PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The world is flattening for businesses of all sizes that now find it easier than ever to expand across borders.

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

PYMNTS

OCTOBER 16, 2020

This enables a money transfer provider to accept funds from consumers in one country via its local operation and then direct the accounts it holds in the recipients’ countries to pay out the amounts due after adjusting for foreign exchange rates. The money never actually crosses borders,” Lembo explained.

Foreign Exchange 85

Foreign Exchange Compliance Currencies Banking 85

CFO Talks

AUGUST 29, 2024

Make sure it aligns with your business goals and review it regularly to keep up with market changes. For example, a mining company needs to ensure its financial operations comply with foreign exchange regulations to avoid penalties. Regularly audit your treasury operations to ensure you’re in compliance.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Artificial intelligence ensures regulatory compliance and fraud protection.

Foreign Exchange 78

Foreign Exchange Treasury B2B Compliance 78

Global Finance

JUNE 6, 2024

Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. Not only can market risk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.

Construction 109

Construction Compliance Cash Management Treasury 109

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. During periods of market volatility, SMIF bonds exhibit two distinct strengths that make them a preferred choice for funding. trillion South Korean won [about $36.7

Cash Management 93

Cash Management Treasury Compliance Banking 93

PYMNTS

JANUARY 30, 2019

Then the first money laundering directives came out, which started to mandate more and more in the realm of customer due diligence, so the company added a compliance check. The percentage may vary in different markets.). In that case, the company checks two different sources in a given country with two different rule sets.

Foreign Exchange 74

Foreign Exchange Compliance Startups Currencies 74

PYMNTS

OCTOBER 6, 2017

These companies need to procure a reliable payroll partner across borders to pay their expanding workforce in other markets, she continued. Larger enterprises, she explained, are able to deploy the resources and time necessary to work with large payroll vendors in various markets.

Marketing 55

Marketing Treasury Foreign Exchange Currencies 55

PYMNTS

NOVEMBER 21, 2016

Some markets demonstrate certain preferences in how workers receive payment for their work. Monty explained that not all banks are able to offer foreign exchange services in Brazil — they may need to get a foreign exchange license and must also be able to provide the subtleties of service that are demanded in that country.

Foreign Exchange 74

Foreign Exchange Currencies Banking Compliance 74

PYMNTS

MARCH 17, 2020

Caldeira pointed to IndiaStack, a collective of APIs — spanning consumer consent and account interfaces — that lets governments, businesses and startups bring innovations to market. With open APIs you can pretty much build an entire ecosystem for payments providers,” he said.

Foreign Exchange 91

Foreign Exchange Securities Compliance Startups 91

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013.

Profit and Loss 51

Profit and Loss Foreign Exchange Compliance Auditing 51

PYMNTS

APRIL 22, 2016

The corporate treasurer at the multinational corporation is facing a particularly fierce global market today. But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. The FX Market Has Changed. All of that impacts the FX market.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

MAY 13, 2020

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. to multiple vendors in China to facilitate PPE procurement.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

Future CFO

OCTOBER 30, 2023

Treasury activities, which cover money market operations, foreign exchange transactions, securities trading, and derivatives, generate a significant volume of data that are needed to be meticulously monitored and properly reported.

Treasury 52

Treasury Foreign Exchange Risk Management Compliance 52

PYMNTS

MAY 12, 2017

The global peer-to-peer (P2P) transfer and remittance market has grown to well over $1 trillion, thanks to the glut of P2P money transfer apps making domestic and cross-border payments easier and faster than ever. And, to top that off, dealing with foreign exchange can add further complexity to a business’s workflow, Laven explained.

B2B 43

B2B Foreign Exchange Compliance Currencies 43

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. It was an SMB InsurTech startup, however, that led this week’s roundup, and brought the market its newest unicorn. The company also plans to invest in marketing, its team and technology upgrades.

Foreign Exchange 67

Foreign Exchange Startups B2B Investments 67

PYMNTS

SEPTEMBER 18, 2018

Seabury Capital trade finance unit Seabury TFX will be working with Thomson Reuters to enter the Asia market. The tool will integrate Thomson Reuters’ World-Check and FXall solutions to provide Know Your Customer compliance and foreign exchange management features.

Finance 48

Finance SAP Foreign Exchange Compliance 48

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. A Growing Crackdown .

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

JANUARY 14, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. This deal allows Emergent to extend operations of its digital payments operation, Emergent Payments, into 70 emerging markets.

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

PYMNTS

JUNE 15, 2017

One of the most notable impediments, as the head of the SBA recently pointed out , is that about one-third of SMEs find trade finance difficult to obtain for foreign sales. The Western Union API sits on top of a global network of bank accounts, which are monitored by a compliance engine.

B2B 70

B2B Foreign Exchange Compliance Leverage 70

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. Together, the firms will target middle-market businesses looking to grow internationally.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

DECEMBER 4, 2017

Through their collaboration, RailsBank customers will also gain access to Airwallex’s cross-border payments and foreign exchange (FX) services. -based RailsBank, an open banking platform that facilitates connectivity into the U.K. and the EU’s SEPA zones. Mastercard and Sequoia Capital also participated, the firm said in May.

Foreign Exchange 49

Foreign Exchange Startups Compliance Banking 49

PYMNTS

APRIL 3, 2019

Senders have 12 hours to settle their accounts at a Dollar General store, he said, adding that 99 percent of consumers do so within that time limit, which is governed by compliance issues. It automatically processes “foreign exchange, settlement and money movement requirements for international eCommerce transactions,” the company said.

Foreign Exchange 61

Foreign Exchange Compliance Retail Currencies 61

PYMNTS

FEBRUARY 25, 2020

Standardizing these integrations means boosted visibility, the company said, while reducing costs, improving compliance and addressing the growing threat of fraud. In a statement, SWIFT Head of Payments Market Infrastructures Carlo Palmers said that SWIFT pointed to the opportunity to mix payment rails to improve payment performance.

Foreign Exchange 56

Foreign Exchange B2B Accounting Compliance 56

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. According to J.P.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. Just Cashflow Taps Ebury for FX. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

FEBRUARY 5, 2020

The partnership model means that firms seeking to streamline cash flow functions do not have to link up with in-country banks and puts into place a building block to growth — namely, moving money in other countries across currencies and foreign exchange rates. Typically, McGuire stated, a firm operating only in the U.S.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

Future CFO

DECEMBER 3, 2020

While Lloyds Banking Group is the first to go live with the service and the UK is the first market where it is available, SWIFT said it expects adoption to continue globally as demand for an instant cross-border experience rises.

Foreign Exchange 40

Foreign Exchange Compliance Securities Banking 40

PYMNTS

MARCH 1, 2017

A big part of being successful in multicurrency payment processing is building a solid compliance regimen, which adds on another layer of complexity for a highly regulated banking industry with ever-changing regulations. We talk a great game, but the FinTech market share in many of these areas is really small.

B2B 58

B2B Foreign Exchange Compliance Banking 58

PYMNTS

JANUARY 29, 2018

Along the way, there are foreign exchange fees, documents to manage and sundry regulations to navigate. We are seeing emerging requests,” said Sawrup, for such ledger-focused initiatives, adding that the company is working to bring that to market. In short, there are a lot of speed bumps in place.

Foreign Exchange 53

Foreign Exchange Problem Solving Currencies Compliance 53

PYMNTS

JUNE 23, 2016

On average, approximately 20 percent of a FinTech’s operational costs are dedicated to the governance and compliance area. That’s a number Trulioo President Jon Jones said is only expected to grow as the the speed of regulatory changes taking place in the market shows no signs of slowing down.

Foreign Exchange 50

Foreign Exchange Leverage Compliance Securities 50

PYMNTS

JANUARY 2, 2017

strongly preferred digital channels for payment approvals, account information and foreign exchange transactions. An equally important aspect of providing a good international payment experience is extending competitive foreign exchange rates, which go hand in hand with faster payments.

Foreign Exchange 42

Foreign Exchange B2B Compliance Accounting 42

Bramasol

DECEMBER 20, 2022

in the eurozone, the tight job market is also driving up wage levels. Also, because the severity of inflation varies from region to region, global companies need to navigate the impacts of foreign exchange (FX) fluctuations on their cash flows and bottom line. While unemployment rates remain stable at around 3.5%

SAP 69

SAP Foreign Exchange Economics Budgeting 69

PYMNTS

FEBRUARY 26, 2016

Devanath said SMERGERS has collected data on businesses across industries and geographical markets to help guide the valuation process. “An An issue we have observed in the market is that many deals fall through because of valuation mismatch between the buyer and seller,” the CEO explained. Global Expansion.

Foreign Exchange 52

Foreign Exchange Valuation Currencies Sales 52

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Future CFO

JANUARY 12, 2021

All in all, the ability to quickly analyse and respond to sudden changes in the market and company resources has become even more vital to the finance function. The aim is to ensure real-time visibility of cash flow and help you make the right decisions at the right time to maintain liquidity and compliance.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40