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. Necessary Planning. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. 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. million raised, U.K.-based

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

Strategic Treasurer

OCTOBER 14, 2022

Global Payments Survey Shows Fraud Concern and Security Investment Plans. Results show the top challenges and areas of planned investment among companies of all sizes, with fraud and security as consistent themes. The post Global Payments Survey Shows Fraud Concern and Security Investment Plans appeared first on Strategic Treasurer.

Securities 52

Securities Investments Planning Treasury 52

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. Many corporates have limited experience dealing with uncertainty, especially when combined with very high interest rates, and are unsure how to plan or adjust,” says Monaco.

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. But they need to be planned for.".

Treasury 103

Treasury Concentration Currencies Banking 103

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

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. There may be some plans being made around M&A, but there is still a nervousness around rates.

Mergers and Acquisitions (M&A) 105

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

PYMNTS

NOVEMBER 28, 2019

Robinhood has announced that it giving up on its plans to become a federally insured bank. 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. The feature will enable customers to earn 2.05

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. That said, optimism without a firm plan in place is just another form of hot air. Two Types Of Normal. 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. Hong Kong and Singapore; HSBC plans to launch the solution in the Netherlands and United Arab Emirates later this year.

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

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 Based in the U.K.,

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

JANUARY 15, 2021

In this week's news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. Digital game platform operator Roblox plans to go public on the New York Stock Exchange next month by a direct listing.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

JUNE 7, 2016

That local branch would post funds to Cornell’s Cash Management Office, which then had to be reviewed, eventually approved and notice was sent back to the Bursar’s office and finally posted to the student’s account – a process Baker said could take weeks. dollars and deliver to clients,” Massaro explained.

Planning 42

Planning Education Reconciliations Banking 42

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Planning: this is the first stage of every business activity.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

MARCH 6, 2020

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. Now, eCommerce might turn out to be the saving grace for many events as the coronavirus scatters plans and people. In a feature story, Diane S.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment.

Banking 60

Banking Treasury Cash Management Invoicing 60

PYMNTS

FEBRUARY 26, 2016

Business owners may be experts in their particular industries, but that doesn’t mean they’re always familiar with some of the back-end processes of running a company, like cash management and investing. Earlier this month, SMERGERS announced plans to reach new markets far beyond India. That’s where SMERGERS comes in.

Foreign Exchange 52

Foreign Exchange Valuation Currencies Sales 52

PYMNTS

JUNE 12, 2017

That means initiating payments in multiple currencies with multiple partners. “As As more banks and bank accounts must be managed and new currencies and regulations come into play, the complexity faced by corporates with their payments operations grows.”. Supplier Payment Practices.

Banking 60

Banking B2B Currencies Technology 60

PYMNTS

SEPTEMBER 19, 2019

Not all that long ago, treasurers would take stock of cash positions at the start of the day … to the best that they could, since some banks might not report positions daily. Liquidity and cash investment plans would be made by 10 a.m. Cash management becomes a continuous process, throughout the business day.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

MAY 16, 2018

.” According to reports, the solution is part of LG’s broader initiative to deepen its presence in the digital currency, authentication and supply chain management space as blockchain moves to disrupt them. Reports said LG is also preparing a digital currency business developed in collaboration with banks.

Currencies 40

Currencies Corporate Finance Startups Banking 40

PYMNTS

MAY 22, 2019

The service will first come to the facilities of Dorak Holding, which is a firm that manages a number of merchants in Turkey and plans tourist activities. The solution offers corporate cash management functionality and supports multiple currencies per the report.

Cash Management 43

Cash Management Currencies Communication Startups 43

PYMNTS

JUNE 21, 2018

The report, written by Strategic Treasurer and sponsored by Bottomline Technologies and Bank of America, surveyed corporate treasurers, cash managers and CFOs about their key focuses for improving B2B payments. Yet the report also highlighted a few areas that suggest not much has changed in the way of reducing paper.

Accounts Payable 44

Accounts Payable B2B Invoicing Accounting 44

PYMNTS

MARCH 31, 2017

However, Ed Adshead-Grant, GM of payments and cash management at Bottomline Technologies , noted that this isn’t much of a surprise. People expect to be able to trade in multiple countries and currencies at the click of a button. The hope is that the efforts will bring the seedier side of bitcoin to a close.

Communication 42

Communication Cash Management Currencies Technology 42

PYMNTS

MAY 30, 2018

Ant’s Plans. According to a press release today (May 30), SPD Bank will be leveraging Ant’s financial-grade technologies in AI, supply chain finance and biometric identification in online risk management to help prevent loan, transaction and marketing fraud. What It Says About The Space. FinTech Kabbage.

Banking 40

Banking Risk Management Startups Cash Management 40

Future CFO

MARCH 21, 2022

To achieve this, the Singapore-based treasury team, jointly with the local treasury staff, provides support by handling three key components: foreign currency risks, liquidity management and bank relationships. This year, we plan to implement the supply chain financing module on the same cloud system.

Budgeting 52

Budgeting Treasury Risk Management Currencies 52

Planful

JANUARY 3, 2017

Although the name makes it sound like a system that’s optimized for planning, in reality, an ERP system is designed and optimized for back-office transaction processing and operational process support. Accounts receivable and collections management. Fixed asset management. Treasury and cash management.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

CFO Simplified

OCTOBER 10, 2023

For example, your need for a line of credit to help fund your growth, or for different cash management services. Have a Plan – Be sure you know what you need to do to open a new banking relationship. You might need to operate in foreign currency. Maybe you need an SBA loan to fund an acquisition or expansion?

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

DECEMBER 18, 2017

Banks can charge up to 7 percent in fees to send or receive money in different currencies. Research from FIS found that 14 percent of small businesses using a global bank have switched providers in the last year, and even more said they plan to switch banks in the coming year.

Banking 44

Banking Invoicing Accounting Cash Management 44

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. In this buyer’s guide to the best FP&A software, we’ll provide an overview of the top financial planning and analysis tools to consider. However, not all FP&A tools are created equal.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. million members.

Startups 52

Startups Banking Finance Technology 52

Strategic Treasurer

MARCH 6, 2023

In this podcast, Craig Jeffery and Jason Campbell talk through some of the important questions regarding financial planning and analysis. Does it mean currency? Does it mean physical cash? Does it mean available cash? Cash that you have to spend. What are we referring to when we say cash?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

Global Finance

DECEMBER 26, 2024

Banks are creating personalized solutions like customized currency hedges or swaps. These tailored strategies help businesses manage currency risks in ways that suit their specific needs, explains Swapnil Shinde, CEO and co-founder of Zeni, a corporate bookkeeping platform powered by artificial intelligence (AI).

Foreign Exchange 87

Foreign Exchange Banking Currencies Marketing 87