PYMNTS

DECEMBER 26, 2019

The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. Called Project Sand Dollar, the name of the currency will also be the sand dollar, according to a press release. The intent is to start a fully-fledged central bank digital currency (CBDC). 27) in Exuma.

Currencies 83

Currencies Banking Retail Accounting 83

PYMNTS

OCTOBER 7, 2020

The Bank of Korea has said it plans to begin testing distribution of its digital currency next year, according to a report by The Korea Herald. The project isn't an indication that the Bank of Korea is officially launching a digital currency — just that it is testing how that would work.

Currencies 83

Currencies Banking Finance Technology 83

Global Finance

DECEMBER 26, 2024

Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks. A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

Fpanda Club

JANUARY 23, 2025

Detailed workforce planning and head count analysis Hiring, onboarding, and managing personnel are typically the responsibility of human resources departments, rather than FP&A. Moreover, FP&As scenario planning capabilities can enable organizations to evaluate best- and worst-case outcomes before committing to a transaction.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Mergers and Acquisitions (M&A) Prioritization Forecasting 130

Global Finance

DECEMBER 26, 2024

With FX risk management, adaptability is critical because every company has its own risk profile shaped by its market, currencies, and business model. Identifying exposures accurately is the foundation: knowing exactly where currency risks arise in revenues, costs, or balance sheet items is crucial to ensuring they can be managed effectively.

Treasury 59

Treasury Risk Management Currencies SAP 59

PYMNTS

DECEMBER 27, 2020

The rise of the currency's value has been surging just over the past holiday weekend, breaking $25,000 on Friday (Dec. After the closure of the exchange, the Binance KR team plans to look over its strategy. While there are no immediate plans, the Bank of Japan (BOJ) will launch a feasibility study on the idea next spring.

Currencies 101

Currencies Planning Banking Securities 101

PYMNTS

OCTOBER 1, 2020

It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. Noting that travel itself has long been the most popular form of redemption, and with travel down precipitously for now, cardholders wanted to know the new plan. “A McCarthy said. “So,

Currencies 93

Currencies eCommerce Planning Banking 93

PYMNTS

JULY 6, 2020

“In today’s challenging economic environment, I am pleased to continue our expansion into a prime market that aligns with our strategic growth plans,” Dowd said in a press release. or in other countries. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

JANUARY 6, 2021

As debate swirls, in the financial services arena at large, over digital currencies, Diaz remarked that “the fact is that central banks have been issuing digital currency since there have been computers.”.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

Banking 98

Banking Planning Currencies Technology 98

PYMNTS

MARCH 22, 2020

In the midst of the coronavirus pandemic, the Federal Reserve has plans to print new money that will not have come into contact with the virus, although this may not happen immediately, according to a report by CoinDesk. The Fed also has a contingency stock of new currency, which it always keeps on hand.

Planning 100

Planning Currencies Banking 100

CFO News

APRIL 23, 2023

Adani Group is planning to use internal accruals to buy back foreign currency bonds, starting with a $650m tranche at Adani Ports and Special Economic Zone. The conglomerate is also evaluating bond buyback opportunities at other entities and is due to finalise a capital allocation plan.

Currencies 52

Currencies Planning Economics 52

CFO Talks

FEBRUARY 18, 2025

Without proper planning, companies may struggle to pay bills, manage debts, or take advantage of new opportunities. Protects the business from risks like currency fluctuations and interest rate hikes. Understanding Market Volatility Market volatility refers to the way stock prices, currencies, and interest rates change over time.

Treasury 52

Treasury Profit and Loss Currencies Risk Management 52

PYMNTS

JUNE 17, 2019

Ripple is the company behind the XRP digital currency, The Wall Street Journal reported. As a result, the company had to purchase currencies ahead of time regularly. By changing to the XRP digital currency, however, it forecasts lower operating costs along with the value of working capital it needs. per share.

Investments 84

Investments Foreign Exchange Planning Currencies 84

Global Finance

OCTOBER 28, 2024

A leading foreign company operating in Togo is Heidelberg Material, which is planning new investments in environmental and industrial sectors and funding sustainable solutions in cement production using alternative materials. Together, these issues could pose significant threats to economic growth and social progress, analysts warn.

Economics 98

Economics Manufacturing Investments Currencies 98

PYMNTS

SEPTEMBER 23, 2020

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints. A letter by the OCC published on Monday (Sept.

Banking 85

Banking Planning Currencies Reconciliations 85

Centage

AUGUST 29, 2022

Along with being agile and able to pivot on a dime, these businesses have the ability to make decisions and act on them with confidence, and that means mastering the art of scenario planning. Read on to learn about the importance of evaluating business assumptions and discover the top variables affecting scenario planning.

Planning 98

Planning Forecasting Profit and Loss Budgeting 98

PYMNTS

MARCH 1, 2019

The biggest messaging apps in South Korea and Japan, Kakao and Line, are planning to get in on the action with their own coins as well. Telegram, which has an estimated 300 million users worldwide, is also working on a digital coin, as is Signal, an encrypted messaging service popular with technologists and privacy advocates.

Currencies 85

Currencies Auditing Securities Technology 85

PYMNTS

NOVEMBER 12, 2020

Christine Lagarde , European Central Bank (ECB) president, said the ECB could make its own digital currency within a few years, which could change up the eurozone financial sector drastically, Bloomberg reported. China, meanwhile, is also advancing plans for a central bank digital currency (CBDC), Bloomberg reported.

Currencies 121

Currencies Banking Securities Retail 121

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

PYMNTS

NOVEMBER 24, 2020

At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. Square and PayPal have reportedly been a major instigator in the price rally, buying large quantities of the digital currency. Bitcoin continued its price climb today (Nov.

Currencies 135

Currencies Investments Planning Marketing 135

Future CFO

JUNE 20, 2023

The IMF announced recently a plan to launch a global digital currency platform for central banks. The platform for central bank digital currencies (CBDCs) will enable transactions between countries, said IMF Managing Director Kristalina Georgieva. amounting to $44 billion annually.

Currencies 52

Currencies Banking Investments Planning 52

CFO Talks

NOVEMBER 6, 2024

In markets businesses face a mix of global influences, currency shifts, and regional economic trends that can impact everything from cash flow to expansion plans. Watching these signals lets you spot trends early and plan proactive responses. For instance, how would a 15% rise in raw material costs affect cash flow?

Finance 52

Finance Marketing Auditing Budgeting 52

CFO News Room

FEBRUARY 5, 2022

The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. Digital currency will also lead to a more efficient and cheaper currency management system.

Budgeting 130

Budgeting Currencies Finance Banking 130

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

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

FEBRUARY 6, 2020

Central bank leaders from six countries and the Bank for International Settlements (BIS) have planned an April meeting to discuss digital currencies and the parameters involved for launching their own, the Nikkei Asian Review reported on Thursday (Feb. In January, the central banks of the U.K., In January, the central banks of the U.K.,

Currencies 100

Currencies Banking Economics Planning 100

PYMNTS

NOVEMBER 11, 2020

The border-free network of bitcoin allows for money to be easily moved in any amount internationally, according to the outlet, which noted that the rise in bitcoin ATMs shows that the digital currency is becoming more and more popular as a method of payment.

Currencies 128

Currencies Planning Technology 128

PYMNTS

MARCH 15, 2020

His whitepaper indicates that Akoins will work as “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network. The Akoin Utility Token is the exclusive currency of the Akoin ecosystem. We have so many currencies in Africa — a lot of them are unstable, and most of them are untrusted.

Planning 73

Planning Currencies Economics Technology 73

PYMNTS

FEBRUARY 20, 2020

The plan was always to incorporate cryptocurrency as a form of payment for flights. Mark Murphy, chief operating officer of Digital Currency Group, as well as an investor in Decentraland and Mana, said it was “inevitable” that people would spend a large chunk of time in a virtual world.

Currencies 73

Currencies Startups Investments Planning 73

Bramasol

NOVEMBER 11, 2024

As summed up by SAP's Patrick Maroney, a principal in SAP's High Tech Industry Executive Advisory , "Embodying industry best practices designed to solve specific business challenges, ERPs running in secure public-cloud environments bring enterprise resource planning to small and midsize high-tech companies.

SAP 93

SAP Compliance Leverage Invoicing 93

PYMNTS

OCTOBER 12, 2020

million) worth of digital currency to 50,000 people chosen by lottery in the country’s first trial run of a cashless payments system, according to numerous reports on Monday (Oct. It is considered to be a digital version of the nation’s currency. In August, PBOC first announced it would begin testing the digital currency.

Currencies 96

Currencies Banking Planning 96

PYMNTS

JANUARY 26, 2020

25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported. Villeroy said the plans were not because of Facebook’s Libra, but because of the speed of technology and the desire for digital currency by some banks.

Banking 100

Banking Currencies Economics Planning 100

Simply Treasury

JUNE 3, 2021

The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging. Delay in FX hedging, accounting treatment.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

Global Finance

OCTOBER 21, 2024

It offers predictable returns, stable cash flow, interest rate protection and long-term liquidity planning. BofA launched Guaranteed FX Rates beyond a 24-hour period eight years ago, supporting over 200 currency pairs. The one-year tenor is available in 37 currency pairs.

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Forecasting Cash Management 111

PYMNTS

NOVEMBER 29, 2020

Facebook 's digital currency, Libra , could launch by January, but in a "limited format," according to officials, as reported by Financial Times (FT). Libra, which has been in the works for over a year, initially planned to roll out one synthetic coin backed by a multitude of currencies.

Currencies 84

Currencies Planning Marketing 84

PYMNTS

JANUARY 24, 2020

The move comes after a Bank of Japan decision to join with six other central banks to share knowledge on issuing digital currencies at a later time. The group – which is headed up by Akira Amari, the former economy minister – plans to present its proposal to the government as soon as February.

Currencies 100

Currencies Banking Securities Planning 100