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

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 82

Treasury Cash Flow Forecasting Forecasting Cash Management 82

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. The transaction netted JPMorgan approximately $173 billion in loans, $92 billion in deposits, and $30 billion in securities. Throughout 2023, JPMorgan Chase raised $2.3

Banking 105

Banking Foreign Exchange Profit and Loss Finance 105

Global Finance

JUNE 6, 2024

Corda R3 Innovation: Digital Asset and Crypto Banking Offering Company: BBVA Switzerland The crypto- and digital-asset market is filled with friction and security risks. China’s securities depository, China Central Depository & Clearing Co.

Construction 90

Construction Compliance Cash Management Treasury 90

PYMNTS

MAY 19, 2017

WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below. Cash Management.

B2B 61

B2B Investments B2C Cash Management 61

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. More Progress, New Challenges.

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

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. That is in part due to the fact that the cryptos do not generate cash flow or earnings, and are not instruments of investment diversification. “We

Currencies 74

Currencies Investments Cash Management Banking 74

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. They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. You’re not alone!

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JULY 21, 2020

With barriers to globalization coming down and new opportunities for growth discovered, corporate treasurers and CFOs are stepping into unfamiliar territory with their cash management operations. ” Challenge Turned Opportunity. “It’s not about incentives, it’s about necessity. ”

Treasury 64

Treasury Cash Management Data Analysis Banking 64

PYMNTS

SEPTEMBER 25, 2018

As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. Visibility into “cash in and cash out” of corporate coffers takes on a new urgency when funds flow across borders, time zones and currencies.

Treasury 55

Treasury Cash Management Securities Prioritization 55

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

JANUARY 15, 2021

Once considered the leaders of number-crunching and cash management, treasurers today have become enterprise leaders. Decoding QR Codes: Retailers Embrace Simple, Secure Touchless Payments Option. Debate Looms Over Crypto Privacy, Security And Regulation. Morgan Looks Toward Payments Modernization.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

JANUARY 27, 2020

According to the patent documentation, the tech will make it possible for a consumer to make a payment in any currency while allowing the receiver of the payment to choose what currency they would like to get it in. The network will automatically change the payment over to the desired final currency.

Currencies 52

Currencies Valuation Cash Management Securities 52

PYMNTS

MAY 12, 2020

The bank is providing cash-management services for the exchanges’ U.S. One selling point to get JPMorgan to tiptoe into banking services for crypto may be due to the fact that the exchanges are relatively heavily regulated, with security qualifications in place (or “SOC,” for short) that address security, processing and data privacy.

Cash Management 60

Cash Management Securities Currencies Banking 60

Spreadym

APRIL 27, 2023

Features of budgeting and forecasting software help users plan the future cash flow. Cash flow management: Software tools for cash management can help business manage the performance of cash flow by providing detailed cash flow statements and projections.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

JANUARY 2, 2020

Retail currency dealer Travelex was offline on Thursday (Jan. The new platform features an API-led platform to offer customers cash management, cross-border payments and retail currency conversion. 2) after being infiltrated by a software virus, the Financial Times (FT) reported.

Currencies 52

Currencies Cash Management B2B Retail 52

PYMNTS

MARCH 2, 2016

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments. Cost-Saving Opportunities .

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

Future CFO

DECEMBER 11, 2023

Beyond improving supplier relationships, and better control over working capital, other benefits include better security given the increased visibility of payment details, and improved ROI with the anticipated lowering of bank wire fees. Villanueva attributed this to the convenience, transparency, and security of the process.

Banking 75

Banking Finance Securities CFO 75

PYMNTS

MAY 22, 2019

Through the service, institutional and corporate clients will be able to make secure and fast transactions across borders. The offering has 24-hour advanced functionality that institutions can tap into to execute FX transactions, check balances, check cash positions, authorize payments and receive payments.

Cash Management 43

Cash Management Currencies Communication Startups 43

PYMNTS

APRIL 18, 2016

“We did our own study, and 78 percent of respondents around the question of knowing the true value of their payable or receivable at the time of making the payment — they didn’t know the true value if it was a foreign currency,” stated Agiasotis.

Foreign Exchange 40

Foreign Exchange Invoicing B2B Currencies 40

PYMNTS

JUNE 21, 2018

The stats indicate key areas in which professionals say they are increasing awareness and use of digital solutions to make accounts payable and accounts receivable processes faster, more streamlined and more secure. Nearly half of corporates said their security concerns are higher this year than they were in 2017.

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. A number of security and fraud risk elements are still hanging a dark cloud over the progress cryptocurrencies have made in recent years. Combating Bad Bitcoins.

Communication 42

Communication Cash Management Currencies Technology 42

PYMNTS

MARCH 5, 2018

Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles. It makes liquidity and cash management much easier,” he explained. In the U.S., In the U.S.,

B2B 42

B2B Cash Management Treasury Invoicing 42

PYMNTS

MAY 30, 2018

Jing’s only stipulation around these partnerships was that they must meet a level of innovation sufficient to deliver value to end users — providing secure, convenient and efficient financial services for business customers, and driving improvements for consumers in online and offline payment service environments. Ant’s Plans.

Banking 40

Banking Risk Management Startups Cash Management 40

PYMNTS

AUGUST 30, 2018

Hill Country, as of the middle of this month, stopped taking cash. Managing cash and handling cash is time-consuming and cumbersome. Cash was actually shaping up to be a security liability for Hill Country, which kept getting robbed.

Cash Management 40

Cash Management Securities Currencies Accounting 40

Future CFO

AUGUST 24, 2020

Liquidity and credit risk Cash has always been king and this saying was never so relevant as it is in the current situation. There is no business continuity without secured liquidity and cash flow. Application security remains at top of mind to combat increased risk of cybercrime from home.

SAP 40

SAP Treasury CFO Credit Risk 40

PYMNTS

AUGUST 18, 2017

The AP Hub’s multi-entity offering splits headquarters and individual sub-entities’ preferences, allowing for the team at HQ to control the finance side and sub-entities to determine brand preferences, including the types of currencies used and workflow capabilities.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

Future CFO

SEPTEMBER 23, 2019

In another trial in Singapore with Fast And Secure Transfers (FAST) that involved 17 banks across seven countries, the fastest payment was delivered in 13 seconds and payments between all continents settled within 25 seconds, the cooperative added. According to Ripple’s website, more than 200 financial institutions have joined the RippleNet.

Foreign Exchange 40

Foreign Exchange Banking Currencies Technology 40

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. It was created in 2017.

Startups 52

Startups Banking Finance Technology 52

Global Finance

JULY 26, 2024

Staying ahead of the cash management game is vital for treasurers facing multiple challenges, such as economic and political uncertainties, and our award winners are best positioned to do just that. Over the past seven years, ANZ has significantly invested in technology to offer unprecedented flexibility and transparency.

Cash Management 70

Cash Management Treasury Compliance Banking 70

PYMNTS

NOVEMBER 16, 2018

France’s iBanFirst secured $17 million for its corporate cross-border payments solution, sources reported this week, with Serena Capital and Breega Capital leading the way. 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

SEPTEMBER 24, 2019

Our competitors are not just other banks,” said Deutsche Bank global head of cash management Ole Matthiessen in an interview with The Financial Times. Their collaboration coincides with Form3’s announcement that the firm, in partnership with Ebury, have secured about $6.2 It’s also new players in the market.

Foreign Exchange 73

Foreign Exchange Banking Cash Management Currencies 73

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

Onplan

NOVEMBER 30, 2022

It also offers convenient multi-currency management. Additionally, Adaptive doesn’t always adequately handle multiple currencies and exchange rates, causing issues with balance sheets. Size constraints that can impact usability and even security. Customer success. Slow speeds during concurrent usage.

Financial Planning and Analysis (FP&A) 52

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

Foreign Exchange Banking Currencies Leverage 52