PYMNTS

AUGUST 9, 2019

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. 8) that three unnamed sources revealed Citi is advising on the process as GPS, which provides foreign exchange services to mitigate FX risk for corporate clients, seeks a buyer. corporates lost a combined $23.39

Foreign Exchange 43

Foreign Exchange Marketing Sales B2B 43

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

Future CFO

MAY 26, 2022

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. I sell services to you, what's the price, and then it (price) gets converted to the local currency plus tax and so on.

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

PYMNTS

SEPTEMBER 4, 2018

One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

OCTOBER 8, 2019

CitiDirect BE’s mobile banking solution will enable finance professionals to better manage MMF portfolios by leveraging innovative data tools to support their tactical decision-making and risk management processes. Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

AUGUST 29, 2017

The role of corporate treasurer now expands beyond handling foreign exchange volatility. Most professionals said geopolitical risk has led to concerns over a loss of revenue or customers, while 49 percent cited the concern over currency risk.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

PYMNTS

MARCH 2, 2016

To achieve this, Ripple is placing its bets on XRP, a digital currency that the firm argues will be instrumental as a bridge asset to facilitate interbank transactions. It’s a currency that allows financial institutions to ditch the nostro account and instead keep XRP on their own balance sheets. Cost-Saving Opportunities .

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

APRIL 18, 2016

So, while some payments companies are focusing on shaving hours off of the transfer of funds, there is also time to be shaved off of this exchange of information, too. Perhaps one of the broadest aspects of cross-border trade that depends on information is foreign exchange risk mitigation. Exposure To Risk .

Foreign Exchange 40

Foreign Exchange Invoicing B2B Currencies 40

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

Future CFO

NOVEMBER 2, 2023

One of the product's capabilities allows users to lock and hold an FX rate for up to 24 hours and settle FX conversions on a future scheduled date, which helps businesses mitigate the risk of currency fluctuations and improve cash flow, the firm added.

Currencies 52

Currencies Foreign Exchange Marketing Cash Management 52

Future CFO

SEPTEMBER 23, 2019

“Through a combination of gpi and domestic real-time payments networks, we together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while also ensuring ubiquitous availability of instant cross-border payments globally,” SWIFT said in a statement.

Foreign Exchange 40

Foreign Exchange Banking Currencies Technology 40

Future CFO

JANUARY 21, 2021

One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure. Steven Ho, finance director at TVS Asianics, noted that his business does a “fair bit of transactions in foreign currencies.” Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

Future CFO

AUGUST 22, 2019

“The HKD is governed by a linked exchange rate system, which is written into the Basic Law of the Hong Kong Special Administrative Region,” she said. What can be changed is the linked currency, which is now the US dollar, and the range of the linked exchange rate level.”. Interest rates will then rise versus the greenback.

Banking 40

Banking Currencies Forecasting Foreign Exchange 40

Global Finance

JULY 26, 2024

Staying ahead of the cash management game is vital for treasurers facing multiple challenges, such as economic and political uncertainties, and our award winners are best positioned to do just that.

Cash Management 93

Cash Management Treasury Compliance Banking 93

Global Finance

JUNE 6, 2024

FAB also launched a sustainability-linked current account for businesses to support clients in achieving environmental, social and governance objectives by contributing to sustainable developments, integrated into their everyday cash management and a sustainability-linked supply chain finance offering.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

NOVEMBER 16, 2018

The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

SEPTEMBER 18, 2018

Despite all the negative news, despite all the political and trade tensions, despite all the currency declines, there are reasons for optimism for merchants, wholesalers, manufacturers and other businesses. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability? China, the U.S.

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62

PYMNTS

SEPTEMBER 24, 2019

According to SWIFT, the capability focuses on boosting transparency of foreign exchange and other fees for payers while promoting ubiquity by operating a real-time payments service on existing rails. Payments messaging firm SWIFT announced Monday (Sept. It’s also new players in the market. million in grant funds, awarded by the U.K.’s

Foreign Exchange 73

Foreign Exchange Banking Cash Management Currencies 73

PYMNTS

FEBRUARY 26, 2016

Business owners may be experts in their particular industries, but that doesn’t mean they’re always familiar with some of the back-end processes of running a company, like cash management and investing. But, for SMERGERS, this meant implementing a way for investors and sellers to conduct their business in their own local currencies.

Foreign Exchange 52

Foreign Exchange Valuation Currencies Sales 52

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Faster Payments.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

Global Finance

DECEMBER 26, 2024

Amid consistently high geopolitical tensions, a shifting interest rate environment in developed and developing economies, and the increasing threat of tariffs impacting global trade, one thing is sure: Top-level foreign exchange (FX) management has seldom been as pivotal to businesses as it is today.

Foreign Exchange 87

Foreign Exchange Banking Currencies Marketing 87