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.

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

Simply Treasury

OCTOBER 5, 2022

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Foreign Exchange 130

Foreign Exchange 130

PYMNTS

AUGUST 27, 2019

26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion for corporate clients. Other processes that can be conducted on the platform include real-time foreign exchange management, proof of payment, payments, request-to-pay and WorldLink transfers. Citi announced on Monday (Aug.

Treasury 63

Treasury Foreign Exchange Banking Numbers 63

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

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

JANUARY 18, 2021

This means treasury departments must have back-office integrations that can enable them to manage payments across various channels. It is important for businesses looking to understand the risks treasury departments face to identify and execute best practices.

Foreign Exchange 127

Foreign Exchange Treasury Risk Management Corporate Finance 127

PYMNTS

APRIL 3, 2019

Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed.

Treasury 49

Treasury Banking Foreign Exchange Corporate Finance 49

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

Global Finance

OCTOBER 7, 2024

To aid the island republic, the State Bank of India (SBI) has subscribed to $50 million in government Treasury bills issued by the Ministry of Finance of the Maldives, rolling over a one-year T-bill following the maturity of the previous subscription on September 19. India and China are among the nation’s biggest creditors.

Foreign Exchange 64

Foreign Exchange Currencies Treasury Finance 64

PYMNTS

JUNE 19, 2020

In an effort to provide complete management of foreign exchange risk, financial solutions provider Profile Software rolled out its Acumen net eFX offering. It can fully accommodate rapid business expansion and future needs for competitive Treasury management operations.”.

Risk Management 64

Risk Management Foreign Exchange Treasury Banking 64

CS Lucas

MAY 28, 2023

In todays day and age, restructuring your treasury functions through modernization, flexibility and preparation can allow for real time up-to-date reports that allow for improved short and long term decision making. We look forward to seeing you there.

Investments 52

Investments Foreign Exchange Marketing Restructuring 52

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

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. Certainly regulations like PSD2 and the U.K.’s

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

PYMNTS

OCTOBER 7, 2020

In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Bank Of America Launches Business Treasury APIs.

Treasury 52

Treasury Banking Foreign Exchange Finance 52

PYMNTS

MAY 2, 2016

Treasury has added five nations to its list of trading partners with foreign exchange policies that need to be monitored, according to reports on Saturday (April 30). The updated list was revealed in a report sent by the Treasury to Congress.

Treasury 40

Treasury Foreign Exchange Currencies Marketing 40

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

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). The companies will combine their risk analytics and hedge accounting software as well, they said. “We

Treasury 40

Treasury Compliance Foreign Exchange Risk Management 40

PYMNTS

OCTOBER 10, 2017

Treasury management startup IBSFINtech has landed seed funding from investors, reports from Indian information services group VCCircle said Monday (Oct. IBSFINtech provides software to support companies’ treasury and foreign exchange management. reports said, though IBSFINtech did not disclose how much it raised.

Treasury 40

Treasury Startups Foreign Exchange Management Consulting 40

PYMNTS

JANUARY 25, 2018

Treasury management firm BELLIN is expanding its offerings through a new partnership with Kantox , reports in bobsguide said this week. By teaming up with Kantox, we can now complement our TaaS [Treasury-as-a-Service] offering with FX management and hedging ,” said BELLIN Founder and CEO Martin Bellin in a statement.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

JANUARY 7, 2021

Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The new marketplace will be available through the Fides Multibanking Suite web portal, the release stated.

Finance 88

Finance Foreign Exchange Treasury Transportation 88

PYMNTS

SEPTEMBER 4, 2018

In its “ The road to real-time treasury ,” Deutsche Bank urges treasurers to get ready for a world of real-time transacting. Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

OCTOBER 8, 2019

Citi has recruited foreign exchange management firm Kantox to enhance its FX services for corporate clients, the companies said in a press release on Monday (Oct. enabling those firms to access a custom platform that integrates with Citi’s existing foreign currency payments solution.

Foreign Exchange 74

Foreign Exchange Treasury Currencies Banking 74

PYMNTS

APRIL 23, 2020

In today’s top news, Treasury Secretary Steven Mnuchin said companies that received Paycheck Protection Program (PPP) loans without qualifying could face investigations, and some small- to medium-sized businesses (SMBs) that received PPP loans said they won’t be able to rehire all of their employees.

Treasury 52

Treasury Foreign Exchange Economics Banking 52

PYMNTS

DECEMBER 1, 2020

FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release. And, the processes are all integrated with other Cobase modules for cash and treasury management.

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58

PYMNTS

JULY 6, 2020

London-based global payments and foreign exchange company moneycorp has announced its expansion into Canada. The expansion into Canada comes a little less than a year since moneycorp acquired Rochford Group , an Australian treasury advisory company, which, in addition to offices Down Under, also had an office in Hong Kong as well.

Currencies 79

Currencies Foreign Exchange Risk Management Treasury 79

PYMNTS

AUGUST 30, 2019

Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients.

Treasury 40

Treasury Banking B2C Foreign Exchange 40

PYMNTS

JANUARY 15, 2019

HSBC is increasingly relying on blockchain technology to facilitate its foreign exchange trading services, reports in Financial Times said Monday (Jan. 14), with more than three million FX transactions having already been processed by the bank in the past year via blockchain.

Foreign Exchange 76

Foreign Exchange Currencies Treasury Finance 76

PYMNTS

SEPTEMBER 12, 2019

French financial institution BNP Paribas has announced a FinTech partnership to strengthen its foreign exchange service offerings. BNP Paribas’ partnership with Kantox will offer corporate treasurers in EMEA the opportunity to access a fully automate hedging solution and ultimately improve their treasury processes.”.

Foreign Exchange 65

Foreign Exchange Treasury Forecasting Currencies 65

PYMNTS

AUGUST 14, 2020

While the migration of sales workflows from in-store to online hasn’t historically relied on guidance or input from the treasury department for a successful shift, in today’s demanding market, treasurers are in a position to play a far more strategic role in guiding their organizations as they manage new and changing payment flows.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

NOVEMBER 12, 2020

Poland's mBank Taps Treasury Pricing FinTech. Poland's first fully-digital bank, mBank , is collaborating with kACE to integrate the FinTech's treasury pricing technology. Straight-through processing accelerates the movements of funds to businesses' accounts, the companies noted, adding that the solution will go live before year's end.

Banking 88

Banking Treasury Foreign Exchange Risk Analysis 88

CS Lucas

APRIL 28, 2023

CS Lucas utilizes this data and overlays it with treasury transactions, funding plans, and other cash flow activities that are not commonly included in the AP/AR module. The aim is to create a consolidated cash flow for single or multiple entities.

Accounting 52

Accounting General Ledger Accounts Payable Foreign Exchange 52

PYMNTS

DECEMBER 10, 2020

The financial institution or corporate client gets transparency into fees and foreign exchange rates as well as visibility of payment settlement. Commercial clients using SWIFT gpi for corporates can also get alerts about inbound and outbound payment status directly to their treasury management system. 10) press release.

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104

Simply Treasury

SEPTEMBER 9, 2020

Treasury management is “anticipation”. This explains why the treasury manager, “the custodian of cash”, has become a centre of attention and why Cash Flow Forecasts (CFF) have become so essential. not all cash can be reported to central treasury. Often, we heard “ cash is king”. Managing cash is easier than forecasting cash.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

MARCH 16, 2020

Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

SEPTEMBER 18, 2019

The company said that the API-led platform will let partners — including banks, retailers, credit unions and others — access payment and foreign exchange services through a single place. The BNP move follows one where Kantox last year had struck a collaboration with treasury management firm Bellin.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. Against that backdrop, JPMorgan is already collaborating with multiple treasury management systems to create a “plug and play” banking experience inside its own offerings, he told Webster. “And

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92