PYMNTS

APRIL 8, 2020

After a cybercriminal took advantage of a sizable software flaw to steal digital currency valued at over $250,000, Bisq suddenly stopped allowing trading Tuesday night (April 7) when it came across “a critical security vulnerability,” Coindesk reported. The default fallback is where digital currency arrives if a trade does not work.)

Securities 89

Securities Currencies Investments Technology 89

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. Algorand created a permissionless, open source and pure proof-of-stake blockchain technology. This partnership ensures that the SOV will be built on a scalable and secure platform.”.

Currencies 67

Currencies Planning Compliance Securities 67

Global Finance

OCTOBER 21, 2024

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. Securing guaranteed FX rates of longer tenors can help them improve forecasting, which will lead to better informed decision-making.”

Cash Flow Forecasting 110

Cash Flow Forecasting Treasury Forecasting Cash Management 110

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

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

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

JULY 10, 2020

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The group said it was worried that the potential widespread adoption of stablecoins would be outside regulatory agencies and make it easier for criminals to break the law with the currency. “If

Currencies 56

Currencies Benchmarking Finance Economics 56

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

Currencies 40

Currencies Banking Economics Technology 40

Global Finance

OCTOBER 22, 2024

Central bank leaders on Tuesday discussed the evolving landscape of Central Bank Digital Currencies (CBDC) at the Sibos conference in Beijing. Representatives from China, the Bahamas, Kazakhstan and Europe each addressed the nuances of this burgeoning subgroup of the financial technology sector, according to Finextra.

Currencies 59

Currencies Banking Finance Technology 59

Musings on Markets

JANUARY 27, 2021

In this post, I will take a look at these other markets, starting with a way of dividing investments into assets, commodities, currencies and collectibles that I find useful in thinking about what I can (and cannot) do in those markets, and then reviewing how these markets performed during 2020. Currencies : A currency serves three functions.

Currencies 52

Currencies Investments Marketing Treasury 52

PYMNTS

OCTOBER 27, 2019

According to the law, “the state encourages and supports the research and application of the science and technology in cryptography and protects the intellectual property rights in cryptography.”. The announcement came one day after Chinese President Xi Jinping called on the country to seize opportunities in blockchain technology. .

Currencies 43

Currencies Banking Securities Technology 43

Global Finance

SEPTEMBER 25, 2024

SP: Several drivers influence these trends: technological advances, customer demands for instant and transparent services, evolving legal regulations, and geopolitical developments. Technological innovations like Open APIs enable seamless integration with corporate ERP systems, enhancing efficiency.

Banking 98

Banking Cash Management Compliance Currencies 98

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

CFO Talks

JULY 4, 2024

Ayiku highlighted that digital payments offer significant advantages, including reduced errors, increased speed, and improved transaction security. Adopting these technologies can streamline operations, enhance accuracy, and improve overall efficiency, making the finance function more agile and responsive.

CFO 52

CFO Strategic Planning Currencies Prioritization 52

CFO News Room

FEBRUARY 3, 2022

The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry.

Budgeting 130

Budgeting Startups Currencies Manufacturing 130

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

JUNE 18, 2019

Though he noted that the specifics of the project are still unknown, Roubini explained that GlobalCoin probably won’t use common blockchain technologies. Russia’s central bank might one day launch its own digital currency. Why would they?”

Currencies 53

Currencies Banking Numbers Technology 53

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K.

Currencies 67

Currencies Retail Securities Technology 67

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

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

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

PYMNTS

NOVEMBER 30, 2017

While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the San Francisco Federal Reserve Bank. Central banks could face difficult trade-offs between strengthening security and enabling illegal activity,” Powell said.

Currencies 40

Currencies Planning Banking Economics 40

Future CFO

SEPTEMBER 2, 2024

AI-powered ERP systems can help address regional challenges such as complex regulatory environments, diverse currencies, and rapidly changing market conditions by providing more agile and responsive financial tools. At Oracle, we run our applications on a single Oracle Cloud Infrastructure that offers enterprise-grade security,” he adds.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

PYMNTS

AUGUST 27, 2019

As regulators call for a delay of the social media giant’s cryptocurrency project, Facebook is moving forward, pointing to the bug bounty program as evidence it is taking security seriously. “We Although there is no guarantee Libra will get the green light to launch, the bug bounty is intended as a gesture that security is important. “As

Securities 52

Securities Currencies Communication Accounting 52

PYMNTS

JUNE 8, 2020

PYMNTS’ June 2020 B2B API Tracker® done in collaboration with Red Hat , observes that recent rapid adoption trends for APIs among banks and financial institutions (FIs) indicate a wolf at the door (Big Tech, challengers), but more so, the realization that customer experience (CX) is the new currency. Cloud Havens and Changing Keys.

B2B 52

B2B Securities Banking Risk Management 52

PYMNTS

DECEMBER 3, 2018

Amid the digital transformation of the enterprise, data is now considered the most valuable currency for corporates looking to transform via technology. According to Jouini, there is a range of technologies that are ready to transform corporate T&E — if the data is digitized.

Currencies 57

Currencies Auditing Technology Banking 57

PYMNTS

NOVEMBER 12, 2019

China is making privacy allowances for digital currency , which faces a new foe in the U.S. Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies. 12) that central banks have no reason to issue digital currency. 12) that central banks have no reason to issue digital currency. Former U.S.

Currencies 40

Currencies Leverage Technology Banking 40

PYMNTS

OCTOBER 8, 2019

In other news, Germany’s federal finance minister has sent out a warning about private currency projects like Libra. He added, however, that the power of currency issuance should not be left in the hands of tech giants: “A core element of state sovereignty is the publication of a currency, we will not leave it to private companies.”.

Currencies 40

Currencies Finance Financial Systems Securities 40

PYMNTS

SEPTEMBER 25, 2020

Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies. Mester noted the central bank had been looking into digital currencies even before the pandemic, “building and testing a range of distributed ledger platforms to understand their potential benefits and trade-offs.”

Currencies 132

Currencies Banking Securities Technology 132

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 58

Banking Securities Currencies eCommerce 58

PYMNTS

AUGUST 20, 2019

Binance has announced plans to launch its blockchain project, Venus, to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

Currencies 51

Currencies Accounting Banking Securities 51

PYMNTS

OCTOBER 17, 2018

Designed to provide a seamless and secure link between stakeholders across the trade community using the electronic ledger system, Silsal is considered to be the first blockchain solution developed locally by an Abu Dhabi-based entity.

Currencies 51

Currencies Securities Technology Marketing 51

PYMNTS

JULY 18, 2019

The technology, he noted, is starting to get ahead of the problem and neutralize the pain points. “In Because of various fees and fluctuating currency values, knowing exactly how much a transaction will cost is an ever-recurring issue in global payments. The third bucket, he noted, is the transparency bucket, or cost.

Technology 64

Technology Compliance Currencies Communication 64

PYMNTS

JANUARY 26, 2021

Visa has debuted a new global partnership with TransferWise after working together on the new Visa Cloud Connect program, allowing FinTechs a new way to securely connect with the cloud, according to an emailed press release Wednesday (Jan. The secure connection will help do away with costly local connections. the release said.

Currencies 134

Currencies Securities Accounting Technology 134

PYMNTS

AUGUST 19, 2019

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. In separate news at the end of last year, Bank of America was possibly looking into using blockchain technology for automated teller machines (ATMs).

Securities 43

Securities Banking Transportation Currencies 43

Bramasol

NOVEMBER 11, 2024

Security and Compliance: As companies migrate to the cloud, they can rely on their cloud ERP provider to prioritize data security and regulatory compliance. Leading cloud providers invest heavily in security measures and compliance protocols to protect sensitive information. Efficiencies are the currency of modern capitalism.

SAP 90

SAP Compliance Leverage Invoicing 90

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 66

Banking Securities Currencies eCommerce 66