Remove B2B Remove Currencies Remove Prioritization Remove Treasury
article thumbnail

How Digital Assets Could Reshape The Future Of Corporate Treasury

PYMNTS

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said. “As

article thumbnail

Citi On Treasury’s Real-Time Reality

PYMNTS

Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. Indeed, the broader embrace of real-time payments, and real-time management of treasury functions, will take a little time, as savvy observers have prognosticated. on Friday, he said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

For Corporates, Cross-Border Payments Innovation Isn’t All About Speed

PYMNTS

Others, like Visa B2B Connect and SWIFT gpi , aim to transform it. B2B payments are full of friction that lead to delays in vendors receiving payment. With correspondent banking relationships on the decline, financial institutions are looking for new — and faster — ways of moving money around the world, too.

article thumbnail

Money Mover Warns UK SMEs To Lock In FX Rates

PYMNTS

Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. Analysis from WUBS found that the majority of SMEs weren’t actively strategizing to leverage the strength of their own local currencies. small businesses.

article thumbnail

How To Mitigate The Shock Of Brexit-Like Events

PYMNTS

But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. Treasury management technology firm Reval says Brexit makes it painfully clear that, for those businesses not conducting contingency and scenario planning, their financial situations are far less stable.

article thumbnail

The Events That Shook Forex Markets For Treasurers

PYMNTS

On the heels of the announcement of their partnership, Beeks’ McArthur discussed the forex trading space today and what makes it a challenging, never-before-seen ecosystem for corporate treasuries. People have to move currency, have to change currency, so forex transacting is changing very quickly because of globalization.”.

article thumbnail

CFOs Take A Macro View Of The Future

PYMNTS

Their investment strategies are also impacted by the issue of currency risks and inflation, both cited by about a fifth of survey respondents as a top macroeconomic concern. Low interest rates aren’t the only factor when it comes to how treasurers and CFOs prioritize their time.