PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. This partnership ensures that the SOV will be built on a scalable and secure platform.”. The supply of SOV will be set to increase at 4 percent yearly to stop inflation from occurring.

Currencies 67

Currencies Planning Compliance Securities 67

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). The bill originally set out to distinguish digital assets from securities.

Currencies 134

Currencies Compliance Securities Planning 134

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. If it’s cheaper, faster, more secure for the users, then we should explore it.

Currencies 121

Currencies Banking Securities Retail 121

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

Treasury 75

Treasury Securities Currencies Financial Systems 75

PYMNTS

OCTOBER 18, 2018

” Only a few months later, the Swiss Bankers Association (SBA) also announced plans to ease regulatory red tape on the nation’s crypto and blockchain businesses, to address what it described as an “exodus” of blockchain projects, shifting their home bases from Switzerland to other markets.

Banking 85

Banking Planning Currencies Startups 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. They are all going to run up against these same types of technological limits,” said Richard Ma, CEO of Quantstamp , a provider of security audits for newer cryptocurrencies.

Currencies 85

Currencies Auditing Securities Technology 85

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

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

Strategic Treasurer

OCTOBER 14, 2022

Global Payments Survey Shows Fraud Concern and Security Investment Plans. Results show the top challenges and areas of planned investment among companies of all sizes, with fraud and security as consistent themes. The second highest challenge for all firms overall was security fraud management at 49%.

Securities 52

Securities Investments Planning Treasury 52

PYMNTS

OCTOBER 3, 2019

While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line. He admitted that when it comes to the future of the Fed, digital currency will most likely play a part. “I

Currencies 55

Currencies Banking Securities Planning 55

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

MAY 13, 2020

The Bank of Mauritius is progressing toward providing a central bank digital currency (CBDC) per its governor, CoinDesk reported. Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position.

Currencies 61

Currencies Banking Forecasting Financial Systems 61

Global Finance

MARCH 6, 2025

Rail Baltica secured an additional 1.4 The plan is to raise the defense budget to at least 4% of GDP in 2026. In January, the government introduced a temporary solidarity contribution (TSC) on credit institutions to help cover national security costs. million Official languages: Latvian (56.3%), Russian (33.8%), other 0.6%

Transportation 82

Transportation Economics Budgeting Investments 82

PYMNTS

OCTOBER 29, 2020

The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. Currencies move across borders, and so we certainly wouldn’t want to be surprised by some other country,” he said in the report. “It

Currencies 63

Currencies Banking Planning Investments 63

Future CFO

DECEMBER 5, 2024

As the payments landscape in the Philippines undergoes significant evolution, the country is set to see a more seamless, secure, and interconnected setting in 2025, according to Visa. In 2025, solutions like Visa Direct will lead the charge by providing interoperable real-time payment (RTP) networks capable of processing multiple currencies.

B2B 52

B2B Entertainment Securities Technology 52

PYMNTS

NOVEMBER 13, 2020

Peter Brandt said on Twitter that the Securities and Exchange Commission would have declared XRP a security if it “understood cryptos,” per Cointelegraph. Earlier last month, Ripple announced plans to introduce a loan product that would enable its users to tap XRP digital currency for cross-border payments.

Startups 102

Startups Currencies B2B Securities 102

Future CFO

FEBRUARY 19, 2025

He says cross-border virtual CFOs can be of aid to businesses in navigating regulatory environments, tax structures, currency fluctuations, and financial reporting requirements. The post The benefits of cross-border virtual CFO services appeared first on FutureCFO.

CFO 52

CFO Compliance Leadership Currencies 52

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

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

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 Cash Management Forecasting 111

PYMNTS

SEPTEMBER 16, 2020

Ni Shiyuan, a police officer in the Public Security Bureau, told the news service the government should urge these platforms, especially new social eCommerce platforms, to strengthen internal controls.

eCommerce 124

eCommerce Currencies Banking Securities 124

PYMNTS

OCTOBER 5, 2020

“We’ve seen the acceleration [away from manual, paper-based back-office functions] due to employees working from home” and issues tied to security and battling potential fraud, Joiner said. We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner.

B2B 130

B2B Healthcare Reconciliations Accounts Payable 130

PYMNTS

OCTOBER 23, 2020

Mike Belshe , BitGo's chief executive officer, founded the company in 2013 to offer highly secure digital wallets for crypto, which need multiple signatures for transactions. BitGo raised $58.5 million in 2018 and was valued at $170 million, according to PitchBook.

Currencies 107

Currencies Securities Banking Planning 107

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

PYMNTS

FEBRUARY 6, 2020

Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. The proposal is meant to create a legal framework for that process, and to allow the tokens to be sold under current securities laws.

Securities 72

Securities Sales Startups Planning 72

Global Finance

APRIL 7, 2025

So too are a flat corporate and income tax rate of just 10% and a local currencythe levtied by a currency board to the euro. Security risk: Bulgaria enjoys generally good relations with its neighbors and is a member of NATO and the EU. This tie to the euro has helped keep inflation low and links Bulgaria to the eurozone.

Education 52

Education Construction Economics Currencies 52

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. Emerging payment rails and digital currencies often tout security as a key value-added differentiator over legacy payment rails. In the U.S.,

Cash Management 106

Cash Management Currencies Banking B2B 106

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. SPDIs may focus on traditional assets as well.” Brooks said.

Planning 61

Planning Currencies Leverage Banking 61

Global Finance

FEBRUARY 5, 2025

Indonesias previous regime also initiated an ambitious and costly plan to move the capital from Jakarta to a new site on Borneo. million Official language: Bahasa Indonesia Others: more than 700 languages including English, Dutch, local dialects (of which Javanese is most widely spoken).

Economics 108

Economics Prioritization Investments Manufacturing 108

PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. Yao was the head of China’s central bank digital currency initiative. .

Currencies 52

Currencies Securities Banking Planning 52

PYMNTS

JUNE 18, 2019

The endless speculation over Facebook ’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. And given the nature of the open source licensing protocol, potential forking by others to support global use cases that also use the Libra currency.

Currencies 98

Currencies Accounting Banking Securities 98

PYMNTS

JANUARY 4, 2019

That caution extends to all manner of considerations in the realm, including the issuance of a state-backed cryptocurrency, and even the regulation of the digital currencies. And, as newbtc.com reported , there no longer are plans for the Reserve Bank of India to launch a national digital currency.

Planning 55

Planning Currencies Securities Banking 55

PYMNTS

SEPTEMBER 24, 2019

Securities and Exchange Commission declined to tell a congressional panel if the digital currency would be regulated as a security. And, even though Chairman Jay Clayton hasn’t talked about the cryptocurrency plan with the company, he does have an “open door” policy, Reuters reported.

Securities 46

Securities Currencies Finance Planning 46

Future CFO

MARCH 5, 2025

When 2024 ended, its trends and themes for the Finance function certainly did not ceaseas digital transformation , ESG, and cyber security costs continue to dominate the stage for chief financial officers to watch. As for their methods, Law explains that effective upskilling goes far beyond the traditional classroom setting.

Finance 91

Finance Problem Solving Technology Communication 91

PYMNTS

JUNE 30, 2019

June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. No doubt by now most payments watchers are familiar with Libra , the Facebook plan to bring a new global cryptocurrency to market that seemingly seeks to do nothing less than upend global banking.

B2B 109

B2B Currencies Foreign Exchange Transportation 109

PYMNTS

JULY 3, 2019

The Democrats of the House Financial Services Committee have officially written the leadership of Facebook to ask them to stop the Libra cryptocurrency plan and its associated Calibra wallet plans, citing risks to security, financial stability and risks to the control the government of the United States has over monetary policy.

Planning 53

Planning Currencies Leadership Financial Systems 53