PYMNTS

APRIL 10, 2020

Treasury to assist people who don’t typically file taxes. . The payments are part of the $2 trillion CARES Act passed last month to mitigate the economic damage caused by the COVID-19 pandemic. A new IRS portal for coronavirus relief payments has been launched in conjunction with the U.S. The non-filer tool can be used by U.S.

IRS 145

IRS Checks Social Security Consumer 145

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.

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

PYMNTS

APRIL 10, 2020

senators are urging Treasury Secretary Steven Mnuchin to shield taxpayers from having COVID-19 stimulus payments seized by debt collectors. have asked the Treasury to protect direct payments to taxpayers, CNBC reported on Friday (April 10). In a bipartisan move, Sen. Sherrod Brown (D-Ohio) and Sen. Josh Hawley (R-Mo.)

Treasury 61

Treasury Consumer Laws Social Security 61

The Fintech Times

MARCH 7, 2025

Firstly, it will mitigate fraud through unified and secure data sharing that will disrupt fraud networks and close exploitable gaps. In fact, according to ONS data, over 1.2 million incidents of fraud were committed in the UK in 2023 equivalent to nearly two fraudulent acts every minute.

Compliance 96

Compliance Financial Crimes Crime Governance 96

PYMNTS

NOVEMBER 6, 2018

Technology developed by Bloomberg is now being used by Shell ‘s Foreign Exchange Central Treasury unit to interconnect the fuel conglomerate’s operating units across 22 markets, the companies revealed Monday (Nov.

Treasury 53

Treasury Treasury Management Risk Mitigation Blockchain 53

PYMNTS

SEPTEMBER 25, 2018

In the drive to modernize treasury operations, mind the gap — o r gaps. As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need. Right now, the focus is on plumbing, said Bateman, and that is as it should be. “If

Treasury 55

Treasury Real Time Payments Cash Management SWIFT 55

Finextra

JUNE 9, 2023

Speaking at TCF 2023, Adam Gable, Product Director Financial Crime, Treasury & Risk, Temenos, and Hani Hagras, Chief Science Officer, Temenos, discuss what the spread of instant payments means for financial crime mitigation and how AI and automation can help prevent fraud and maintain compliance.

Financial Crimes 40

Financial Crimes Mitigation Instant Payments Crime 40

PYMNTS

MARCH 16, 2018

We’re looking to partner with treasury management system [TMS] providers out there. The tool also facilitates integration with end users’ existing enterprise resource planning systems, treasury management systems, billing systems and other portals. Instead, Remlinger explained why the firm is going after third-party developers.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

MAY 17, 2018

According to a press release Wednesday (May 16), the European Central Bank (ECB), based in Germany, has chosen OpenLink to provide treasury and risk management technology to manage its euro-dominated investment portfolio, foreign reserves and other asset purchase programs.

Treasury Management 43

Treasury Management Central Bank Treasury Due Diligence 43

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 Risk Compliance Acquirers 40

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 Faster Payments Real Time Payments Liquidity Management 44

Nanonets

APRIL 7, 2023

Cash management, or effective treasury management, can often be the deciding factor for the success or failure of tech startups. To operate safely and efficiently in every stage of growth, companies need the right mix of liquidity options and a range of treasury management products and services.

Treasury Management 98

Treasury Management Treasury Due Diligence Wire Transfer 98

PYMNTS

JUNE 30, 2016

Treasury management technology firm Reval says Brexit makes it painfully clear that, for those businesses not conducting contingency and scenario planning, their financial situations are far less stable. “Treasuries typically don’t have lots of resources,” Seward said. Following the U.K. “The future of the U.K.

Mitigation 40

Mitigation Treasury Treasury Management Assessments 40

PYMNTS

OCTOBER 24, 2019

As Andreas Lutz, CEO of Fides Treasury Services explained to PYMNTS in a recent interview, the challenges associated with managing multiple bank accounts — and opportunities lost when it is done manually — are vast. Some treasury analysts still spend fully half their time working with massive spreadsheets,” he said.

Treasury 40

Treasury Treasury Management Cross-Border Payment APIs and Integration 40

PYMNTS

APRIL 15, 2020

For businesses that have not yet applied for a loan under the $350 billion federal stimulus program designed to mitigate the economic ravages of the coronavirus pandemic, it may be too late. Senate Minority Leader Chuck Schumer (D-New York) told reporters he spoke with Treasury Secretary Steven Mnuchin Wednesday morning. “We

Small Business 92

Small Business Underserved Treasury Mitigation 92

PYMNTS

MAY 28, 2020

In a press release , the IRS states that the debit cards will arrive in plain envelopes from “Money Network Cardholder Services,” and are issued by Metabank , the Treasury Department’s financial agent — neither of which are commonly known names for most Americans.

IRS 68

IRS Bureau of the Fiscal Service Debit Card Treasury 68

Finextra

AUGUST 22, 2024

Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time.

Liquidity Management 52

Liquidity Management Treasury Management Treasury Mitigation 52

PYMNTS

JULY 5, 2020

Due to the real-time factor, fraud can be mitigated, the release states. With the new updated solution, BNY Mellon will let clients validate statuses and owners of accounts in real time across the U.S. That will have the effect of streamlining customer enrollments and payment processing.

Faster Payments 96

Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

PYMNTS

OCTOBER 22, 2020

Fatehpuria added that GE is working toward integrating real-time payments into its cross-border operations, which could help mitigate many of the challenges endemic to transnational B2B payments, including limited banking hours and batch processing. Treasury is in the middle of upgrading our FX infrastructure,” she said.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Real Time Payments Treasury 98

PYMNTS

MAY 28, 2020

In a press release , the IRS states that the debit cards will arrive in plain envelopes from “Money Network Cardholder Services,” and are issued by Metabank , the Treasury Department’s financial agent — neither of which are commonly known names for most Americans.

IRS 65

IRS Bureau of the Fiscal Service Debit Card Treasury 65

PYMNTS

JANUARY 27, 2021

She, alongside Stripe Business Lead of Treasury Tara Seshan and City National Bank Executive Vice President of Treasury Management Solutions Verna Grayce Chao , agreed that the embrace of bank- FinTech collaboration has proliferated the opportunity to drive embedded business banking experiences.

Payment APIs and Integration 115

Payment APIs and Integration On-Demand End User Treasury 115

PYMNTS

JUNE 20, 2017

A new white paper from treasury management solution provider Hazeltree emphasizes the crucial role metrics and data play in counterparty risk management and mitigation for buy-side treasurers, for instance. There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted.

Risk Assessment 47

Risk Assessment Assessments Risk Risk Mitigation 47

PYMNTS

JUNE 25, 2020

Treasury is in a really unique position to help the company think through those questions because of its role in forecasting cash and managing cash, and because many financial functions report up to the treasury.”. Mitigating Risk. Liquidity Resiliency Through Technology.

Mitigation 60

Mitigation Risk Mitigation Treasury Risk 60

PYMNTS

NOVEMBER 10, 2020

“AP Optimizer is a big win for our customers and is part of our strategy to provide an integrated offering to manage accounts payables,” said Jeff Jones , head of Corporate Payment and Treasury Solutions for U.S. Bank, according to the release. With AP Optimizer, the release stated, U.S.

ACH 80

ACH Treasury Mitigation B2B 80

PYMNTS

APRIL 26, 2017

We strive to ensure chief executives have the ability to create new growth opportunities and mitigate crises by protecting and optimizing their financial resources. As a product feature, Kyriba was the first and only company to integrate supply chain finance (SCF) into the treasury workflow. This is a game changer for the industry.

Risk Management 40

Risk Management Treasury Risk Innovation 40

PYMNTS

SEPTEMBER 12, 2019

“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.”. The FX company spoke with PYMNTS last month about the role that automation plays in enabling corporates around the world to manage and mitigate FX risk.

Treasury 65

Treasury Treasury Management Automation Risk 65

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar. Yet, status quo prevails.

Risk Mitigation 40

Risk Mitigation Risk Mitigation Treasury 40

PYMNTS

JUNE 27, 2018

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. However, foreign exchange risk mitigation goes beyond hedging, said Mark Frey, COO at Cambridge Global Payments. Today, proactive risk mitigation is much easier said than done.

Risk Mitigation 53

Risk Mitigation Mitigation Risk Management Cross-Border 53

PYMNTS

JANUARY 1, 2021

Treasury Department announced Wednesday (Dec. Treasury follows through with enacting the regulation after a comment period expires in the coming weeks, crypto exchanges will have to report transactions valued at $10,000 or more. Meanwhile, BitGo Inc. , If the U.S.

Bitcoin 80

Bitcoin Cryptocurrency OFAC Treasury 80

PYMNTS

APRIL 9, 2019

. “But they’ve probably grown up separately because, traditionally, banks have looked at one as a financing opportunity or corporates looked at one as a monetization opportunity, and the other is pure risk mitigation. But I think, for a number of reasons, you start to see the two go more hand in hand.” Combining Forces.

Finance 63

Finance Underwriting Risk Mitigation Mitigation 63

PYMNTS

DECEMBER 17, 2018

Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services (UBSFS) for willful violation of the Bank Secrecy Act, according to a treasury report. Broker-dealers providing banking-like services must properly mitigate the AML risks associated with this kind of service.

Fincen 55

Fincen AML BSA Money Laundering 55

PYMNTS

APRIL 27, 2016

More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

Neopay

DECEMBER 18, 2023

UK parliamentarians on the cross-party Treasury Committee have urged to Bank of England to address data privacy and financial stability concerns before considering the implementation of a digital pound. percentage points or more.

Treasury 52

Treasury CBDC Privacy Risk 52

PYMNTS

MARCH 30, 2018

Reports said the group aims to develop alternative solutions to dispute resolution and to address the needs of both banks and small businesses when mitigating. The launch of the review comes as several high-profile scandals involving small business banking continue to play out.

Small Business 66

Small Business Disputes Procedures Addressing 66

PYMNTS

MAY 19, 2016

Risk mitigation is often thought of in the context of FX volatility and global trade. That’s according to OpenLink VP of Commodities and Treasury Solutions Mark O’Toole. OpenLink wants corporate treasurers to have something else in mind, though: commodities.

Risk 40

Risk Treasury Management Treasury Risk Management 40

The Fintech Times

JULY 23, 2024

” The model outlines plans to use public support (such as the government’s newly announced National Wealth Fund ) to mitigate the initial risk in new infrastructure that private investors are unable to take, due to regulatory rules.

Mitigation 69

Mitigation Facilitators Finance Risk 69