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

CFO News Room

FEBRUARY 5, 2022

Finance minister Nirmala Sitharaman said in the Budget speech that the introduction of a central bank digital currency (CBDC) will give a big boost to the digital economy. Digital currency will also lead to a more efficient and cheaper currency management system.

Budgeting 130

Budgeting Currencies Finance Banking 130

PYMNTS

DECEMBER 28, 2020

at online trading platform eToro , said in the report there are "storm clouds" on the horizon for the form of currency. Warnings of money-printing by global central banks, some of which began to show their own interest in digital currency, gave way to fears of inflation. billion unregistered securities offering.

Currencies 100

Currencies Securities Sales Retail 100

CFO News Room

JANUARY 18, 2023

Weeks before cryptocurrency exchange FTX filed for bankruptcy , dozens of young Nigerians in skintight dresses and brightly colored suits shimmied under limbo bars, posed for photos in front of the company’s logo and sipped expensive liquor at a swanky beachfront venue.

Currencies 100

Currencies Marketing Technology Investments 100

PYMNTS

DECEMBER 23, 2020

News came this week that the United States Securities and Exchange Commission has filed suit against Ripple over its XRP cryptocurrency. billion unregistered securities offering, and named CEO Brad Garlinghouse and Co-Founder Chris Larsen in the suit. XRP is a currency, as the DOJ and FinCEN determined in 2015.

Currencies 93

Currencies Securities Investments Sales 93

PYMNTS

JANUARY 7, 2021

Morgan forecasting that the currency could reach $146,000 in the long run. The parabolic move in bitcoin in such a short time period, I would say for any security, is highly abnormal,” Rosenberg told CNBC. Some bitcoin bulls have called bitcoin “digital gold,” CNBC said, with J.P. 6) and trading above $1,200, CoinDesk reported. .

Marketing 132

Marketing Investments Forecasting Currencies 132

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

Currencies 91

Currencies Retail Banking Finance 91

PYMNTS

MARCH 27, 2019

And Japan’s Financial Service Agency (FSA) has said that Rakuten’s new digital currency exchange, Rakuten Wallet, is now registered as a virtual currency exchange provider with Kanto Local Financial Bureau under the Payment Service Act, CoinDesk reported. The group reportedly had revenues of $53 billion last year.

Securities 53

Securities Currencies Retail eCommerce 53

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. Even bitcoin is accepted by only a relative handful of digital retailers.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

NOVEMBER 30, 2020

When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Privacy And Security.

Currencies 117

Currencies Treasury Banking Securities 117

PYMNTS

JULY 27, 2017

Security in the digital age is a goal for most retailers and consumers — and nearly everyone else in the business world. When it comes to personal information, especially data linked to payment accounts, the level of privacy and accuracy of security are key in keeping the retail world spinning. Although most U.S.

Securities 49

Securities Currencies Retail Financial Data 49

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

Currencies 107

Currencies Banking Education Technology 107

Global Finance

OCTOBER 16, 2024

Lim Soon Chong , Group Head of Global Transaction Services, DBS As financial institutions seek to expand their cross-border payment capabilities, the challenge lies not only in scaling to new corridors but also in managing the complexity of currency volatility and compliance. Real-world applications of this approach are already in motion.

Currencies 104

Currencies Economics Leadership Banking 104

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. So far, that has not been the case.”.

Currencies 89

Currencies Economics Banking Securities 89

PYMNTS

AUGUST 29, 2018

The currency decline continues: The Swedish krona fell Wednesday (Aug. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention to the benefits of currency hedging among commerce and payments businesses. Such lows were last seen in 2009.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

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

MAY 20, 2020

The last several weeks have certainly made for unexpected and unprecedented times for consumers and all players in the retail ecosystem and left a lot of businesses standing at a crossroads as they face the back half of 2020 and questions about what to do next. In other words, trust has become a primarily valuable currency of late.

Retail 75

Retail Economics eCommerce Currencies 75

PYMNTS

FEBRUARY 6, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.

Currencies 52

Currencies B2B Retail Banking 52

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. The Changing Retail Footprint. As unattended retail notches an increasing footprint, said Byrne, other use cases will also emerge.

Retail 55

Retail Transportation Leverage Technology 55

PYMNTS

DECEMBER 14, 2020

EMTECH is rolling out its new Modern Central Bank Sandbox, which will help to streamline regulatory reviews and test central bank digital currencies (CBDCs), a press release says. For example, EMTECH is currently working with the Central Bank of the Bahamas on its Digital Sand Dollar Currency.

Banking 93

Banking Currencies Finance Securities 93

PYMNTS

OCTOBER 14, 2020

The central bank of Russia is seeking to place a yearly cap on the amount of cryptocurrency that retail investors can purchase, CoinDesk reported. As it stands, Russia has ratified legislation regarding digital securities issuance. Silbert is the founder and CEO of the Digital Currency Group, which is the parent of Grayscale.

Investments 56

Investments Retail Currencies Treasury 56

PYMNTS

JANUARY 26, 2021

At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow. Wider adoption will be driven, in part, by regulatory frameworks that enhance security and foster trust in using cryptos in everyday commerce.

Currencies 102

Currencies Healthcare Numbers Retail 102

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. For retail, Libra could change global eCommerce and the shopping experience. “As

Nonprofit 84

Nonprofit B2B Currencies Banking 84

PYMNTS

OCTOBER 21, 2020

In April, for example, the EBF, European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG) said that tech-driven priorities include the development of instant payments capabilities across the EU and robust data sharing. Ready for Digital Currencies? .

Banking 126

Banking Currencies Leverage Technology 126

PYMNTS

NOVEMBER 4, 2016

In this week’s Hacker Tracker , we look at how identity information has quickly become a critical currency — being stolen, traded and resold at an alarming rate. Identity data is the critical currency for perpetrating online fraud. Cybercrime Follows The Light. These are some grim results.

Currencies 76

Currencies Securities Retail Manufacturing 76

PYMNTS

MARCH 1, 2019

Consumers no longer had to carry hard currencies, and they could make purchases using money they expected to earn. Additionally, they give FIs better analytics and reduce retailers’ concerns over payments reversals or cancellations. Security strategies. In turn, businesses could more easily sell higher-priced items.

Securities 53

Securities Reconciliations Banking Invoicing 53

PYMNTS

FEBRUARY 9, 2018

The security of the technology is a major concern, he said, with reports of people losing their secret keys or huge chunks of their crypto funds. Gobaud predicts that data commerce will become a reality as businesses look for ways to buy and sell data in a fast, secure way – and he believes that blockchain will be the way to do that.

Securities 56

Securities Currencies Communication Technology 56

PYMNTS

DECEMBER 24, 2020

If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Building The (Retail) Use Cases. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Over the summer, the U.S.

Currencies 103

Currencies Banking Education Technology 103

PYMNTS

DECEMBER 29, 2016

Blockchain technology is slowly slinking through the aisles of retail business. As blockchain crawls into other industries, analysts are already predicting that the technology will show up more glaringly in the retail space. Ultimately, payments will continue to become cheaper and faster,” said Shihara. “As

Retail 51

Retail Technology Currencies Startups 51

PYMNTS

APRIL 17, 2020

Smooth accounts payable (AP) processes are critical in the spice business, in which purveyors must send funds securely to vast numbers of distributors and growers worldwide. Suppliers often feel that such transactions are secure and enable them to avoid the processing fees involved in accepting credit cards. Savoring Safety.

Accounts Payable 60

Accounts Payable Securities Accounting Invoicing 60

PYMNTS

MAY 3, 2018

billion, up 31 percent year on year and 27 percent in constant currency terms, was better than the $3.3 Of particular note was cross-border volume, which gained 21 percent as measured in local currency, and driven by Europe. borders, the environment is sanguine, with some retail spending growth in the U.K. billion consensus.

Currencies 48

Currencies Numbers CFO Retail 48

PYMNTS

JANUARY 19, 2021

Retail giant Walmart is partnering with global money movement leader Western Union to offer in-store payments and transfers. As the world’s largest retailer, Walmart offers customers transparent financial services using their preferred providers. Walmart is much more than a place where customers shop.

Healthcare 87

Healthcare Currencies Retail eCommerce 87

PYMNTS

SEPTEMBER 18, 2018

billion cards, more than 46 million merchants and 16,000 financial institutions (FIs) as part its network , operating across 200 countries and processing transactions in more than 106 currencies to the tune of $10.8 Today, Visa counts 3.3 trillion every year. Payments are hard, complicated, heavily regulated and fast-moving.”.

Startups 103

Startups Currencies Banking B2B 103

PYMNTS

MARCH 10, 2017

What if we were to tell you that retail shopping isn’t dead? That’s bad news for commercial mortgage-backed securities tied to real estate, where loan viability and payments visibility remains in doubt if rent is not there to cover interest payments or if no tenants are left to pay said rent. Bricks and Mortar , Alive?

Retail 48

Retail Currencies Securities Financial Systems 48

PYMNTS

DECEMBER 7, 2018

The digital currency was trading at just over $3,375 as of 8:40 a.m. And, beyond bitcoin, other major digital currencies also fell over the same day-long timeframe. As the market is heavily retail driven, it’s very much at the mercy of group sentiment which causes huge swings.” EST, CNBC reported.

Currencies 73

Currencies Retail Marketing Securities 73

PYMNTS

NOVEMBER 4, 2019

According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. The rise of mobile commerce and selling of digital goods has added to retailers’ fraud problems. According to the PYMNTS Securing B2B Payments Report , criminals last year successfully made off with $4.2

Retail 49

Retail eCommerce B2B Currencies 49

PYMNTS

JANUARY 22, 2020

The patent application states that the technology will enable a person to pay in any currency, and allow the recipient to receive that payment in whatever currency they choose, with the network itself automatically changing the first payment into the desired currency.

Currencies 64

Currencies Technology Securities Retail 64