PYMNTS

JANUARY 28, 2021

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said. “As

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. Mnuchin added that the Treasury has informed Facebook, as well as other cryptocurrency users, that they need to implement the same anti-money-laundering and counter-terrorism safeguards as other financial institutions.

Treasury 75

Treasury Securities Currencies Financial Systems 75

CFO News Room

JANUARY 21, 2023

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 130

Treasury Currencies Numbers Marketing 130

PYMNTS

JULY 6, 2020

“Today, we are making a significant investment to build this market and with highly differentiated offerings providing both private and business clients the opportunity to choose a long-standing industry expert as their payments and FX currency partner.”. or in other countries.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3

Treasury 129

Treasury Currencies Cash Management Benchmarking 129

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Strategic Treasurer

JANUARY 21, 2022

Coffee Break Session: What Is Digital Currency? What is digital currency? Coffee Break Session Host Alexa Cook catches up with Strategic Treasurer’s Managing Partner, Craig Jeffery, to discuss what digital currency is, how it is being used, and some examples of digital currency. 2021 Treasury Tech Survey Report.

Currencies 52

Currencies Treasury Finance Technology 52

PYMNTS

OCTOBER 10, 2019

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. The job listing said that the treasury product manager must have previous experience in the payments sector, but that specific knowledge of cryptocurrency wasn’t necessary. It also recently joined R3’s Marco Polo blockchain trade platform last month.

Treasury 76

Treasury Banking Currencies Finance 76

PYMNTS

JULY 16, 2020

Treasury’s Financial Crimes Enforcement Network (FinCEN) is warning financial institutions of a “high-profile” new scam exploiting Twitter accounts to try and scam convertible virtual currency (CVC) out of individuals, according to a Thursday (July 16) press release.

Treasury 80

Treasury Banking Currencies Communication 80

Strategic Treasurer

MAY 18, 2023

Session 86 Coffee Break Session: What Is Digital Currency? In this episode, Paul Galloway and Jason Campbell discuss digital currency and its implications for treasury professionals. Series Episodes The post 86: What Is Digital Currency? Crypto has been gaining popularity in the past decade.

Currencies 52

Currencies Treasury B2B Finance 52

PYMNTS

DECEMBER 9, 2020

The accelerated growth of USDC over the course of this year is the result of our active work to establish an open standard for fiat digital currency on the internet,” Puth said in a statement. Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

Currencies 103

Currencies Treasury B2B Compliance 103

PYMNTS

MARCH 2, 2020

Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

Treasury 71

Treasury Currencies Investments Banking 71

PYMNTS

JANUARY 21, 2021

In today’s top news, President Biden is expected to pick Michael Barr to head the OCC, and Janet Yellen, Biden’s pick for Treasury Secretary, is expected to take a hard stance toward crypto. Biden’s Treasury Pick Yellen Leary Of Crypto. Plus, the chief of the CFPB stepped down at Biden’s request. 20) at the request of U.S.

Treasury 72

Treasury Currencies Healthcare Banking 72

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan Chase ; and Brad Windbigler , head of treasury and investor relations at Western Union. Setting the Stage.

Treasury 76

Treasury Banking B2B Reconciliations 76

PYMNTS

OCTOBER 31, 2016

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. The OCC said that, once it found the data breach, it referred the case to the Treasury Department’s Inspector General’s office. The incident occurred in Nov.

Currencies 74

Currencies Treasury Banking Numbers 74

PYMNTS

JANUARY 18, 2022

Treasury said Tuesday (Jan. Treasury said in a statement. Kardashian, boxing legend Floyd Mayweather and NBA Hall of Famer Paul Pierce were among those who were sued in a class-action lawsuit for promoting the digital currency. The Treasury said the tougher rules will be phased in over six months once they’re finalized.

Treasury 58

Treasury Advertising Currencies Securities 58

PYMNTS

SEPTEMBER 26, 2018

Not only do the founders of projects raising funds via ICO rarely have a background in treasury management, but the nature of the current crypto ecosystem means these innovators need guidance, Siemer told PYMNTS in a recent interview. “On top of that, their clients’ crypto exposure will also affect decisions made.”

Treasury 65

Treasury Startups Corporate Finance Auditing 65

Simply Treasury

NOVEMBER 2, 2020

When we address the issue of the appropriate level of the USD/EUR currency pairs, it is difficult to assess the right level it should reach. The Dollar's weakness against the EUR, and against other currencies, divides analysts on the Dollar's future role in trade. François Masquelier – Simply TREASURY I guess not….

Currencies 130

Currencies Economics Treasury Budgeting 130

PYMNTS

JUNE 15, 2020

GTreasury , a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Terry Beadle , GTreasury’s global head of Corporate Development, said the combination would prove valuable.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. As a whole, the U.S. “The U.S. ” Coexisting Systems.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

FEBRUARY 8, 2019

marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). “SMBs could be exposed to significant sterling fluctuation,” said Western Union Senior Currency Strategist Nawaz Ali in a statement sent to PYMNTS in December.

Currencies 61

Currencies Foreign Exchange Reconciliations Treasury 61

PYMNTS

DECEMBER 29, 2019

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is largely comprised of former French colonies.

Currencies 53

Currencies Treasury Economics Planning 53

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

NOVEMBER 23, 2020

Global Money Account holders can hold as many as eight different HSBC currencies with conversion options — United States Dollar, Euro, Sterling, Canadian Dollar, Australian Dollar, New Zealand Dollar, Hong Kong Dollar, and Singapore Dollar. All features of the account can be accessed via a smartphone. .

Treasury 140

Treasury Currencies Banking Accounting 140

PYMNTS

MARCH 30, 2020

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. Treasury Department’s Financial Crimes Enforcement Network ( FinCEN ) before intentions for a roll out in the United States, CoinDesk reported.

Currencies 98

Currencies Treasury Banking Retail 98

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 57

Treasury Risk Management Currencies SAP 57

Global Finance

JULY 26, 2024

A fragmented regulatory environment, uneven access to financial services, a shallow pool of readily available funds, and currency controls and limitations in some African markets can lead to trapped cash. A specialist banking partner will help provide and support an effective treasury model to help make the most of the opportunities.

Cash Management 52

Cash Management Treasury Reconciliations Currencies 52

Musings on Markets

JANUARY 27, 2022

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 88

Treasury Currencies Numbers Investments 88

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

FEBRUARY 4, 2020

Visa has announced that it will sell cross-border payments company Earthport’s foreign exchange (FX) business to Pollen Street Capital’s Currency Holdings, according to a report. If you are a treasury bank, you have to operate in both of those spaces,” he explained. That’s B2B Connect.”. “If

Foreign Exchange 100

Foreign Exchange Treasury Currencies B2B 100

Finvisage

FEBRUARY 2, 2023

Why the role of treasury is so unique for a pure-play trading firm Normal corporation : Let us take the case of a manufacturing firm. The role of treasury is to monitor the certainty of these inflows and outflows and manage the ensuing mismatch risks. Time sensitivity can be an important factor for these Treasury functions.

Treasury 52

Treasury Forecasting Manufacturing Currencies 52

CFO News Room

JANUARY 9, 2023

There is a market-based estimate of inflation that comes from the US treasury market, where a comparison of yields on a treasury bond with that on a inflation-protected treasury bond of equivalent maturity provides a measure of expected inflation.

Treasury 130

Treasury Currencies Valuation Forecasting 130

CS Lucas

JANUARY 20, 2021

Digital landscapes make dealing with payments, across multiple currencies and banking relationships easier to visualize and quicker to execute. In this webinar, CEO of CS Lucas, CS Tan – makes the case for Treasury Management Systems and showcases our new free TMS solution: CS Lucas Essentials. .

Treasury 52

Treasury Currencies Securities Banking 52

CFO News Room

NOVEMBER 13, 2022

A central bank digital currency (CBDC) is a digital currency issued by a central bank. It is important to distinguish between digital currency and a digital claim to a currency. Commercial banks offer digital claims to a currency in the form of checking account balances. The country fully de-dollarized in 2017.

Currencies 130

Currencies Economics Banking Treasury 130

Barry Ritholtz

AUGUST 12, 2024

So when I see a chart like this two things come to mind the first is that looking at crisis peaks — GFC and Covid-19 — is inherently problematic; you are taking outliers that come along once every 15-20 years as opposed to the ordinary treasury issuances. Do we simply ignore the growth in the size of the economy and the U.S.

Treasury 138

Treasury Forecasting Currencies Investments 138

Global Finance

SEPTEMBER 9, 2024

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. A sense of nervousness amid ongoing global disruption pervades strategic thinking across global treasury functions.

Mergers and Acquisitions (M&A) 95

Mergers and Acquisitions (M&A) Treasury Currencies Finance 95

Global Finance

OCTOBER 21, 2024

Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices with overall corporate strategy. BofA launched Guaranteed FX Rates beyond a 24-hour period eight years ago, supporting over 200 currency pairs.

Cash Flow Forecasting 93

Cash Flow Forecasting Treasury Forecasting Cash Management 93