PYMNTS

DECEMBER 30, 2020

Securities and Exchange Commission filed a lawsuit against Ripple Labs and some of its executives, alleging the company illegally skirted laws by classifying its XRP cryptocurrency as a commodity rather than a security, a Missouri man has sued Coinbase over its role selling XRP. 22 against Ripple Labs.

Missouri 160

Missouri cryptocurrency Security Retail 160

Abrigo

FEBRUARY 2, 2021

It also increases ag businesses’ long-term resilience to offset commodity instability and creates a strategic roadmap that benefits farmers, ranchers, and their financial partners, including lenders, insurers, and landowners. Ag businesses today are finding significant value in the form of renewable energy opportunities.

Lending 150

Lending Resources Course Trends 150

Abrigo

MARCH 22, 2023

In more complex systems, TBML sellers falsify invoices to undervalue or overvalue products’ price, quantity, or quality, repeatedly import and export the same commodity, or use shell companies and third-party intermediaries to facilitate transactions. See Part I: Implications for Community Financial Institutions.

Training 195

Training Fraud New Jersey Regulation 195

PYMNTS

NOVEMBER 25, 2020

Digital assets are reportedly seen as commodities and ruled by securities law in the country following an order on the topic earlier in the fall. As it stands, bitcoin and other digital currencies are seeing increasing use in Nigeria.

Bitcoin 276

Bitcoin blockchain Groups Security 276

PYMNTS

JANUARY 25, 2019

Reports in Business Times said the FI’s unit in Singapore has completed its first cross-border trade finance transaction using blockchain infrastructure from Distributed Ledger Technologies. Data that the parties could view on the platform include information about farming practices and commodities origins.

blockchain 173

blockchain Technology Capital Report 173

American Banker

DECEMBER 12, 2023

Within the bank, Ed Emerson, , who leads the commodities-trading business, is known as a vocal critic of CEO David Solomon's leadership.

Leadership 36

Leadership Industry 36

Bobsguide

SEPTEMBER 22, 2020

2020 looks to be a hallmark year for commodities as volatility in oil markets combined with uncertainty over future demand tests the Energy Trading and Risk Management (ETRM) solutions of businesses. Baris Ertan, managing director of global trading and commercial lead at Accenture said in an.

Marketing 88

Marketing Risk Management Management 88

PYMNTS

NOVEMBER 30, 2020

But he added that there’s already less friction involved in converting bitcoin, as it’s easier to exchange than many other assets like stocks, precious metals or commodities. “We're completely agnostic as to whether or not it's a fluctuating asset,” he noted. Wanted: Big Backers And Government Support.

Bitcoin 292

Bitcoin cryptocurrency Washington Security 292

PYMNTS

APRIL 12, 2019

Its goal is to ensure that all of the players in the agriculture value chain — from farmers to produce aggregators and financial institutions — can conduct business in a trusted environment. The system, in one case, links farmers to community produce aggregators as well as corporate commodity buyers.

Fintech 210

Fintech blockchain Resources System 210

PYMNTS

APRIL 2, 2019

The legal cannabis market continues to reach new milestones, the latest being the launch of the industry’s first commodity trading desk — with the latest service provider highlighting the opportunity in addressing the more nuanced challenges of an unfamiliar, emerging market. ” Beyond Banking Struggles.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

OCTOBER 5, 2020

Businesses and banks will begin using the platform by focusing on the Letter of Credit (LC) process, which the organization said is a longstanding, pivotal payment method with “one of the worst user experiences,” according to the announcement. Together we have designed and built the digital future for trade finance.”.

User Experience 188

User Experience Groups blockchain Online 188

Bobsguide

APRIL 12, 2019

Societe Generale’s (SocGen) closure of its commodities business is confirmation of a downward trend between large banks and the commodities market, say industry analysts and market participants. “The share prices told you that SocGen were one of the worst performers over the.

Trends 74

Trends Industry Marketing 74

PYMNTS

JULY 1, 2020

-based global financial institution that offers investment services to encourage private investment in developing countries, and Citi, the New York-based international investment bank, said the mission of the initiative is to support trade and help businesses cope with the devastation caused by COVID-19.

Marketing 232

Marketing Washington New York Fintech 232

PYMNTS

OCTOBER 22, 2020

Google has teamed with Unifiedpost on a collaboration that could allow Google's Procurement DocAI Solution applied on a much wider scale to over 400,000 businesses in Europe, a report from ZDNet says. Nelson Gonzalez , product manager at Google Cloud, said the area the partnership intends to tackle is a busy one.

Google 150

Google Data Analytics Trends 150

PYMNTS

SEPTEMBER 15, 2020

The Commodity Futures Trading Commission filed a complaint in a Texas U.S. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release.

Bitcoin 238

Bitcoin Texas blockchain Florida 238

Abrigo

AUGUST 30, 2022

High inflation rates, lingering supply chain issues from the pandemic, and war in Ukraine impacting oil and agricultural commodity prices are all challenges creating a less stable market than in years past. Member Business Lending. How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans.

Strategy 195

Strategy Lending Risk Management Analysis 195

American Banker

JULY 19, 2023

Canada, Brazil, Mexico, Colombia and Argentina, and is responsible for sales and trading businesses, foreign exchange, emerging markets, commodities derivatives and developed market rates. Heather Orrico manages 165 people in the U.S.,

Marketing 36

Marketing Management Industry 36

FICO

MARCH 17, 2021

Criminal organizations will exploit any sector, any commodity or service. Typical TBML common techniques include: False reporting on invoices, such as commodity misclassification, commodity over- or under-valuation. Repeated importation and exportation of the same high-value commodity, known as carousel transactions.

Study 98

Study United States Groups Trends 98

PYMNTS

JULY 1, 2020

-based global financial institution that offers investment services to encourage private investment in developing countries, and Citi, the New York-based international investment bank, said the mission of the initiative is to support trade and help businesses cope with the devastation caused by COVID-19.

Marketing 193

Marketing Washington New York Fintech 193

PYMNTS

APRIL 21, 2020

To support large business banking customers affected by COVID-19 in Britain, Barclays is rolling out its Coronavirus Large Business Interruption Loan Scheme. Customers can call into them to talk about economic impacts and “what we are seeing and expect to see in the FX and commodity markets, and supply chain impacts and options.”.

Lending 130

Lending Capital US Company 130

PYMNTS

NOVEMBER 11, 2019

Her Majesty’s Revenue and Customs updated its crypto taxation policy paper for businesses and individuals, stating clearly that it does not consider crypto to be a currency. In other news, the Queen of England isn’t a fan of a crypto — at least as a currency.

blockchain 109

blockchain Bitcoin Capital Taxes 109

Abrigo

NOVEMBER 13, 2015

Banks involved in ag lending understand that the volatility of the industry – unpredictable weather patterns, variable commodity prices and more – can often lead to higher amounts of risk compared to other concentrations. Throughout the process, consistency among lenders and analysts is key.

Lending 150

Lending Data Analysis Policies 150

PYMNTS

OCTOBER 1, 2020

The DOJ said BitMEX long handled and sought business from U.S. It said that the company was mandated to register the Commodity Futures Trading Commission as well as create and keep an “adequate” anti-money laundering (AML) effort, according to the release. 1) press release from the U.S. Department of Justice (DOJ). 1) announcement.

United States 135

United States Bitcoin National Technology 135

PYMNTS

APRIL 12, 2020

That includes commodity exporters such as oil, which has seen prices drastically fall as demand spirals down. The lack of a common strategy against the pandemic has ended up weakening businesses and consumers, and more cooperation between leaders will be needed going forward. While the U.S.

Report 189

Report Maine Strategy System 189

PYMNTS

OCTOBER 21, 2020

Lumin Digital’s cloud-native infrastructure will provide banking solutions to the 50,000-plus business and retail members of Interra Credit Union. Stampli has introduced its Stampli Direct Pay feature, which will allow businesses to make invoice payments with automated clearing house (ACH) from their own bank accounts.

Groups 148

Groups Digital Banking Capital Report 148

PYMNTS

OCTOBER 8, 2020

Some of Greensill’s clients have hit financial setbacks, like Singapore commodities trader Agritrade International and U.K.-listed based rent-to-own business Brighthouse, is in the midst of restructuring. listed NMC Health. Another client, U.K.-based Greensill said that it is not feasible, however, except for smaller suppliers.

Austin 140

Austin Policies Capital Tools 140

PYMNTS

APRIL 22, 2020

Seemingly there is no price that would entice buying, or critically, the use of the commodity. And if the commodity goes unused, it must be stored. And here, then is the ripple effect: While business, in general, loves lower cost inputs — energy among them, which can be variable and volatile, and can wreak havoc with margins.

Washington 150

Washington Study Course Management 150

TrustBank

JUNE 30, 2022

These asset classes include real estate, commodities, global infrastructure, and Treasury Inflation-Protected Securities, or TIPS. The asset classes reviewed were domestic large cap equity, fixed income (bonds), commodities, real estate, global infrastructure, and TIPS. of the time, commodities 70.4% of the time). of the time.

Strategy 52

Strategy Washington Study United States 52

Bobsguide

MARCH 30, 2022

the global leader in multibank connectivity and communications, has announced the expansion of its business development team, hiring Mark O’Toole to head its expansion efforts in North America. O’Toole has more than 20 years’ experience helping Fortune 500 companies solve complex commodity and treasury risk challenges.

America 60

America United States New York Conference 60

The Paypers

JUNE 8, 2021

The Mauritius Commercial Bank (MCB) has announced adopting MITECH ’s system TRAC (Trade Risk Active Control) to help its Commodity Trade Finance (CTF) business.

System 48

System 48

PYMNTS

OCTOBER 6, 2020

Commodity trade experts are teaming up now after a series of defaults in the city-state earlier in the year, the news outlet writes, but no other details were available. The effort could be the answer to the estimated $1.5 trillion trade finance gap, which experts say results from the lack of cooperation between participants in the field.

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social media Groups Fraud Operations 160

PYMNTS

JANUARY 13, 2020

INTL FCStone , a risk management and advisory service provider for players in the financial industry, announced a new acquisition to strengthen its small business foreign exchange and hedging offering. The takeover will enable INTL FCStone to connect GIROXX’s existing SMB customer base to its advisory services in commodities.

Risk Management 131

Risk Management Resources Payments Management 131

Abrigo

NOVEMBER 25, 2014

Clients of accounting services hold their accountants as one of their most trusted business advisors. This high level of confidence positions you, as a CPA, in a role where you can offer services beyond commodities such as bookkeeping and tax preparation.

Case Study 170

Case Study How To Study Taxes 170

PYMNTS

DECEMBER 9, 2020

XREX serves international companies that have business in developing economies, according to Medium post from CEO and Co-founder Wayne Huang. Blockchain trade technology firm XREX has rolled out a cryptocurrency Exchange-as-a-Service (EaaS) technology called MyXchange. as the FATF Travel Rule solution.

blockchain 175

blockchain Security cryptocurrency Regional 175

PYMNTS

MARCH 22, 2019

According to a report in The Wall Street Journal citing people familiar with the matter, plans for ICE, which owns the New York Stock Exchange, to roll out the bitcoin futures contract are being delayed by the Commodity Futures Trading Commission , which has to give its green light.

Bitcoin 116

Bitcoin Regulation cryptocurrency Boston 116

PYMNTS

JULY 15, 2016

Indian bank HDFC is exploring why small business growth in the country has flattened in the past few years, and one executive at the financial institution thinks he’s found the answer. His remarks counter other assessments that small business growth has stagnated because SMEs are burdened by too much debt on their balance sheets.

Lending 100

Lending Capital Report Payments 100

PYMNTS

OCTOBER 26, 2018

Visa’s chief executive officer Al Kelly doesn’t think cryptocurrencies are a threat to its business and is ready to implement systems that support it if it becomes more mainstream. But right now, it’s more of a commodity than a payment vehicle.”. Fiat currencies are ones that are issued and supported by governments, such as the U.S.

cryptocurrency 191

cryptocurrency Bitcoin Payments Retail 191