PYMNTS

NOVEMBER 23, 2020

Consumers are moving to digital payments and cryptocurrency in droves, and it’s inevitable that more central banks will issue digital forms of currency, PayPal CEO Dan Schulman said in a televised interview on Monday (Nov. PayPal isn’t the first large name in tech to jump on the digital currency bandwagon. 23) Benzinga report.

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Currencies Banking Numbers Accounting 143

PYMNTS

SEPTEMBER 9, 2020

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining financial stability as they issue the currency. In a Wednesday (Sept.

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Currencies Banking Securities Economics 132

CFO News

MARCH 17, 2025

This decision follows a Memorandum of Understanding signed between RBI and Maldives Monetary Authority in November 2024, aimed at promoting the use of local currencies for bilateral transactions.

Currencies 45

Currencies Banking 45

Global Finance

MARCH 1, 2025

At the end of January, on a vote of 55-2, El Salvadors Legislative Assembly passed modifications to the Bitcoin law, eliminating the word currency but keeping it legal tender. As part of a $1.4 The changes will take effect May 1, 90 days after the legislation appeared in the official newspaper.

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Currencies Finance Securities Economics 118

CFO Dive

JULY 8, 2024

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

Currencies 283

Currencies 283

CFO Dive

MAY 24, 2024

and elsewhere have turned to digital assets as an alternative to conventional currencies, according to Deloitte. A growing number of companies in the U.S.

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Currencies Numbers 269

CFO News

MARCH 16, 2025

State-owned Engineers India and MECON, alongside four private firms, have been shortlisted for RBI's project to modernize its currency management infrastructure. RBI seeks to address challenges faced by other central banks and ensure sustainable currency management.

Currencies 40

Currencies Securities Banking 40

Global Finance

DECEMBER 11, 2024

From a monetary perspective, traditionally Egypt was focused on fixing the foreign currency and protecting the Egyptian pound. Since March 2024, we have been focused on the inflationary effect, currency pricing is set according to market dynamics and so far, it has proven very successful.

Economics 105

Economics Investments Currencies Banking 105

Global Finance

OCTOBER 29, 2024

Nigeria’s central bank will automate foreign exchange (FX) trading starting in December, replacing the decade-old over-the-counter system to enhance transparency and liquidity in its currency markets. This shift is expected to level the playing field, reducing opportunities for bias and favoritism in foreign currency allocation.

Foreign Exchange 98

Foreign Exchange Currencies Economics Banking 98

CFO Talks

NOVEMBER 20, 2024

Handling Currency Complexity As a cross-listed company, your financial reports might be presented in multiple currencies, depending on the requirements of the exchanges. Consider hedging strategies to reduce the impact of currency fluctuations. Miscommunication here can lead to confusion or worse—a lack of trust.

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IFRS GAAP Currencies CFO 98

CFO Dive

OCTOBER 31, 2023

The dollar rose against other major currencies during the third quarter, eroding revenues at large companies such as Pfizer and Exxon Mobil, FactSet said.

Sales 265

Sales Currencies 265

CFO Dive

DECEMBER 6, 2022

As interest rates have risen against a backdrop of volatile equity and currency markets, lower-risk T-bills are drawing more interest.

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Currencies Marketing 258

CFO Dive

OCTOBER 10, 2022

and market volatility may sustain demand for the dollar, which has soared 18% against a basket of currencies in 2022. Rising interest rates in the U.S.

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Currencies Marketing 257

CFO Dive

JANUARY 27, 2023

The FASB is on track to issue proposed new standards for cyrpto currency by April. The imposion of crypto exchange FTX is likely to sharpen scrutiny of the project.

Currencies 258

Currencies 258

Global Finance

DECEMBER 26, 2024

Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks. A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

Global Finance

DECEMBER 26, 2024

Currency reserves could be as low as $200 million. The pound returned to its former value of 13,000 to the dollar. Raoufs longer-term challenges are more than daunting. According to the World Bank, Syrias economy has shrunk by 85% since its civil war broke out in 2011.

Finance 119

Finance Auditing Currencies Banking 119

CFO News

OCTOBER 23, 2024

BRICS nations have decided to boost trade using local currencies and explore new financial infrastructures. They agreed to study the feasibility of an independent cross-border settlement system and establish a BRICS reinsurance company. The New Development Bank will also be developed further.

Currencies 74

Currencies Banking 74

CFO News Room

JANUARY 18, 2023

Weeks before cryptocurrency exchange FTX filed for bankruptcy , dozens of young Nigerians in skintight dresses and brightly colored suits shimmied under limbo bars, posed for photos in front of the company’s logo and sipped expensive liquor at a swanky beachfront venue.

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Currencies Marketing Technology Investments 100

Global Finance

DECEMBER 5, 2024

Due to our passive position in foreign currency, motivated by our current financing, an exchange loss of 130 billion pesos was recorded, Pemex announced in a financial report. Pemexs total sales were 7.7% lower than in third-quarter 2023. The company blamed a 6.8% depreciation of the Mexican peso against the dollar.

Foreign Exchange 109

Foreign Exchange Concentration Budgeting Finance 109

Global Finance

DECEMBER 26, 2024

With FX risk management, adaptability is critical because every company has its own risk profile shaped by its market, currencies, and business model. Identifying exposures accurately is the foundation: knowing exactly where currency risks arise in revenues, costs, or balance sheet items is crucial to ensuring they can be managed effectively.

Treasury 59

Treasury Risk Management Currencies SAP 59

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Olga Skorobogatova, first deputy governor of the CBR, said 30 countries are working on their own national digital currencies, some of which could launch in five to seven years.

Banking 142

Banking Currencies Prioritization Technology 142

PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

Accounting 135

Accounting Banking Currencies Securities 135

Global Finance

DECEMBER 26, 2024

During such periods, investors redirect their portfolios quickly, seeking safe-haven currencies to lower their risk levels. This movement of capital to safer markets strengthens the strongest currencies and depreciates other currency pairs. GF: Is there a growing demand for currencies other than the US dollar?

Currencies 52

Currencies Risk Management Banking Finance 52

PYMNTS

SEPTEMBER 25, 2020

Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies. Mester noted the central bank had been looking into digital currencies even before the pandemic, “building and testing a range of distributed ledger platforms to understand their potential benefits and trade-offs.”

Currencies 132

Currencies Banking Securities Technology 132

PYMNTS

SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

Banking 138

Banking Currencies Leverage Technology 138

PYMNTS

JANUARY 25, 2021

The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. 25), said the bank is “exploring the possibility as to whether there is a need for a digital version of fiat currency,” the report stated, adding that it would put one into use if necessary.

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Banking Currencies Numbers Technology 127

Barry Ritholtz

MARCH 10, 2025

Can you elaborate on how people misunderstand the very purpose of currency? Enormous round stones are their currency. Q :“ From commodity money like gold to fiat currency to digital transactions – how has the evolution of money’s form changed or reinforced our fundamental misconceptions about what it is?

Currencies 78

Currencies Investments Entertainment Budgeting 78

Future CFO

NOVEMBER 19, 2024

Tay notes that Southeast Asia’s IPO market encountered significant regional challenges in 2024, including currency fluctuations, regulatory differences across markets, and geopolitical tensions, which affected trade and investment.

Marketing 98

Marketing Healthcare Currencies Numbers 98

CFO News

DECEMBER 2, 2024

Despite geopolitical tensions in the Middle East and a strong USD, the Indian Rupee remains one of the best-performing Asian currencies. Finance Minister Pankaj Chaudhary attributes this resilience to India's robust economic fundamentals. Global events and market factors continue to influence the INR-USD exchange rate.

Currencies 49

Currencies Economics Finance Marketing 49

PYMNTS

NOVEMBER 24, 2020

At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. Square and PayPal have reportedly been a major instigator in the price rally, buying large quantities of the digital currency. Bitcoin continued its price climb today (Nov.

Currencies 135

Currencies Investments Planning Marketing 135

PYMNTS

JANUARY 26, 2021

The tech will underpin the new global agreement between the two companies, which will allow TransferWise to expand its multi-currency debit cards throughout the Asia Pacific region, Europe, the Middle East, U.K. the release said. The secure connection will help do away with costly local connections.

Currencies 134

Currencies Securities Accounting Technology 134

Global Finance

MARCH 2, 2025

The key benefit of Benfords law is that it doesnt matter what kind of firm it ispublic, private, what accounting policies it follows, what currency it operates in, whether its loss-making, whether its a growth company, highly leveraged or no leverage at allmakes absolutely no difference.

Forecasting 112

Forecasting Auditing Accounting Profit and Loss 112

CFO Thought Leader

MARCH 25, 2025

He highlights Prologiss large global footprint, underscoring effective currency exposure management, the importance of ESG, and a focus on tangible cash flow. During the conversation, Arndt emphasizes the unique resilience of logistics real estate, comparing its atoms to the electrons of other disrupted sectors.

Net Present Value (NPV) 52

Net Present Value (NPV) CFO Risk Management Currencies 52

CFO News Room

JANUARY 21, 2023

By the end of 2021, it was clear that this bout of inflation was not as transient a phenomenon as some had made it out to be, and the big question leading in 2022, for investors and markets, is how inflation will play out during the year, and beyond, and the consequences for stocks, bonds and currencies.

Treasury 130

Treasury Currencies Numbers Marketing 130

CFO Talks

FEBRUARY 18, 2025

Protects the business from risks like currency fluctuations and interest rate hikes. Understanding Market Volatility Market volatility refers to the way stock prices, currencies, and interest rates change over time. For example: If a currency drops in value, imported goods become more expensive.

Treasury 52

Treasury Profit and Loss Currencies Risk Management 52

PYMNTS

AUGUST 16, 2020

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ).

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Currencies Compliance Securities Planning 134

PYMNTS

JANUARY 19, 2021

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around 2 million euros (about $2.4

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Currencies Startups Banking Marketing 130