At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional databases, where data is stored in a centralized system, blockchain distributes data across a network, ensuring no single point of...
Blockchain is entering its institutional era. And the enterprise treasury function is all eyes and ears to the innovation. For example, news came this week that enterprise software maker MicroStrategy, whose business mission includes buying bitcoin, sold 13.6 million shares, tapping the public markets explicitly...
CFOs’ and treasurers’ offices are among the most difficult stops on the digital roadmap in finance and yet are part of the corporate C-suite that oversees the most critical function: day-to-day cash flow management. For forward-thinking corporates — and the financial institutions serving them —...
Today’s B2B businesses want digital solutions to deliver efficiency without compromising on security. While that may be a tall order, modern solutions aimed at everything from smarter cash flow tools to fraud-busting artificial intelligence (AI) systems are increasingly delivering it. It’s now a digital-first world,...
November 22, 2024
Treasurers play a vital role in healthcare firms by managing liquidity and influencing financial health. But how often is their expertise underutilized due to limited interdepartmental collaboration? Healthcare treasurers report significant barriers preventing them from fully contributing to strategic decisions. The consequences? Reduced cash flow predictability and missed opportunities for financial optimization. The latest PYMNTS […]
November 20, 2024
Blockchain is entering its institutional era. And the enterprise treasury function is all eyes and ears to the innovation. For example, news came this week that enterprise software maker MicroStrategy,...
November 12, 2024
In the post-COVID world, corporates are faced with what should be an easy decision: creating better value for the organization, speeding time to new markets and creating new business models....
November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business...
November 13, 2024
DebtBook has debuted a tool designed to help customers manage cash flow and liquidity. The company, which makes cloud-based software solutions for governments and nonprofits, debuted its Cash Management solution Wednesday (Nov. 13), saying this tool is designed for cash managers, treasurers and finance teams. “The introduction of Cash Management represents an important milestone in […]
November 06, 2024
FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. The goal of the partnership is to explore innovations in tokenized deposits for global treasury management...
October 21, 2024
Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year. The Guaranteed FX Rates offering simplifies the management of FX risk associated...
September 23, 2024
Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is an offering called Cash Builder,...
