Bitcoin Breakdown: Canada First Nation to Regulate Bitcoin
Canada gave royal assent to Bill C-31 last week, becoming the first country to regulate Bitcoin and other virtual currencies. Some nations have weighed in on Bitcoin on a case-by-case basis, including a recent ruling by the Internal Revenue Service, while others, including Japan, are taking a wait-and-see attitude. Not Canada.
European Treasurers Share Concerns over Bitcoin
Last week at the annual General Assembly of the Association of Corporate Treasurers—Suisse Romande (ACTSR) in Geneva, Switzerland, a representative from the Bitcoin Foundation gave a presentation on Bitcoin. The presentation led to a candid discussion among European treasurers about the controversial virtual currency.
Attracting and Retaining Treasury Staff in a Time of Uncertainty
Several factors are contributing to the current state of uncertainty in the U.S. economy. How can corporates navigate those challenges as they attempt to develop and maintain an effective treasury staff?
December 2013 Payments Newsletter
This month, we received the ruling on Visa’s and MasterCard’s multibillion dollar settlement over interchange. While the settlement was approved, many retailers are still opposed to it and plan to appeal. Also this month, we review a recent Senate hearing on bitcoin and virtual currencies, which Payments attended.
Case Study: Implementing an ERP System
When Forest City first implemented its enterprise resource planning (ERP) system in 2007, treasury was only a small piece of the initial “go live,” and many of its processes remained manual. In 2012, Forest City launched “Project Connect,” an effort to connect the procurement, treasury and debt functionalities within the ERP system.