PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The People’s Bank of China (PBOC) is already testing the renminbi, a digital currency it says will extend the yuan’s worldwide reach.

Currencies 104

Currencies Banking Planning Technology 104

PYMNTS

NOVEMBER 15, 2020

Bank of England Deputy Governor Jon Cunliffe said it isn't his job to shield banks from the coming shift to digital currencies, Reuters reported. Andrew Bailey , governor of the BoE, said over the summer that the BoE is closely examining how the idea of a digital currency would work. at the cutting edge of payments innovation.

Currencies 103

Currencies Banking Economics Planning 103

PYMNTS

DECEMBER 1, 2020

It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month. Morgan stablecoin, known as JPM Coin, geared toward B2B.

Currencies 117

Currencies Banking B2B CFO 117

Global Finance

MARCH 1, 2025

At the end of January, on a vote of 55-2, El Salvadors Legislative Assembly passed modifications to the Bitcoin law, eliminating the word currency but keeping it legal tender. As part of a $1.4 The changes will take effect May 1, 90 days after the legislation appeared in the official newspaper.

Currencies 118

Currencies Securities Finance Economics 118

PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. The pilot will run until February 2021 and will use blockchain technology, the Riksbank said.

Currencies 105

Currencies Banking Math Economics 105

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

CFO Talks

NOVEMBER 20, 2024

Handling Currency Complexity As a cross-listed company, your financial reports might be presented in multiple currencies, depending on the requirements of the exchanges. Consider hedging strategies to reduce the impact of currency fluctuations. Miscommunication here can lead to confusion or worse—a lack of trust.

IFRS 98

IFRS GAAP Currencies CFO 98

PYMNTS

MAY 21, 2020

The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. Patent and Trademark Office that would create a digital currency underpinned by blockchain technology. A central entity may implement a monetary policy and issue currency.

Currencies 97

Currencies Banking Retail Accounting 97

PYMNTS

OCTOBER 19, 2020

The fragmentation of technology is incredible, with multiple players offering multiple options for types of reward systems – miles, cashback, points, etc.,” But each has different limits on use, and there [is] no single, seamless redeeming activity empowered by technology to make it easy for consumers to use them.”. Salazar said.

Currencies 113

Currencies Leverage eCommerce Technology 113

Future CFO

FEBRUARY 7, 2024

Delving into the key trends shaping the treasury landscape in 2024, the focus is on themes such as staffing challenges, macroeconomic risks, technology adoption, and strategic financial management. Staffing challenges and technology adoption Staffing emerges as a central theme for corporate treasurers.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

Global Finance

DECEMBER 26, 2024

During such periods, investors redirect their portfolios quickly, seeking safe-haven currencies to lower their risk levels. This movement of capital to safer markets strengthens the strongest currencies and depreciates other currency pairs. GF: Is there a growing demand for currencies other than the US dollar?

Currencies 52

Currencies Banking Risk Management Finance 52

PYMNTS

SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

Banking 138

Banking Currencies Leverage Technology 138

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. In a 2023 Treasury & Risk survey, over 70% of CFOs emphasized the importance of flexible technology in keeping their treasury operations efficient amid increasing volatility.

Treasury 59

Treasury Risk Management Currencies SAP 59

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Olga Skorobogatova, first deputy governor of the CBR, said 30 countries are working on their own national digital currencies, some of which could launch in five to seven years.

Banking 142

Banking Currencies Prioritization Technology 142

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 Technology Communication 91

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

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

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

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

Bramasol

NOVEMBER 11, 2024

Efficiencies are the currency of modern capitalism. Innovation and Updates: SAP regularly updates its cloud solutions with the latest features and innovations, ensuring that businesses can leverage cutting-edge technologies without the need for significant system overhauls. Growth is the lifeblood of high-tech companies.

SAP 93

SAP Compliance Leverage Invoicing 93

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

Centage

DECEMBER 13, 2021

Next, we asked John Murdock, CEO of Centage , and Nick Fischer, CEO of Cadilus to address these challenges head on, which they did in a webinar, People, Processes & Technology (available for free and on-demand). A good FP&A technology platform will integrate and organize native data sources into a single source of truth.

Financial Planning and Analysis (FP&A) 84

Financial Planning and Analysis (FP&A) Technology Forecasting Budgeting 84

Generation CFO

JANUARY 4, 2022

One roundtable participant from the United Kingdom stated that “for finance teams to adopt the technology, you have to go through a digital transformation.” It also means that an organisation is more adaptable to the constant release of new technology for the finance function.

Finance 215

Finance CFO Accounting Currencies 215

Global Finance

FEBRUARY 5, 2025

Distributed ledger technologies help reduce fraud. Award Winners Evolve With The Market Global Finances Best Trade Finance Banks award winners have excelled in cross-border financing, notably supply-chain financing, financing in emerging markets, and technology adoption. But technology often furnished solutions.

Finance 59

Finance Banking Currencies Economics 59

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

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

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

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

Global Finance

MARCH 2, 2025

The key benefit of Benfords law is that it doesnt matter what kind of firm it ispublic, private, what accounting policies it follows, what currency it operates in, whether its loss-making, whether its a growth company, highly leveraged or no leverage at allmakes absolutely no difference. So I think short sellers. Regulators could use it, too.

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

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

Future CFO

DECEMBER 5, 2024

Visa says the transformation in payments now, amid a rapidly changing digital economy, is driven by technological advancements and evolving consumer behaviour, reflecting a broader movement toward efficiency and inclusivity, and reshaping how individuals and businesses engage with digital transactions.

B2B 52

B2B Entertainment Securities Technology 52

PYMNTS

JANUARY 26, 2021

The tech will underpin the new global agreement between the two companies, which will allow TransferWise to expand its multi-currency debit cards throughout the Asia Pacific region, Europe, the Middle East, U.K. the release said. The secure connection will help do away with costly local connections.

Currencies 134

Currencies Securities Accounting Technology 134

PYMNTS

SEPTEMBER 22, 2020

21), European Central Bank (ECB) President Christine Lagarde made a case for the digital euro, saying it would provide an alternative to private digital currencies, according to her prepared opening remarks. Speaking before the Franco-German Parliamentary Assembly on Monday (Sept.

Currencies 110

Currencies Education Finance Banking 110

Future CFO

DECEMBER 4, 2024

Developing specialised expertise expertise—whether in fundraising, M&A, technological transformation, or another key area—can set you apart as a leader.” This requires expertise beyond finance, including knowledge of the global economy, market trends, laws and regulations, business strategy, and emerging technologies.”

Finance 98

Finance Leadership Problem Solving Benchmarking 98

PYMNTS

MARCH 26, 2020

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. Western Union’s cross-border, cross-currency money-movement and payments network is available in over 70 countries worldwide.

Foreign Exchange 114

Foreign Exchange Currencies Risk Management Technology 114

PYMNTS

OCTOBER 15, 2020

It will function as a “gathering place” for those interested in digital currencies or those who start businesses in addition to researchers, expats and digital nomads. Meanwhile, the federal government is Nigeria is said to be creating a framework to allow for countrywide digital currency adoption, CoinDesk reported.

Currencies 119

Currencies Communication Securities Investments 119

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. Yet even more FIs have access to RTP as a result of third-party technology partnerships, a press release said last week.

Currencies 105

Currencies Accounts Payable Treasury B2B 105