The Finance Weekly

OCTOBER 30, 2024

It offers a wide range of features, from cash forecasting to risk management, making it a comprehensive solution for businesses looking to optimize their liquidity. Key Features Global Bank Connectivity - Kyriba integrates with banks worldwide, ensuring businesses can manage cash across multiple countries and currencies.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Simply Treasury

JUNE 3, 2021

Here again, it seems to us that the need to dematerialize, digitize and automate is logical to make companies more resilient and efficient in their financial management. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JULY 10, 2019

Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform. Custom remittance information can be sent directly back to the foreign vendor, while the service also supports custom reporting for a buyer’s own back-office processes.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

CFO Talks

AUGUST 29, 2024

Managing Risks Good treasury management also means protecting the business from risks like currency fluctuations or changes in interest rates. For example, if your company exports goods, the value of foreign currencies can impact your profits.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

PYMNTS

MARCH 16, 2020

Western Union is partnering with Integral for a new risk management mechanism called Integral BankFX, according to a press release. The BankFX program will let Western Union exercise more control and automation over its programs, including a wide jurisdiction over the 10,000 currency pairs available through the system.

Foreign Exchange 63

Foreign Exchange Risk Management Currencies B2B 63

PYMNTS

AUGUST 13, 2019

12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. catering equipment importers working with Eurozone suppliers are struggling to manage the struggle of the pound against the euro. “We Reports Monday (Aug. According to the publication, U.K. importer said.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. Through its prudent lending approach, robust risk management, and geographic diversification, the bank nearly doubled its deposits to 17.36 Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Indeed, FX costs and fees are often the first concern for businesses, especially smaller firms, that are growing across borders and encountering unfamiliar risks of FX volatility exposure.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

DECEMBER 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result.

Foreign Exchange 62

Foreign Exchange Currencies Profit and Loss Finance 62

PYMNTS

FEBRUARY 15, 2019

HSBC ‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters that HSBC processes from 3,500 to 5,000 trades a day on FX Everywhere, with trades now being worth $350 billion.

Foreign Exchange 63

Foreign Exchange Risk Management Startups Currencies 63

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. Capital controls and import restrictions due to the lack of confidence in public policies and the low level of foreign exchange reserves. Sticky and skyrocketing inflation despite price regulation.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

Global Finance

OCTOBER 10, 2024

Azerbaijan Taleh Kazimov: B+ Central bank Governor Taleh Kazimov, in office since 2022, had a boost in July when Fitch Ratings upgraded Azerbaijan’s long-term foreign currency issuer default rating to BBB- from BB+ with a stable outlook. Mansur to be central bank governor.

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. In the U.K.,

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

PYMNTS

SEPTEMBER 14, 2018

FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Along with real-time conversions comes the need for real-time FX volatility management.

Foreign Exchange 49

Foreign Exchange Risk Management Currencies B2B 49

PYMNTS

JUNE 10, 2020

“We are delighted to be partnering with Western Union Business Solutions to bring this changed world of trade two exceptional business tools fully connected and integrated, placing foreign exchange and payments right at the heart of the trade transaction.”. BankFX will be linked to the cloud.

Foreign Exchange 52

Foreign Exchange Risk Management Currencies Technology 52

PYMNTS

SEPTEMBER 11, 2018

A company no longer has to be a massive, multinational conglomerate to be exposed to foreign exchange fluctuation risks. Unfortunately, while small business owners are increasingly aware of the importance of currency management, Wissema told PYMNTS that they largely remain unaware of the tools available to do so. “I

Foreign Exchange 40

Foreign Exchange Currencies Risk Management Marketing 40

PYMNTS

APRIL 6, 2016

When B2B payments firm Saxo Payments released a new whitepaper outlining the troubles of cross-border payments for corporates, the company was gearing up for its latest release: a real-time foreign exchange trading platform, integrated into its Banking Circle portal. Saxo did not specify what its transaction fees will be, however.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

PYMNTS

NOVEMBER 9, 2017

What can foreign exchange service providers learn from the Uber model? Increasingly, firms selling abroad are embracing the belief that there is a business advantage to making products available for purchase in foreign customers’ home currencies. That’s where foreign exchange (FX) payment providers step in to help.

Foreign Exchange 43

Foreign Exchange Currencies B2B Leverage 43

PYMNTS

MARCH 2, 2016

Corporate treasurers continue to struggle with managing foreign exchange risk and exposure. If you can’t see it, you can’t manage it,” said Deloitte U.K. Without accurate measurement, value erosion from negative currency rate movements can’t be anticipated or prevented.”.

Foreign Exchange 40

Foreign Exchange Treasury Forecasting Risk Management 40

PYMNTS

JULY 29, 2019

Geopolitical volatility has analysts urging businesses to hedge against foreign exchange risks as trade tensions rise in Asia and the U.S., Unfortunately, the latest analysis of corporate earnings suggests bottom lines are taking a significant hit as a result of FX risk exposures. and as Brexit continues to loom.

Foreign Exchange 40

Foreign Exchange Currencies Treasury Technology 40

PYMNTS

MAY 19, 2016

The procurement of raw materials can expose an organization to some serious market volatility, the risk management software firm said, and much of the solutions these firms are using to mitigate risk, like ERP solutions, don’t quite make the grade when covering a business’ exposure to commodity trade risk.

Treasury 40

Treasury Risk Management Currencies Foreign Exchange 40

PYMNTS

SEPTEMBER 11, 2018

A company doesn’t have to be a massive, multinational corporation to feel the punch of foreign exchange (FX) volatility. Those uncertainties, however, can increase foreign exchange rate volatility, according to Volopa ‘s Managing Director Graham Smith and Director of Business Development Jay Wissema.

Foreign Exchange 40

Foreign Exchange Currencies Risk Management Education 40

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

JULY 19, 2018

The report comes as Wells Fargo disclosed late last week that it took a $619 million charge in the second quarter of the year to cover refunds to customers that were overcharged by its foreign exchange, wealth management and auto and mortgage lending businesses.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies Banking 40

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. The deal followed WorldFirst’s rollout of small business multi-currency accounts in China, announced last November via its local brand. and the U.K.

B2B 43

B2B Foreign Exchange Invoicing Risk Management 43

PYMNTS

JULY 31, 2018

Allegations that American Express secretly hiked foreign exchange rates for small business customers is thrusting the challenges and points of friction that entrepreneurs face with cross-border payments back into the spotlight. A 2016 report from cross-border payments company Covercy found that small businesses in the U.K.

Foreign Exchange 40

Foreign Exchange Currencies Sales Economics 40

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. Other areas of real-time processes include cash and liquidity management.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies B2B 40

PYMNTS

AUGUST 17, 2018

Markets and currencies can fluctuate in seemingly strange ways, sucking profit from the season’s labor. But as Jeff Matheson, senior vice president at Cambridge Global Payments , discussed in a recent PYMNTS interview, the seafood industry still has a few things to learn about managing risk and hedging bets. Still Some Paper.

Risk Management 40

Risk Management Foreign Exchange Manufacturing Currencies 40

PYMNTS

OCTOBER 28, 2019

The new offering also gives international users transparent foreign exchange rates and the ability to use local payment methods. Bank of America is always looking to meet the needs of our clients. Cross-border payments will exceed $22 trillion this year and are predicted to be $25 trillion by 2025, the release said. .

Foreign Exchange 40

Foreign Exchange Education Healthcare Risk Management 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

JULY 30, 2018

dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. What’s good for the U.S. Volatility Protection. The culprit? A stronger U.S. you are exposed to the volatility” that comes with a strong dollar.

Currencies 40

Currencies Foreign Exchange Risk Management Treasury 40

PYMNTS

AUGUST 29, 2017

The role of corporate treasurer now expands beyond handling foreign exchange volatility. Instead, these professionals are now tasked with juggling volatility around geopolitical trends, with global organizations now being exposed to new types of risks. Progress Ahead.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Karen Webster: Let’s get acquainted with UAE Exchange and some of the great work you’re doing in the global remittance, foreign exchange and payments space.

Risk Management 54

Risk Management Foreign Exchange Investments Technology 54

PYMNTS

APRIL 27, 2016

“Sources of hidden FX exposures range from internal functions, such as treasury, trading and technology, to external forces, such as currency volatility or government-imposed cash restrictions,” Deloitte stated. Deloitte noted that corporations are increasingly looking to alternative FX risk management solutions apart from derivative hedging.

Treasury 40

Treasury Currencies Risk Analysis Risk Management 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

PYMNTS

NOVEMBER 6, 2018

Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It No one yet has found a good way to price exchange rates or to price currencies. So we’re still in an experimental phase” when it comes to hedging risk or even anticipating it.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Forecasting 76

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?

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62