APIs. The services are offered across several core product suites, including Travelex Business Cash, Travelex Business Pay and Travelex Business Cloud. The latter offering includes multi-currency processing.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

MAY 29, 2020

And in 2018, just after bitcoin’s price seemingly peaked at the end of 2017 at just under $20,000, the famed investment firm said bitcoin could indeed be used as a form of currency. billion sent to currency exchanges from criminal entities. We noted then that JPMorgan is providing cash management services for the exchanges’ U.S.

Currencies 74

Currencies Cash Management Investments Banking 74

PYMNTS

MARCH 14, 2019

” Corporate cash managers may not be able to control many of those challenges, like ongoing geopolitical instability resulting in trade tensions and financial market volatility, or the rising threat of cyberattacks. . “We live in times of great uncertainty and great change,” said Kohli. ”

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

CFO Leadership

MARCH 31, 2022

They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash? Hit hard by their company’s growth, Treasurers often lose sight of their global cash. Review un-trapped and trapped cash.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

SEPTEMBER 17, 2019

The new platform will feature an API-led platform to offer customers cash management , cross-border payments and retail currency conversion.

B2B 60

B2B Foreign Exchange Currencies Cash Management 60

PYMNTS

MAY 19, 2017

Cash Management. While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. B2B Marketing. secured $10.3

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

MARCH 4, 2020

trillion global tourism industry, and Facebook is reportedly considering revising the structure of its proposed Libra currency. Libra Stumbles, Coronavirus Gains Show Pitfalls Of A ‘Global’ Currency. Here’s why when it comes to currencies, one size does not fit all. Ant Financial Acquires Minority Stake In Klarna.

Currencies 52

Currencies Treasury Cash Management B2B 52

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill.

B2B 61

B2B Accounts Payable Cash Management Invoicing 61

PYMNTS

MAY 29, 2019

This year it applied for a national bank charter from the Office of the Comptroller of the Currency. Robinhood removed all its marketing material and now calls it a cash management feature offered within its brokerage accounts. In 2018 its user base jumped from 4 million during the summer to 6 million by late 2018.

Valuation 63

Valuation Cash Management Currencies Banking 63