Fintech Finance

MARCH 25, 2025

SUNRATE , the global payment and treasury management platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025.

Payment Solutions 59

Payment Solutions Global Payments Payment APIs and Integration Direct Deposit 59

PYMNTS

APRIL 29, 2020

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. Borrowers must certify 75 percent of the money was spent on payroll. While the SBA saw its budget grow with $2.8

Audit 141

Audit Request for Comment Payroll Treasury 141

PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

PYMNTS

NOVEMBER 18, 2020

Although PYMNTS/Ingo data found that fewer than 10 percent of consumers would rather receive checks than instant payments, checks are often the only option for corporate payouts, insurance disbursements or payroll payouts. Moreover, Ingo’s Edwards noted, companies are looking — increasingly impatiently — at their treasury-banking partners.

Instant Payments 87

Instant Payments Treasury Visa Payments 87

Fintech Finance

JULY 24, 2024

By joining forces, Papaya and Cegid offer clients the technology and expertise to streamline their global payroll and payments through a single platform, manage workers in all employment models (full time, part time, contractors), and deliver accurate, compliant, and on time payments to over 160 countries.

Payroll 97

Payroll Treasury Compliance Addressing 97

Fintech Review

MAY 4, 2025

Stripe Treasury Powers embedded financial services by enabling platforms to create bank accounts, move money, and manage compliance. Treasury Prime Provides direct bank relationships combined with a flexible API platform for deposits, payments, and ledger services. Here are the top players: 1.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

OCTOBER 6, 2017

Experts warn some companies could be missing a huge area prone to data hacks: payroll. Last week, Baer reported on the American Payroll Association’s Fall Forum, which focused heavily on payroll security. Payroll departments should adhere to these rules too, according to reports from Bloomberg BNA.

Payroll 55

Payroll Cybersecurity Data Breach Treasury 55

PYMNTS

SEPTEMBER 27, 2020

But the Small Business Administration (SBA) program that promised loan forgiveness as long as SMBs used 60 percent toward payroll and 40 percent to other allowable expenses, has yet to forgive a single loan, Politico reported. Department of the Treasury for a lack of communication on how to proceed. Banks blamed the SBA and the U.S.

Treasury 127

Treasury Small Business Payroll Rules 127

Finextra

JULY 24, 2024

Papaya Global, the ultimate workforce payroll and payments platform, and Cegid, a European leader in cloud management solutions for professionals in the finance (treasury, tax, ERP), human resources (payroll, talent management), accountancy, retail and entrepreneurship sectors, today announced their partnership offering clients a holistic solution (..)

Payroll 52

Payroll Treasury Payments Finance 52

Fintech News

MAY 11, 2025

It also offers services and products to businesses such as accounts, expense cards, and payroll. At the core of Thunes offering is its SmartX Treasury System and Fortress Compliance Platform, which provide enhanced control, visibility, and regulatory assurance across all transactions. The company is currently valued at US$5.5

Cross-Border Payments 120

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 120

PYMNTS

NOVEMBER 8, 2020

Among problems cited by the SBA, according to WSJ, were forged companies getting money; companies getting money even though their payrolls exceeded the 500-worker cap that applied in most instances; and companies getting money even though they were prohibited to do so because of pre-existing debts to the government.

Money Laundering 108

Money Laundering Payroll Treasury Financial Crimes 108

PYMNTS

MAY 7, 2020

Treasury Department. The SBA and Treasury have ordered companies applying for the forgivable bailout money to certify federal assistance was necessary. Some of it, the company said in the lawsuit, has been spent to keep about 70 employees on payroll. Per the report, the SBA and Treasury did not respond to requests for comment.

Treasury 60

Treasury Request for Comment Small Business Returns 60

PYMNTS

MAY 7, 2020

Treasury Department. On April 23, Treasury provided the latest guidance for the Small Business Administration (SBA) PPP initiative crafted to shore up small and medium-sized businesses (SMBs) amid the COVID-19 pandemic. Most SMBs say roughly 15 to 20 percent of costs are payroll-related.”.

Returns 79

Returns Rules Treasury Payroll 79

PYMNTS

APRIL 29, 2020

The Treasury Department, for its part, is feverishly seeking to find a method to get hundreds of millions in funds from large companies that applied for the loans and attained them under the original terms of the program, The New York Times reported. Treasury Guidance. Fiesta has a market cap in excess of $205 million.

Treasury 58

Treasury Returns Small Business Caps 58

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

FEBRUARY 4, 2020

At the time, Sheley said both companies would promote “the ability to move money globally and efficiently, and at scale, making it simple for originators, [treasury banks and service providers] to do all this through a single connection. If you are a treasury bank, you have to operate in both of those spaces,” he explained.

Cross-Border 100

Cross-Border Cross-Border Payments Treasury Push-to-Card 100

Fintech News

OCTOBER 10, 2024

Meanwhile, major banks like HDFC Bank and Yes Bank are modernizing and digitizing their treasury operations to enhance efficiency, accuracy and security. This move aims to enhance efficiency, reduce costs, and improve the security of trade finance transactions.

Payment APIs and Integration 123

Payment APIs and Integration Innovation Push-to-Card API 123

PYMNTS

JULY 29, 2020

Congressional members from both parties said businesses taking loans from the Paycheck Protection Program (PPP) should be allowed to deduct related expenses, like payroll, from taxes. Treasury Secretary Steven Mnuchin was opposed to the deductions, according to a source WSJ spoke with.

Treasury 86

Treasury IRS Laws Small Business 86

Fintech Review

APRIL 19, 2025

For instance, a payroll platform no longer just handles payslips. A treasury management SaaS doesnt only reconcile cash, it connects to foreign exchange hedging, liquidity planning, and yield optimisation. They aim to reduce switching costs and eliminate the friction of fragmented systems.

Finance 94

Finance FinTech Embedded Finance Payment APIs and Integration 94

Finovate

MAY 22, 2025

Network participants can enroll as originating financial institutions (OFIs) and/or beneficiary financial institutions (BFIs) for: B2B supplier payments Cross-border remittances Treasury and global cash consolidations Recurring enterprise payments, including subscriptions Payroll and mass disbursements CPN hinges on demand for dollar-backed stablecoins (..)

Payment Networks 52

Payment Networks Cross-Border Payments Cross-Border Stablecoins 52

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. First Horizon Mixes Rails for Faster Treasury Payments. First Horizon is collaborating with Interchecks to launch its ClearPath Fast Payments service for corporate treasurers.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

MAY 22, 2020

real-time payments void has hurt commerce, too, as PYMNTS research finds that close to 39 percent of small to mid-sized businesses (SMBs) have reduced payrolls to help relieve cash flow stress, and nearly 30 percent simply went under. The Paycheck Protection Program (PPP) disbursement fiasco, coupled with the U.S. Problem No.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

PYMNTS

MAY 22, 2020

The solution, available through Citi Treasury and Trade Solutions (TTS), launched in February of last year in North America and in six countries across Europe. As more enterprises embrace work-from-home models, and as people are not physically present to make treasury management decisions, data can act as a great unifier. The Journey.

Treasury 93

Treasury Online and Mobile Banking Treasury Management Process 93

PYMNTS

MAY 12, 2020

The SBA will forgive PPP loans if 75 percent of the money is used to keep all employees on the payroll for eight weeks. Funds can also be used for payroll, rent, mortgage interest or utilities. The first round of funding that opened April 3 with $350 billion was depleted in under 14 days. . The Paycheck Protection Program is working.

Small Business 70

Small Business Payroll Audit Credit Union 70

The Fintech Times

APRIL 12, 2025

The past year has seen numerous traditional banks capitalising on the embedded finance market; JPMorgan Chase and Goldman Sachs recently formed partnerships with embedded finance fintechs Gusto and Modern Treasury, respectively, to offer banking customers the ability to embed payroll services, help companies add payments to products, and more.

Embedded Finance 78

Embedded Finance Finance Payment APIs and Integration Non-Bank 78

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 Payments Payroll Credit Cards 52

PYMNTS

APRIL 2, 2020

But the devil is always in the details — in this case around verifying firm’s payroll numbers, whether loans have to be approved and how exactly firms can prove they are eligible for the loan forgiveness built into the program. Points of Clarification. has ever seen or offered. “If Speight explained.

Payroll 99

Payroll Underwriting Money Laundering Governance 99

Fintech News

MAY 23, 2024

#2 Bank of China Bank of China Ltd, established on February 5, 1912, is headquartered in Beijing, China, and provides banking and financial services across several segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Others. 5 China Construction Bank China Construction Bank Corp.

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

PYMNTS

APRIL 27, 2020

Treasury rolled out its latest Paycheck Protection Program (PPP) funding to rescue small- to medium-sized businesses (SMBs), the Los Angeles Lakers returned $4.6 The Lakers qualified for and received a loan under the Payroll Protection Program,” the Lakers said in a statement to ESPN. As the U.S. But on Monday, Sen.

Returns 82

Returns Treasury Small Business Payroll 82

PYMNTS

MAY 19, 2020

In a joint appearance before the Senate Banking Committee , Federal Reserve Board Chairman Jerome Powell and Treasury Secretary Steven Mnuchin praised the $2 trillion CARES Act Tuesday (May 19) saying the swift, bipartisan measure is providing much-needed credit to taxpayers, businesses, states and municipalities.

Federal Reserve 72

Federal Reserve Payroll Economy Treasury 72

PYMNTS

MAY 26, 2020

Treasury have refined the plan’s rules and parameters several times over the past few months. In its original incarnation, the PPP would “forgive” any loans made if a company avoided layoffs and used 75 percent of the money for costs like employee payroll. While only 32.7

Returns 79

Returns Audit Payroll Treasury 79

PYMNTS

APRIL 17, 2020

Treasury Secretary Steven Mnuchin said in a joint statement. . From its start on April 3, PPP provided payroll assistance to more than 1.6 “Following its launch, the SBA processed more than 14 years’ worth of loans in less than 14 days, which will protect a vast number of American jobs,” SBA Administrator Jovita Carranza and U.S.

Small Business 87

Small Business Payroll Treasury Governance 87

PYMNTS

JANUARY 23, 2020

Corporates, too, are beginning to explore opportunities in real-time transactions in areas like payroll and intra-company payments. “The challenge for the treasury manager is to be able to understand, right now, where all their cash sits across the various markets and time zones around the world,” he said. ”

Real Time Payments 96

Real Time Payments Liquidity Management Treasury FedWire 96

PYMNTS

DECEMBER 10, 2020

helps to process payments, merchant services and other solutions such as prepaid debit cards and payroll cards. -based TSYS, the third-largest third-party payment processor for financial institutions in the U.S., The company was acquired by Global Payments Inc. Krebs said the attack came on Dec.

Ransomware 90

Ransomware Posting Debit Card Cybersecurity 90

PYMNTS

APRIL 29, 2020

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury Secretary Steven Mnuchin said.

Audit 61

Audit Small Business Payroll Treasury 61

PYMNTS

SEPTEMBER 21, 2016

According to the report, the majority of treasurers and financial professionals (57 percent) said they plan to use Same Day ACH for last-minute bill payments, while 38 percent said they would use the tool for emergency payroll. It remains to be seen whether Same Day ACH will redirect the trend of paper check use back into decline.

Same Day ACH 76

Same Day ACH ACH Checks B2B 76

PYMNTS

APRIL 7, 2020

The Federal Reserve is collaborating with the Treasury Department to develop a new facility to help small and medium-sized businesses (SMBs) stay afloat as the coronavirus pandemic continues, according to a report in the Wall Street Journal (WSJ). Some loans will be forgiven as long as the borrowing businesses don’t lay anyone off. .

Fed 60

Fed Federal Reserve Treasury Small Business 60