Payments Archives - Page 2 of 13 - CFO

Square CEO Opposes FinCEN’s Proposed Crypto Rules

Risk & Compliance

Square CEO Opposes FinCEN’s Proposed Crypto Rules

Jack Dorsey says the new rules will drive cryptocurrency users to use unregulated third-party wallets, including ones hosted outside the United States.

By Lauren Muskett | January 5, 2021

As Bitcoin Shoots Past $22K, Some Analysts Can See It Reaching $30K

As Bitcoin Shoots Past $22K, Some Analysts Can See It Reaching $30K

“Settle in, because we will be visiting the $20-$22K level at least half a dozen times before we break through to the $30K range later in 2021.”

By Lauren Muskett | December 17, 2020

Bitcoin Spikes Above $15,000

Bitcoin Spikes Above $15,000

"The market is thin and manipulated, and every price change is fully explained by internal market issues."

By Lauren Muskett | November 5, 2020

PayPal to Allow Cryptocurrencies

PayPal to Allow Cryptocurrencies

Customers will be able to buy, sell, and hold virtual coins, including bitcoin, using the company’s online wallets.

By Lauren Muskett | October 21, 2020

JPMorgan Takes Aim at Top Fintech Players’ SMB Market Share

JPMorgan Takes Aim at Top Fintech Players’ SMB Market Share

The bank’s QuickAccept service allows businesses to take card payments with no fee, and sales will hit their Chase accounts on the same day.

By Lauren Muskett | October 21, 2020

PayPal Crushes Estimates, Posts 25% Sales Gain

PayPal Crushes Estimates, Posts 25% Sales Gain

“Our record performance in the second quarter — our strongest quarter ever — reaffirms the relevance of PayPal in the unfolding digital future."

By Matthew Heller | July 30, 2020

Mastercard to Buy Finicity

Mastercard to Buy Finicity

The companies said the deal would strengthen Mastercard’s "open banking" capabilities.

By Vincent Ryan | June 23, 2020

Wirecard CEO Resigns Amid Cash Mystery

Risk & Compliance

Wirecard CEO Resigns Amid Cash Mystery

Markus Braun's departure came a day after the German fintech firm disclosed it was missing $2 billion in cash.

By Matthew Heller | June 22, 2020

Metric of the Month: Days Sales Outstanding

Working Capital

Metric of the Month: Days Sales Outstanding

Strategies for faster payment collection in a cash-strapped crisis.

By Perry D. Wiggins, CPA, | May 4, 2020

Dynamic Cash-Flow Forecasting — A Must-Have in Times of Crisis

Working Capital

Dynamic Cash-Flow Forecasting — A Must-Have in Times of Crisis

A cash-flow model should be dynamic, easily updated for changing conditions, and able to support iterative scenario analysis.

By David Lewis | March 31, 2020

Metric of the Month: Detect and Prevent Duplicate or Erroneous Payments

Metric of the Month: Detect and Prevent Duplicate or Erroneous Payments

Duplicate or erroneous payments can be financially damaging, but they can be prevented.

By Perry D. Wiggins, CPA | March 3, 2020

Fintech Varo Wins FDIC Approval To Take Deposits

Fintech Varo Wins FDIC Approval To Take Deposits

The company said the approval was “a significant step in [its] application process for a national bank charter.”

By Vincent Ryan | February 11, 2020

Metric of the Month: Total Cost to Manage and Process Collections

Metric of the Month: Total Cost to Manage and Process Collections

Smart companies take a strategic approach to spend less on collections.

By Perry D. Wiggins, CPA | February 4, 2020

Digital Dollar Project Envisions a Fed-Issued Digital Currency

Digital Dollar Project Envisions a Fed-Issued Digital Currency

The digital dollar would be distributed through commercial banks and other trusted payment processors.

By Lauren Muskett | January 23, 2020

Grayscale Bitcoin Trust Becomes An SEC Reporting Company

Grayscale Bitcoin Trust Becomes An SEC Reporting Company

Grayscale offers its services as an asset manager to accredited investors seeking to invest money in bitcoin as a security.

By Vincent Ryan | January 22, 2020