PYMNTS

DECEMBER 10, 2020

Enforcing AML/KYC Compliance At Cryptocurrency Exchanges. Department of the Treasury, announced in November 2019 that it would begin strictly enforcing the “travel rule” for cryptocurrency exchanges. The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S.

Compliance 88

Compliance Treasury Currencies Leverage 88

Bramasol

MAY 13, 2024

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. Inspections: It conducts regular inspections of registered public accounting firms to assess compliance with PCAOB standards and applicable laws and regulations.

Auditing 82

Auditing Compliance SAP Accounting Standards 82

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation. As with Scenario One, unified and consistent data will be key.

SAP 80

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 80

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

Strategic Treasurer

APRIL 3, 2023

Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey. This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise?

Treasury 52

Treasury Reconciliations Risk Management Education 52

Strategic Treasurer

MARCH 21, 2022

Treasury Fraud & Controls. With your help, we’ve consistently found that fraud is a top ranking concern for treasury. Has your security framework been strengthened? This annual survey seeks to evaluate the current and projected impact of fraud on the finance and treasury environment. Survey Results.

Treasury 52

Treasury Reconciliations Securities Risk Management 52

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

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

Simply Treasury

NOVEMBER 2, 2020

How to best choose your IT treasury solution in a complex and competitive environment? The strategic and key role of treasury teams has increased steadily over last decade. At treasury level, the central technology is the calculation and processing power of Treasury Management Systems (i.e. Tech dependency of Treasury.

Treasury 130

Treasury Technology Finance Securities 130

Future CFO

OCTOBER 30, 2023

As more high-value treasury operations require cross-functional collaboration, data integration between systems becomes essential. Treasury teams can redirect their time and expertise toward strategic tasks, unburdened by the tedium of manual data entry.

Treasury 52

Treasury Foreign Exchange Risk Management Compliance 52

CFO News Room

JANUARY 13, 2023

FINRA has released its enforcement priorities for 2023, including a continued focus on compliance with Regulation Best Interest as well as several new priority topics, such as manipulative trading, fixed-income pricing, and trading in fractional shares.

Treasury 130

Treasury Compliance Investments Accounting 130

PYMNTS

FEBRUARY 21, 2020

Mosier succeeds Jamal El-Hindi, who will serve as the interim chief data officer (CDO) for the Department of the Treasury. In that role, El-Hindi will apply his FinCEN experience to “help lead the vision, design and development of the Treasury’s agency-wide data and information management strategies,” per an announcement. “As

Treasury 100

Treasury Leadership Compliance Securities 100

Reval

MAY 17, 2017

Want to know what your peers are reading on treasury and risk management ? Discover the content your fellow treasury professionals felt were most helpful, and brush up on your skills for the quarter ahead. The post Top 4 Articles for Treasury and Risk Management appeared first on Reval. Read the Case Study. Read the Case Study.

Risk Management 52

Risk Management Treasury Manufacturing Compliance 52

Strategic Treasurer

FEBRUARY 9, 2022

2022 Treasury Fraud & Controls Survey Results. Description : The 2022 Treasury Fraud and Controls Survey recently closed, with respondents providing valuable data on multiple elements impacting fraud and security. Security practices employed (both human & technological). March 22 | 11:00 AM EDT. Register Now.

Treasury 52

Treasury Securities Risk Management Education 52

PYMNTS

DECEMBER 9, 2020

This includes building a governance framework to evolve technical, policy, compliance, security and operational standards for the issuing and use of fiat digital currencies and stablecoins.” .

Currencies 103

Currencies Treasury B2B Compliance 103

Strategic Treasurer

OCTOBER 14, 2022

Building a 360-Degree Treasury: Payments and Bank Information. Description : Every treasury group needs to know where its cash is, wherever in the world that may be. Poor payment workflows, security, compliance, and sanctions make it all the more difficult. November 3 | 11:00 AM EDT. Register Now. This is an online event.

Treasury 52

Treasury Banking Forecasting Cash Management 52

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

JUNE 24, 2020

Treasury Department and compliance chief at the Frankfurt Stock Exchange, is in talks with 15 banks led by Germany’s Commerzbank, Reuters reported. Last year, the Tokyo-based global conglomerate holding company paid 900 million euros ($1 billion) for a 6 percent stake in Wirecard. Wirecard’s stock continues to tumble.

Treasury 130

Treasury Compliance Banking Accounting 130

PYMNTS

DECEMBER 10, 2020

Commercial clients using SWIFT gpi for corporates can also get alerts about inbound and outbound payment status directly to their treasury management system. The tool is aimed at improving speed, security, transparency and compliance. . and Ireland at SWIFT. . earlier this month.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech. Billy Reveals Open Banking Plans.

Banking 69

Banking Treasury Compliance Risk Management 69

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. These transactions are not without security risks, they added, meaning banks must be on the lookout for fraudsters seeking to intercept B2B payments. API security. Benefits Of APIs .

Securities 60

Securities B2B Compliance Restructuring 60

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. By teaming up with Kantox, we can now complement our TaaS [Treasury-as-a-Service] offering with FX management and hedging ,” said BELLIN Founder and CEO Martin Bellin in a statement.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

JULY 7, 2020

The companies noted that Oxbury, which secured its full banking license in early-2020 with plans for a full launch later this year, will focus its services on the agricultural food chain with lending and payments services. Oxbury will gain access to ClearBank’s clearing and payments capabilities, enabling the bank to gain access to U.K.

Banking 96

Banking Accounts Payable Treasury Finance 96

Nerd's Eye View

AUGUST 4, 2023

Treasury securities), some observers suggest that the factors cited by Fitch for the downgrade (from the growing national debt to the recent debt ceiling standoff in Congress) do not necessarily portend a default, at least in the near term. government's creditworthiness from an AAA rating to AA+.

Treasury 98

Treasury Compliance Leverage Securities 98

Nerd's Eye View

JANUARY 13, 2023

FINRA has released its enforcement priorities for 2023, including a continued focus on compliance with Regulation Best Interest as well as several new priority topics, such as manipulative trading, fixed-income pricing, and trading in fractional shares.

Treasury 96

Treasury Compliance Investments Accounting 96

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. Earlier this year Kyriba also announced that it secured American Express Global Business Travel as a client and would provide payment processing services to facilitate transactions to GBT suppliers.

Treasury 40

Treasury Compliance B2B Leadership 40

PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting. Treasury Department announced Wednesday (Dec.

Investments 80

Investments Banking Treasury Compliance 80

CFO News Room

JANUARY 18, 2023

The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia. WSJ | Risk and Compliance Journal. Deputy Treasury Secretary. Concurrent with the U.S. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

The Finance Weekly

APRIL 25, 2022

In this environment, CFOs should be alert to strategies such as paying a premium to become a preferred customer and securing the supply of certain products with high margins (and thus relatively low production quantity). That puts the onus on the CFO to manage treasury risks and closely monitor the company’s international contracts.

Finance 107

Finance Forecasting Treasury Concentration 107

PYMNTS

DECEMBER 22, 2016

Researchers at cybersecurity analytics company RedSeal released a survey this month that explores why businesses aren’t adequately approaching their security strategies, and it comes in the context of new data from IBM Security that finds U.S. Meanwhile, 20 percent cited a lost device for the cause of a breach.

Compliance 68

Compliance Prioritization Securities Treasury 68

Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

Technology 87

Technology IFRS SAP Compliance 87

Strategic Treasurer

APRIL 5, 2022

Securing Payments: Adapting to Old Challenges and New Threats. Description : Payment professionals are often focused on two key goals: efficiency and security. These goals can seem to be in conflict, as the long-term focus on efficiency is confronted with new requirements for compliance, control, and external security.

Securities 52

Securities Compliance Education Accounting 52

CS Lucas

MARCH 30, 2021

CS Lucas has launched a new Treasury Management System designed to ensure the reliance upon spreadsheets in treasury is eliminated. CS Lucas Essentials is our new, cost effective treasury management solution that will provide treasurers with quick access to an industry proven and matured system. 2 accounting centres .

Treasury 52

Treasury Forecasting Cash Management Compliance 52

PYMNTS

DECEMBER 17, 2018

Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services (UBSFS) for willful violation of the Bank Secrecy Act, according to a treasury report. The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S.

Banking 55

Banking Treasury Securities Compliance 55

PYMNTS

MAY 10, 2018

Treasury Department, additional efforts must be spent identifying legal entity customers’ beneficial ownership stakes. For one thing, anonymity is stripped away from ownership structures, boosting security efforts and transparency within the financial realm. There are a lot of moving parts in collecting the new data.

Compliance 40

Compliance Treasury Communication Technology 40

Strategic Treasurer

OCTOBER 3, 2022

The 2022 Global Payments survey offers a comprehensive evaluation of treasury-related payments functions regarding bank connectivity (including financial messaging formats and channels), cross-border and FX activity, security and fraud prevention, and the use of new payment technologies. Payment Compliance & Security Environment.

Treasury 52

Treasury Compliance Securities Banking 52

PYMNTS

JULY 21, 2020

Speaking with PYMNTS, Fides Treasury Services Head Client Relations Simon Kaufmann explored how some of the biggest opportunities to modernize the treasury function are adding new pressures to finance teams as they navigate the pandemic. And their challenge is only going to grow. ” Challenge Turned Opportunity. . ”

Treasury 64

Treasury Cash Management Data Analysis Banking 64

Global Finance

OCTOBER 11, 2024

The transaction netted JPMorgan approximately $173 billion in loans, $92 billion in deposits, and $30 billion in securities. Scale and automation are critical elements for a sub-custodian to deliver efficiency and security in the settlement process. Outside that acquisition, the bank generated a net income of roughly $49.6

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111