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. pound hit a 30-year low after the Brexit vote, businesses were scrambling to mitigate their exposure to this level of volatility.

Mitigation 40

Mitigation Treasury Treasury Management Assessments 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

SEPTEMBER 29, 2017

As banks look to pair with FinTechs to meet the treasury needs of their corporate customers, they’re also looking towards such innovators to integrate some of those same solutions in-house. Managing Risk. One technology Beaulande cited as especially helpful to banks’ treasury departments is the API.

Treasury 56

Treasury Addressing Treasury Management FinTech 56

PYMNTS

OCTOBER 7, 2016

Reval offers treasury management solutions that have now become the target of an acquisition. “The acquisition of Reval substantially increases our footprint in treasury cloud services and enriches our product portfolio with leading functionality in risk and hedge accounting,” said ION CEO and Founder Andrea Pignataro.

Treasury 49

Treasury Risk Mitigation Treasury Management Mitigation 49

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

AUGUST 31, 2020

In addition to steering their organizations through the murky and rocky waters of an economic downturn, treasury departments are securing a place at the decision-makers' table to offer higher-level guidance. Some may say, 'data is the next oil,' but it can't be if the company doesn't have the platform to optimize its use.".

Treasury 74

Treasury Treasury Management Risk Mitigation Mitigation 74

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

APRIL 26, 2016

Between omnichannel procurement, multi-rail payment tools and cross-border trade, treasury management systems (TMS) seem like an obvious necessity for modern conglomerates. Nearly half of the companies surveyed by the Association for Financial Professionals (AFP) and Bloomberg aren’t using a treasury management system.

Treasury Management 40

Treasury Management AFP Treasury Liquidity Risk 40

PYMNTS

APRIL 18, 2019

Reports in Blockchain News this week said Panxora has introduced a treasury management service to help the company and project founders who turn to ICOs to secure the capital they have raised, and mitigate the risk of cryptocurrency volatility.

Treasury Management 43

Treasury Management Treasury Mitigation Cryptocurrency 43

PYMNTS

SEPTEMBER 12, 2019

Last year Kantox announced a separate collaboration with treasury management company Bellin, which integrated Kantox’s FX management tool into Bellin’s Treasury-as-a-Service offering. FX is much more about deciding how you want to manage risk, than executing transactions,” Gelis said.

Treasury 65

Treasury Treasury Management Automation Risk 65

The Fintech Times

JANUARY 16, 2024

This has fuelled the growth of corporate treasury management systems that are able to manage liquidity and deliver efficiency gains by offering a centralised hub for all payments activity, including payment routing. LexisNexis® Risk Solutions can help.

Payments Trends 98

Payments Trends Risk Identity Theft Payments 98

PYMNTS

NOVEMBER 6, 2018

The tool interconnects Shell’s central treasury office to its 718 operating units to manage foreign exchange (FX) risk and volatility with its more than 200 bank partners. “Now, we can more efficiently route market requests from regional centers around the world to our central treasury. .

Treasury 53

Treasury Treasury Management Risk Mitigation Blockchain 53

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

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). Pater will lead the combined entity as CEO, while Nailand will continue to serve as managing director of Visual Risk.

Treasury 40

Treasury Risk Compliance Acquirers 40

PYMNTS

SEPTEMBER 6, 2017

Technology Tripping Up Treasury. While technology can aid treasurers in their complex risk-mitigation initiatives, Deloitte concluded that corporate treasurers are actually struggling to fully grasp the capabilities of innovations. More than a fifth of treasury management systems are managed in spreadsheets, the report found.

Risk 43

Risk Treasury Treasury Management Risk Management 43

The Fintech Times

JULY 24, 2024

Therefore, to help startups jump on this opportunity Fireblocks for Startups is providing: Treasury Management – Startups can secure their digital assets, manage day-to-day treasury operations, connect to exchanges, access DeFi, and interact with trading counterparties.

Blockchain 59

Blockchain Treasury Treasury Management Non-Bank 59

PYMNTS

OCTOBER 24, 2019

Further, the financial risks of this challenge expand into areas like payments fraud and cyberattacks, with Lutz pointing to the growing sophistication of such crimes, and the increasing complexity of identifying them and mitigating these risks. That’s not to say such innovations won’t have a positive mark on the treasury management world.

Treasury 40

Treasury Treasury Management Cross-Border Payment APIs and Integration 40

PYMNTS

APRIL 22, 2019

Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. Since these transactions are irrevocable, pre-transaction authorization and Know Your Customer (KYC) checks are even more essential in the risk mitigation process.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

SEPTEMBER 2, 2020

For accounting and treasury management departments, the spreadsheet's drawbacks can lead to detrimental impacts on corporate bottom lines. Rather, it's to introduce technology into the enterprise that can augment the value of the spreadsheet while mitigating its risks.

Finance 72

Finance Treasury Management Government Governance 72

PYMNTS

AUGUST 15, 2019

Further, if payment service providers wish to exempt corporate payments from SCA requirements, they must provide a comprehensive risk assessment and outline of risk mitigation measures to the FCA each year at least three months before the exemption can be applied.

Payments 49

Payments Commercial Card Risk Mitigation Mitigation 49

PYMNTS

MARCH 16, 2018

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. We’re looking to partner with treasury management system [TMS] providers out there. In the U.K.,

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

MARCH 15, 2016

The city is a major economic hub in Europe and home to a diverse range of businesses that we are certain will benefit from our tailored payment and treasury management solutions.”. According to AFEX, the nation saw a 4.7 AFEX already operates offices in other areas of Europe, as well as the U.S., Asia, Australia and Canada.

Cross-Border Payments 41

Cross-Border Payments Cross-Border Treasury Management Treasury 41

PYMNTS

APRIL 19, 2018

Its services are PSD2-compliant and provide treasury management and other financial control services to CFOs and corporate treasurers. Its payment services can facilitate individual or batch payment in real time with added FX management and support. Clients can also customize controls and access levels for various users.

Real Time Payments 40

Real Time Payments Cross-Border Payments Multi-Currency Cross-Border 40

PYMNTS

MAY 30, 2016

“Regulators don’t make our loan decision for us,” the bank’s head of corporate and commercial banking and treasury management, Perry Pelos, told reporters. 10% more usage in Options signals a newfound interest among Australian SMEs for FX risk mitigation , found analysis from East & Partners.

Finance 40

Finance SWIFT Push-to-Card Treasury 40

PYMNTS

NOVEMBER 2, 2017

Corporate finance executives and financial service providers quickly acknowledged a dramatic change in the treasury department: Over the last decade, the corporate treasurer has become a strategic component of the enterprise, driving growth in a challenging, constantly changing market. And that makes the treasurers happy.”.

Risk 40

Risk Innovation Treasury API 40

PYMNTS

SEPTEMBER 25, 2018

To close the gap between what is and what might be in payments and treasury management, first thing’s first: Executives want to be secure in their security. In a wide-ranging conversation between PYMNTS’ Karen Webster and Andrew Bateman, president of corporate liquidity and bank treasury at FIS , the focus was on prioritization.

Treasury 55

Treasury Real Time Payments Cash Management SWIFT 55

PYMNTS

DECEMBER 17, 2019

. “This is a fairly significant cost for businesses, particularly in terms of the treasury management point of view. ” Automation of FX hedging and global payments also mitigates the risk for error, which can be potentially costly for businesses operating across borders, Cran noted.

Liquidity Management 52

Liquidity Management API Cross-Border Payments Payment APIs and Integration 52

PYMNTS

MAY 28, 2020

By having the bank and the customer work together to mitigate fraud, rather than working separately in silos, we’re collectively better able to respond to fraudulent activity.”. This means FIs and account holders must communicate effectively regarding potential fraud and work together to thwart it. “UMB

Online and Mobile Banking 55

Online and Mobile Banking Fraud Detection Wire Transfer Crime 55

PYMNTS

MAY 14, 2018

The cannabis industry is an entirely different animal and needs an entirely new kind of compliance model to be taken seriously and to mitigate the risks for everyone involved.”. Fusion Bank targets the legal cannabis market with its cash and treasury management solutions.

Legal 52

Legal Fincen Compliance Due Diligence 52

PYMNTS

JUNE 27, 2019

Among the most recent partnerships announced in this context is a tie-up between treasury management solution provider Kyriba and JPMorgan Chase. With collaborations emerging to drive faster payments adoption, corporate treasurers are in the crosshairs of these initiatives.

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

NOVEMBER 9, 2017

Corporate treasury is now more strategic for the enterprise, meaning chief financial officers and treasurers must be close-knit with their organizations’ boards of directors. More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short.

Risk Management 43

Risk Management Risk Treasury Email Compromise 43

PYMNTS

MAY 19, 2016

Less than a quarter of those surveyed said they had established hedges to mitigate currency or interest rate volatility, for example, according to Greenwich Associates.

Risk 40

Risk Mitigation Research Security 40

PYMNTS

MAY 11, 2018

A 2014 survey from treasury management software company Kyriba found that 65 percent of corporate treasurers say they are challenged by a lack of visibility into cash forecasting data inputs, making it their largest forecasting challenge. .” ”

Process 40

Process Treasury Risk Mitigation Accounts 40

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. Q: Where do you look for innovative ideas, and why? A: Our innovation comes from trust and meaningful relationships with our clients.

Risk Management 40

Risk Management Treasury Risk Innovation 40

PYMNTS

AUGUST 1, 2018

In Ramos’ view, treasurers are beginning to take the lead in FX risk mitigation, and it appears education has become a critical component of that effort. Recent allegations that American Express secretly hiked FX fees for its small business customers shed light on this issue.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

PYMNTS

JULY 4, 2016

“Controls and fraud mitigation are a priority everywhere now,” said Albus and Bateman. ” “Treasurers are trying to understand how they can do more to manage fraud,” the executives continued. “What role can the treasurer play in security?

Treasury 41

Treasury Payments Fraud Detection Cross-Border 41

Nanonets

APRIL 17, 2024

Third-party apps and add-ons may mitigate this issue somewhat, but those needing specialized services should generally seek specialized providers rather than a generalist solution like QuickBooks.

Cross-Border 52

Cross-Border Cross-Border Payments Small Business Accounts 52