PYMNTS

JULY 27, 2020

According to the release, supply chain risk will be mitigated via new ways of collecting feedback to help alert customers of risk in the chain, as well as enhanced measures of tracking suspicious spending across sourcing, purchasing and payment currency deviations, to name a few.

Risk Management 60

Risk Management Invoicing Currencies Leverage 60

PYMNTS

JULY 30, 2020

The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports. A digital currency could be later layered onto the revamped system if and when the BoE chooses to do so, the news site reported.

Currencies 63

Currencies Banking Risk Management Financial Systems 63

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. All are retiring in April, May or June.

Risk Management 40

Risk Management Compliance Currencies Banking 40

PYMNTS

AUGUST 24, 2018

Consider it one of the main lessons to come out of the second quarter earnings season: Hedging — as in preparing for currency fluctuations and other factors — is something that eCommerce firms need to embrace, too.

Risk Management 40

Risk Management Foreign Exchange Currencies eCommerce 40

Global Finance

DECEMBER 26, 2024

Modular systems and automation are revolutionizing FX risk management, enhancing visibility, agility, and adaptability. With FX risk management, adaptability is critical because every company has its own risk profile shaped by its market, currencies, and business model.

Treasury 52

Treasury Risk Management Currencies SAP 52

PYMNTS

SEPTEMBER 13, 2018

Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy without any effort at hedging or risk management. Corporates tend to be more pragmatic and take risk off the table,” he said. dollar and other factors.

Currencies 40

Currencies Risk Management Economics eCommerce 40

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

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

Future CFO

FEBRUARY 7, 2024

The events such as the Silicon Valley Bank situation serve as reminders for companies to proactively address risks and strengthen risk management policies. Liquidity risk, driven by rising rates and borrowing costs, remains a key challenge for medium-sized and investment-grade companies.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

PYMNTS

SEPTEMBER 15, 2020

Having multiple providers ensures merchants can still access funds from their card transactions even if one bank provider stops operating in a certain industry or currency, for example.

B2B 119

B2B Risk Management Compliance Prioritization 119

Future CFO

SEPTEMBER 2, 2024

The convergence of AI and ERP offers the potential to overcome traditional barriers to efficiency and accuracy in financial management, enabling Asian companies to compete more effectively on a global scale.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

Global Finance

SEPTEMBER 9, 2024

While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed. Predictive analytics can forecast future financial scenarios with greater accuracy, contributing to risk management and strategic planning. Not anymore.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

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

PYMNTS

MARCH 29, 2019

It isn’t known if the partnership will include cryptocurrency or not, especially since the Reserve Bank of India (RBI), the country’s central bank, issued a statement saying it wouldn’t support the digital currency. The firms said risk management and transparency will be part of the network, with an eye on digitizing business processes.

Banking 96

Banking Risk Management Currencies Economics 96

PYMNTS

JANUARY 7, 2021

The paper reported that the Office of the Comptroller of the Currency (OCC) is looking into business card sales tactics at the company as well, citing unnamed sources. 7), citing unnamed sources. A representative for AmEx told WSJ, “We have robust compliance policies and controls in place, and do not tolerate misconduct.”

Sales 97

Sales Treasury Auditing Risk Management 97

Global Finance

DECEMBER 26, 2024

This includes guidance on hedging strategies and risk management to capitalize on opportunities and mitigate risks associated with carry trades. During such periods, investors redirect their portfolios quickly, seeking safe-haven currencies to lower their risk levels.

Currencies 52

Currencies Risk Management Banking Finance 52

PYMNTS

APRIL 26, 2017

In our CAB meetings, we focus on innovating solutions that can help eliminate regulatory and market challenges and plan for surprises, such as the financial crisis of 2008 or the recent political and currency volatility that we’re experiencing around the world today.

Risk Management 40

Risk Management Treasury Auditing Securities 40

PYMNTS

JANUARY 26, 2021

Meanwhile, the Philippines’ Monetary Board (MB) approved a new set of guidelines for virtual asset service providers (VASPs) that expands virtual currency exchange (VCE) regulations set in 2017, according to a press release. “We

Marketing 97

Marketing Risk Management Currencies Banking 97

PYMNTS

AUGUST 29, 2018

The series uses quantitative and historical data on valuations of several major currencies, corporate and governmental case studies and technological developments that have impacted the global FX market, to provide a comprehensive guide explaining what businesses need to do to navigate a volatile FX market. USD/£1 to $0.96

Currencies 40

Currencies Quantitative Data Valuation Economics 40

PYMNTS

JULY 31, 2019

The Office of the Comptroller of the Currency (OCC) has announced that it’s going to realign about 150 staff members in two new units, the organization said in a press release. . The two units will consolidate bank supervision support, risk analysis, and oversight of national trust banks and important service providers.

Banking 59

Banking Risk Analysis Currencies Risk Management 59

PYMNTS

DECEMBER 6, 2018

Nawaz Ali, senior currency strategist at Western Union , told PYMNTS in a written exchange that “SMBs could be exposed to significant sterling fluctuation. He stated, too, that currency risk management is often not a priority for many SMBs on a day-to-day basis. and GBP/EUR could rise [toward] €1.15 [$1.30

Currencies 53

Currencies Foreign Exchange Risk Management Retail 53

Global Finance

SEPTEMBER 9, 2024

Trapped cash is a key concern for large multinationals; the more currencies they operate across, the bigger the headache. Flexibility, he advises, is key to warding off restrictive rigidity. Aggarwal also notes a trend for businesses to return to some degree of vertical integration, having spent years divesting non-core business activities.

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

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

DECEMBER 17, 2020

Flywire’s customers are predominantly in the healthcare and travel industries and will benefit from Adyen’s extensive international reach and support of numerous currencies. Customers can also tap RevenueProtect, Adyen’s risk management and fraud prevention product. .

Healthcare 72

Healthcare Currencies Risk Management Startups 72

PYMNTS

APRIL 29, 2019

ISO 20022’s format works with various payment types and situations, such as currency-to-currency payments and domestic currency wire transfers. Risk management, settlement practices and business processes can be slightly different depending on the nation or currency, which makes accounting difficult.

Currencies 77

Currencies Risk Management Budgeting Manufacturing 77

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. While the cepo [currency controls] is in place, this won’t change. The governmental currency exchange control regime, cepo, severely restricts the amount of funds that can be taken out of Argentina.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

PYMNTS

SEPTEMBER 30, 2018

1) that IdentityMind’s pioneering compliance, risk management and fraud prevention platform has integrated CipherTrace ’s digital currency risk assessment technology. Virtual currencies are an important, emerging area within the world’s fast-growing digital economy. IdentityMind Global announced Monday (Oct.

Currencies 57

Currencies Compliance Risk Management Investments 57

Future CFO

AUGUST 27, 2023

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right?

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

PYMNTS

APRIL 10, 2019

The State of Risk Oversight: An Overview of Enterprise Risk Management Practices ,” a new report released by the American Institute of CPAs ( AICPA ) and North Carolina State University’s Enterprise Risk Management ( ERM ) Initiative), surprisingly only mentions cyber risk a handful of times.

Risk Management 54

Risk Management Leadership Prioritization Economics 54

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 74

Treasury Cash Flow Forecasting Foreign Exchange Currencies 74

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

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 52

Foreign Exchange Banking Currencies Treasury 52

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Last month, reports in the Financial Times made clear that businesses will increasingly be faced with decisions they must make about how to manage foreign exchange volatility. “We importer said.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

FEBRUARY 15, 2019

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. HSBC recently revealed that it had settled more than $250 billion in transactions via the platform.

Foreign Exchange 63

Foreign Exchange Risk Management Startups Currencies 63

PYMNTS

JUNE 18, 2020

Users receive an ID that works throughout “any payment network to transfer any currency” with PayID. legislators that digital currencies should have stricter supervision, CoinDesk reported. He noted that a number of payment technologies and digital currencies provide real anonymity or some degree of it.

Currencies 56

Currencies Risk Management Numbers Securities 56

CFO Talks

NOVEMBER 6, 2024

In markets businesses face a mix of global influences, currency shifts, and regional economic trends that can impact everything from cash flow to expansion plans. Prioritise Risk Management Financial risk management is more than just a safety net; it’s a strategy for staying resilient.

Finance 52

Finance Marketing Auditing Budgeting 52