PYMNTS

NOVEMBER 23, 2020

“As the world’s leading international bank, it is our ambition to put banking in our customers’ pockets, and create a top-tier borderless banking experience that lets them manage their finances whenever and wherever they want,” Matthias Dekan, head of HSBC Global Money, HSBC Group, said in a statement on Monday (Nov.

Payments Tools 140

Payments Tools Global Payments Cross-Border Payments 140

PYMNTS

DECEMBER 4, 2020

Black Friday sales stretched across the entire month of November as retailers launched special deals as early as Nov. He added that the company's clients also have the ability to combine payment data with treasury tools for improved “cash flow reporting, forecasting and utilization.”.

Online and Mobile Banking 115

Online and Mobile Banking NOV Treasury Processors 115

PYMNTS

NOVEMBER 6, 2018

The bank debuted its Santander Enterprise Payment Link (EPL) solution in a press release issued Monday (Nov. The Treasury Link tool integrates an electronic payment function to support wire and ACH payments. 5), a platform on which clients can initiate payments to their suppliers, employees and customers.

Wire 62

Wire Wires Treasury ACH 62

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. In an announcement , Citi revealed the launch of its Citi Global Connect platform, enabling corporates to accept B2B payments across borders with integrated FX capabilities.

Cross-Border 83

Cross-Border Accounts Multi-Currency Reconciliation 83

PYMNTS

OCTOBER 31, 2016

The incident occurred in Nov. The OCC said that, once it found the data breach, it referred the case to the Treasury Department’s Inspector General’s office. 2015 when the ex-employee downloaded a large number of files onto two thumb drives. The employee then retired from the agency.

Office of the Comptroller of the Currency 74

Office of the Comptroller of the Currency Data Breach Breach OCC 74

PYMNTS

NOVEMBER 30, 2020

Crypto merchant gateway firm Cryptobuyer announced in a tweet on Nov. billion, according to The Block, citing the court’s judgment, which came out on Nov. Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. The courts said that the assets are worth more than $4.2

Bitcoin 67

Bitcoin Law Enforcement Blocks Cryptocurrency 67

Bank Automation

NOVEMBER 27, 2023

The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov. Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer.

NOV 80

NOV Small Business Continuity Consumer 80

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. The financial institution (FI) announced news on Monday (Nov. Payer ID assigns account numbers to each individual payer, enabling corporate treasury departments to match payment with payer.

Payer 48

Payer Payment APIs and Integration Treasury Master Account 48

PYMNTS

NOVEMBER 30, 2020

President-elect Joe Biden rounded out his economics team on Monday (Nov. He also officially named Janet Yellen , former head of the Federal Reserve, as treasury secretary. In addition, Biden appointed Adewale Adeyemo , international economic advisor in the Obama administration, as deputy Treasury secretary. auto industry.

Federal Reserve 56

Federal Reserve Treasury Advisors Fed 56

PYMNTS

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a press release Wednesday (Nov. ” PNC Treasury Management added that the solution does not require a change in buyer behavior. “Almost all U.S. Christopher Ward.

Commercial Card 46

Commercial Card CVV2 Treasury Management EMV 46

PYMNTS

NOVEMBER 2, 2016

Reports by Financial Times on Tuesday (Nov. Treasury, last year, 26 percent of the 324,000 SMEs that applied for a bank loan saw their initial applications turned down. ’s bank referral scheme has officially kicked off. The initiative was first proposed in 2014 as a way to make up for the nearly $4.9 According to the U.K.

Small Business 74

Small Business NOV Finance Treasury 74

PYMNTS

NOVEMBER 16, 2017

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. According to a MarketWatch report published on Tuesday (Nov. Department of Treasury, Wells Fargo failed to do so — or to do it in a timely manner — on 50 or more occasions between March 2012 and June 2013. .

Suspicious Activity Report (SAR) 53

Suspicious Activity Report (SAR) Consumer SARS Credit Cards 53

PYMNTS

NOVEMBER 10, 2020

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. On another note, Colorado-based cryptocurrency exchange ShapeShift has delisted privacy coin Zcash (ZEC), after delisting monero (XMR) and dash (DASH) on Friday (Nov.

CBDC 67

CBDC Use Case Privacy Cryptocurrency 67

PYMNTS

NOVEMBER 14, 2017

Opus Bank announced news of a new chief financial officer on Monday (Nov. Carrillo, Opus’ current executive vice president and CFO, has resigned effective Nov. The financial institution (FI) said Nicole M. Thompson is coming on board as Opus’ new EVP and CFO and will join its executive committee as well.

NOV 43

NOV Treasury Management Treasury Risk Management 43

PYMNTS

NOVEMBER 15, 2017

According to a MarketWatch report published Tuesday (Nov. Department of Treasury, Wells Fargo failed to do so — or to do it in a timely manner — on 50 or more occasions between March 2012 and June 2013. . 14), though broker-dealers are required to file suspicious activity reports (SARs) to the U.S.

Suspicious Activity Report (SAR) 62

Suspicious Activity Report (SAR) Money Laundering AML SARS 62

PYMNTS

NOVEMBER 15, 2019

The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said on Friday (Nov. Treasury-led Financial Action Task Force (FATF) recently released new guidelines concerning crypto as well. 15) that the U.S. The amount of money laundering crime may exceed $4.3 billion this year.

Travel Rule 55

Travel Rule Rules Fincen Money Laundering 55

PYMNTS

DECEMBER 6, 2018

in the week ended Nov. Treasury rates continued to slide last week, driven mainly by concerns over slowing global economic growth and U.S. Treasury rates continued to slide last week, driven mainly by concerns over slowing global economic growth and U.S. This was the strongest showing since the week of Oct. percent to 836.4

NOV 45

NOV Adjustments Non-Bank Treasury 45

PYMNTS

NOVEMBER 2, 2017

The proposal comes in the wake of multiple small business banking scandals , reports in the Financial Times said Wednesday (Nov. I would much prefer that this process is not done on a voluntary basis,” Bailey told the Treasury select committee, according to the Financial Times article. “It’s

Small Business 51

Small Business Authorization Disputes NOV 51

PYMNTS

NOVEMBER 4, 2019

Citigroup is planning to roll out a high-interest savings account option for users of its American Airlines co-branded credit card, CNBC reported on Monday (Nov. Citigroup had a flat third quarter last month, but reported year-over-year gains in treasury and trade solutions services for that period.

Treasury 40

Treasury API Credit Cards NOV 40

PYMNTS

NOVEMBER 1, 2019

legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. Parliament’s Treasury Select Committee said in a report that in the first six months of 2019, consumers were scammed out of roughly $777 million (£600 million).

Regulations 42

Regulations Treasury Payments NOV 42

PYMNTS

NOVEMBER 14, 2018

D&B published its report on Tuesday (Nov. 13) after surveying finance professionals who attended the Association for Financial Professionals’ 2018 Treasury & Finance Conference held last week, according to a press release.

Cash Management 46

Cash Management Treasury NOV Finance 46

PYMNTS

NOVEMBER 15, 2019

The director of the Financial Crimes Enforcement Network (FinCEN), Kenneth Blanco, said on Friday (Nov. Treasury-led Financial Action Task Force (FATF) recently released new guidelines concerning crypto as well. 15) that the U.S. The amount of money laundering crime may exceed $4.3 billion this year.

Rules 50

Rules AML Travel Rule Fincen 50

PYMNTS

NOVEMBER 26, 2019

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

Treasury Management 52

Treasury Management NOV Treasury Cash Management 52

PYMNTS

NOVEMBER 19, 2019

Wells Fargo has launched an integration with the RTP network, enabling its business clients to send real-time payments, Wells Fargo announced in a press release on Tuesday (Nov. Using an application programming interface (API), corporate customers can send money immediately.

RTP 40

RTP Payment APIs and Integration Real Time Payments Treasury 40

PYMNTS

NOVEMBER 20, 2019

Planet Biometrics reported on Wednesday (Nov. 20) that its updated finger vein scanner, the Barclays Biometric Reader (BBR), which integrates Hitachi’s VeinID technology, will be deployed for corporate clients of Citi’s Trade and Treasury Services unit.

Authentication 49

Authentication NOV Treasury Security 49

PYMNTS

NOVEMBER 7, 2016

38% of SMB owners “very concerned” about presidential election , and their anxieties will have to persist until voters head to the polls Tuesday (Nov. The statistic, released by East & Partners in its Treasury FinTech Index , reveals that the U.S. 26% of U.S.

Small Business 74

Small Business AFP Finance Cash Management 74

Fintech Labs Insights

NOVEMBER 1, 2024

Online Digital Banks for Small Business (SMB) Nov 2024 Digital vs Traditional Banking: What’s Right for Your Small Business? Online Digital Banks for Small Business (SMB) Nov 2024 Digital vs Traditional Banking: What’s Right for Your Small Business? Related Stories Top 9 U.S.

NOV 15

NOV Small Business Checks Accounts 15

PYMNTS

NOVEMBER 24, 2020

Plus, Sleek raises $4 million, JAGGAER upgrades its treasury management tool and AWS teams with Orange Business Services to accelerate corporates' digital cloud migrations. The new offering is designed to assist business customers in streamlining and optimizing costs paid through the bank’s commercial cards, according to a Monday (Nov.

B2B 52

B2B Commercial Card Due Diligence NOV 52

PYMNTS

NOVEMBER 8, 2019

CashPro is targeted to corporate treasury departments and small to medium-sized businesses (SMBs). On Monday (Nov. They can make payments in the billions of dollars on smartphones using the bank’s CashPro app, according to a report by Bloomberg. One company completed a $1.6 That rate is about double from the previous year.

Payments 44

Payments NOV Treasury Transactions 44

PYMNTS

NOVEMBER 2, 2017

The bank announced news on Wednesday (Nov. Bank Executive Vice President and Head of Global Treasury Management Rich Erario in another statement. Bank is innovating using new payment technology to provide clients with effective ways of optimizing working capital and reducing overall processing costs,” said U.S.

Zelle 40

Zelle P2P Venmo Payee 40

PYMNTS

NOVEMBER 4, 2019

The Chancellor and Prime Minister agreed not to take forward the budget on [Nov. It is usual practice for the finance bill to follow a budget,” Bloomberg quoted a spokesman for Her Majesty’s Treasury. The bill has proposed a 2 percent tax on revenues for firms as diverse as Facebook and Amazon. Separately, but also in the U.K.,

Federal Trade Commission 40

Federal Trade Commission Treasury Privacy NOV 40

PYMNTS

NOVEMBER 13, 2018

More recently, The Global Treasurer and CGI released a report on Monday (Nov. Continued declines in corporate satisfaction with their banks and current product offerings have treasurers flocking to treasury workstations. 12) that further highlighted a disconnect between banks and corporates.

Payment APIs and Integration 51

Payment APIs and Integration Non-Bank Treasury FinTech 51

PYMNTS

NOVEMBER 14, 2017

Researchers announced East & Partners’ new report, “Financial Technology and the Corporate,” on Monday (Nov. A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use.

FinTech 71

FinTech Money Laundering On-Demand NOV 71

Fintech Labs Insights

JANUARY 13, 2025

million (Nov. 2024; SimilarWeb ) <<<< Most website traffic Employees: 999 ( Pitchbook ), up 117 since Nov, up 117 since Aug, up 271 since March, up 318 since January, up 330 since August 23 Social Articles: 20 (Crunchbase) LinkedIn 58,000 followers (1,029 up 42 since Dec, up 77 since Sep, up 223 since May) iOS app : 4.9

Small Business 28

Small Business NOV Checks Online and Mobile Banking 28

PYMNTS

NOVEMBER 18, 2016

Reports Thursday (Nov. European corporate treasurers are ready to react to the threat of more bank fees on their corporate accounts, new analysis found. 17) by Euromoney explored how continually low interest rates are pressuring financial institutions in Europe to impose charges on corporate deposits.

NOV 55

NOV Cash Management Continuity Product 55

Fintech Labs Insights

MAY 27, 2025

million ( SimilarWeb , Jan 2025) Employees: 591 ( Pitchbook ), down 27 since Sep 24, up 7 since Jan 24, up 13 since Nov 23, up 16 since May 23 Articles: 133 (Crunchbase) Linkedin : 60,000 followers (566 employees, down 24 since Sep 24, down 42 since Jan 24, down 16 since Nov 23) Trustpilot : 4.2 8,380 reviews, up 180 since Sep) 3.

Small Business 29

Small Business NOV Acquirers Origination 29

Fintech Labs Insights

APRIL 22, 2025

million ( SimilarWeb , Jan 2025) Employees: 591 ( Pitchbook ), down 27 since Sep 24, up 7 since Jan 24, up 13 since Nov 23, up 16 since May 23 Articles: 133 (Crunchbase) Linkedin : 60,000 followers (566 employees, down 24 since Sep 24, down 42 since Jan 24, down 16 since Nov 23) Trustpilot : 4.2 8,380 reviews, up 180 since Sep) 3.

Small Business 29

Small Business NOV Acquirers Origination 29