Global Finance

MARCH 2, 2025

If we think about it, a managerif facing pressure to beat an analyst forecast, or beat last years earnings, or wanting a particular bonushas enough flexibility in the accounting rules to manage those numbers while staying within the rules. You manage your numbers. So, how are we going to track the slippery slope? Horton: Heres one.

Forecasting 111

Forecasting Auditing Accounting Profit and Loss 111

PYMNTS

JUNE 17, 2020

A growing number of nations are looking to develop digital versions of their currencies, and now there might be regional initiatives taking shape to target the U.S. The publication said China would back the new digital currency with a basket consisting of the Chinese yuan, Japanese yen, Hong Kong dollar and the South Korean won.

Currencies 89

Currencies Banking Accounting Numbers 89

PYMNTS

AUGUST 21, 2020

CurrencyWave , a Leeds-based cross-border payments firm, has launched a new multi-currency account to help remove borders from paying in foreign currencies for smaller firms, a report from Business Up North states. For example, if a U.S. In addition, the funds would also be able to get to the recipient much more quickly.

Currencies 83

Currencies Accounting Banking Numbers 83

Future CFO

NOVEMBER 19, 2024

While the number of IPOs remains healthy, Deloitte says the total capital raised has been the lowest in nine years, with a decline from the US$5.8 It leads the region in all three key metrics: number of IPOs, total amount IPO funds raised, and IPO market capitalisation. For the first 10.5 billion raised across 163 IPOs in 2023.

Marketing 98

Marketing Healthcare Currencies Numbers 98

PYMNTS

OCTOBER 10, 2018

Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. Yet “in the case of an entity that wants to use multiple types of blockchains, such as a different blockchain for several different currencies,” multiple blockchain platforms might need to be utilized.

Currencies 79

Currencies Numbers Technology 79

PYMNTS

SEPTEMBER 28, 2018

To allow ATM operators and acquirers to use Dynamic Currency Conversion (DCC) around the world, Visa is growing its Visa/Plus ATM services and updating its rules. That number was a slight deceleration from 11 percent in previous quarters, owing to the strength of the dollar.

Currencies 74

Currencies CFO Numbers Accounting 74

PYMNTS

FEBRUARY 18, 2020

IKEA Dubai is launching a campaign that will let shoppers use their time as currency by showing their Google Maps timeline to checkout workers to show how long it took them to travel to IKEA stores, Forbes reported. The “time currency” prices are reportedly based on the average salary in Dubai.

Currencies 79

Currencies Forecasting eCommerce Retail 79

PYMNTS

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

APRIL 13, 2020

Traffic on Russia’s digital currency exchanges jumped more than 5.5 Qrator Labs, for its part, connected the rising figures with heightened interest in the currency markets. The organization also noted large growth in denial-of-service attacks (DDoS) events on digital currency exchanges.

Currencies 77

Currencies Foreign Exchange Healthcare Compliance 77

PYMNTS

JANUARY 25, 2021

The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. 25), said the bank is “exploring the possibility as to whether there is a need for a digital version of fiat currency,” the report stated, adding that it would put one into use if necessary.

Banking 127

Banking Currencies Numbers Technology 127

PYMNTS

MARCH 1, 2019

However, all the messaging companies will likely face the same regulatory and technology issues that bitcoin has faced due to a lack of central authority over cryptos, as well as the designs of the computer networks that make it difficult to complete a significant number of transactions.

Currencies 85

Currencies Auditing Securities Technology 85

Future CFO

DECEMBER 4, 2024

Beyond technical expertise In terms of taking on essential skills beyond just technical expertise, Wong says becoming a standout finance leader definitely takes more than just mastering the numbers. Advice For younger, aspiring finance professionals, Wong advises: Always look beyond the numbers.

Finance 98

Finance Leadership Problem Solving Benchmarking 98

PYMNTS

SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. Acting Comptroller of the Currency Brian P. 21) press release.

Currencies 68

Currencies Banking Education Accounting 68

Musings on Markets

FEBRUARY 8, 2025

In the first five posts, I have looked at the macro numbers that drive global markets, from interest rates to risk premiums, but it is not my preferred habitat. The second set of inputs are prices of risk, in both the equity and debt markets, with the former measured by equity risk premiums , and the latter by default spreads.

Hurdle Rate 72

Hurdle Rate Valuation Corporate Finance Currencies 72

PYMNTS

SEPTEMBER 9, 2020

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. DCG, for its part, has invested in over 160 blockchain companies throughout the globe and is the parent firm of a number of wholly-owned subsidiaries.

Currencies 60

Currencies Economics Numbers Investments 60

CFO News Room

JANUARY 21, 2023

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage.

Treasury 130

Treasury Currencies Numbers Marketing 130

Barry Ritholtz

MARCH 10, 2025

Can you elaborate on how people misunderstand the very purpose of currency? Enormous round stones are their currency. Q :“ From commodity money like gold to fiat currency to digital transactions – how has the evolution of money’s form changed or reinforced our fundamental misconceptions about what it is?

Currencies 75

Currencies Investments Entertainment Budgeting 75

PYMNTS

AUGUST 16, 2020

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ).

Currencies 134

Currencies Compliance Securities Planning 134

CFO Talks

FEBRUARY 25, 2025

If an investor in Japan wants to invest in a UK-based firm, IFRS compliance reassures them that they can trust the numbers in the financial statements. IAS 21 Foreign Currency Adjustments Exchange rate fluctuations can have a significant impact on financial results.

IFRS 52

IFRS Financial Reporting Compliance Accounting Standards 52

PYMNTS

OCTOBER 7, 2020

SWIFT’s [Society for Worldwide Interbank Financial Telecommunication] new service offers the possibility of borderless low-cost account-to-account currency transfers from the bank’s own app or portal, and Oracle Banking Payments’ readiness makes this transition easy and fast for SMEs.”. The subsidiary of Oracle Corp.

Currencies 145

Currencies Banking Accounting Securities 145

PYMNTS

JANUARY 10, 2020

China’s central bank, the People’s Bank of China (PBOC), said it has completed the “top-level” design of its proposed digital currency, according to reports. Mu Changchun, the head of the digital currency research institute at the PBOC, said the focus will be on “stability, security and control.”

Banking 102

Banking Currencies Construction Securities 102

PYMNTS

JANUARY 18, 2021

dollar will remain strong on the international stage and won’t be surpassed by bitcoin anytime soon, although it could be a veritable reserve currency, CoinDesk reported. dollar as the world’s major reserve currency,” Harper said in an interview with Cambridge House’s Jay Martin, according to CoinDesk. Unless the U.S.

Currencies 63

Currencies Accounting Banking Numbers 63

PYMNTS

JANUARY 25, 2021

Russia’s Ministry of Labor has banned federal and local governmental officials — and their spouses and underage children — from holding digital currencies, CoinDesk reported. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Currencies 104

Currencies Banking Economics Numbers 104

PYMNTS

AUGUST 5, 2020

To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer.

Currencies 135

Currencies Advertising Numbers Accounting 135

https://trustedcfosolutions.com/feed/

JULY 8, 2022

Many businesses are quick to learn that as your company grows and you develop more demanding and varied business requirements like multi-currency and multiple entity businesses, QuickBooks is limited and no longer meets your business needs. Multi-Currency. Suppose your business can identify with the following situations listed below.

Currencies 109

Currencies Compliance Financial Analysis Construction 109

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Foreign Exchange 84

Foreign Exchange Currencies Securities Numbers 84

Future CFO

MARCH 5, 2025

Winnie Law , CFO, Technology & Operations (T&O), Global Functionsand Fit for Growth, Standard Chartered , believes the war on talent continues to be a challenge as the role of Finance pivots from being mere number crunchers and financial journalists to strategy influencers.

Finance 91

Finance Problem Solving Communication Technology 91

PYMNTS

AUGUST 30, 2020

Users could search “digital currency” and find the app — and furthermore, they could activate it by entering the mobile phone number associated with their CCB account. But the brief trial run, however accidental, showed proof that the CCB has been working toward the much-publicized digital currency at the state level.

Banking 95

Banking Construction Currencies Retail 95

Musings on Markets

JANUARY 27, 2022

Inflation numbers have been coming in high now, for more than a year, but for much of the early part of 2021, bankers, investors and politicians seemed to be either in denial or casually dismissive of its potential for damage.

Treasury 99

Treasury Currencies Numbers Investments 99

Future CFO

APRIL 10, 2022

Digital money will be the future, said PwC recently when releasing its 2022 PwC Central Bank Digital Currency (CBDC) Global Index. It’s estimated that more than 80% of central banks are considering launching a central bank digital currency,” the company noted in a statement.

Foreign Exchange 98

Foreign Exchange Currencies Retail Banking 98

PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. .

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

NOVEMBER 19, 2020

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. The future of digital currencies, Haldane said, is uncertain and most likely varied. “If So far, that has not been the case.”.

Currencies 89

Currencies Economics Banking Securities 89

PYMNTS

JANUARY 21, 2021

Shenzhen will be continuing China’s digital yuan pilot program by issuing the digital currency to citizens, according to a report from XinhuaNet. million) sent out in red envelopes for citizens to use to make purchases — and to promote the new form of currency, the report stated. There will be 20 million digital yuan (about $3.1

Currencies 81

Currencies Planning Banking Retail 81

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. Mastercard Leads Central Bank Digital Currency Test. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

NOVEMBER 7, 2018

The company said in a statement, “Accessible to anyone with a Blockchain Wallet, the first batch of recipients will receive their lumens, Stellar’s native digital currency, this week — for free.” 6 biggest digital currency. Stellar has an approximate $5 billion market cap and No. The watch has a power reserve of 10 days.

Banking 77

Banking Currencies Credit Risk Numbers 77

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). To get there — to spur increased user adoption — he said that the SPEI user experience has had to improve.

Banking 145

Banking Planning Accounting Currencies 145