Future CFO

DECEMBER 12, 2023

When it comes to global business travel forecasts for 2024, the good news is that airfares look set to stabilise across key routes around the world, said B2B travel platform American Express Global Business Travel (Amex GBT) recently when releasing its Air Monitor 2024 report. business class, -2.5% business class, -2.8% business class, -10.4%

Forecasting 52

Forecasting Foreign Exchange B2B Accounting 52

PYMNTS

SEPTEMBER 21, 2020

billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Global business payments firm FLEETCOR has struck a deal to buy Associated Foreign Exchange (AFEX) to assist in bolstering its own payments network.

Foreign Exchange 89

Foreign Exchange Banking Nonprofit Valuation 89

PYMNTS

FEBRUARY 2, 2021

For chief financial officers (CFOs) and treasurers tasked with corporate management, Visa is aiming AI toward forecasting and planning. Cross-border transactions, for example, can vary widely from initiation to final settlement, impacted by foreign exchange (FX) rates.

Forecasting 111

Forecasting Foreign Exchange Leverage Treasury 111

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. François Masquelier, Vice Chairman EACT.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

Global Finance

JULY 26, 2024

Meanwhile, Nordea’s foreign exchange (FX) automation has evolved into a “comprehensive treasury management autopilot” that includes daily FX, FX hedging, and money market products, according to the bank. Payable , another double winner, takes both Best Cash Forecasting Solution and Best Treasury Analytics Provider.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

PYMNTS

OCTOBER 6, 2020

The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. 6) announcement.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

PYMNTS

JUNE 17, 2019

MoneyGram has tapped into foreign exchange markets for settlements in the past. By changing to the XRP digital currency, however, it forecasts lower operating costs along with the value of working capital it needs. In addition, the deal encompasses warrants for up to $20 million in additional stock that is newly issued at $4.10

Investments 84

Investments Foreign Exchange Planning Currencies 84

CFO News Room

NOVEMBER 2, 2022

The company said it was hurt by higher costs, Chinese Covid lockdowns and fluctuating foreign exchange. million compared to a forecast for $911.4 Trimble — Shares dropped 7% after Trimble missed revenue expectations in its third-quarter results. The industrial technology firm reported sales of $884.9

Foreign Exchange 130

Foreign Exchange Transportation Entertainment Advertising 130

PYMNTS

SEPTEMBER 12, 2019

French financial institution BNP Paribas has announced a FinTech partnership to strengthen its foreign exchange service offerings. We believe that our offering, combined with the financial strength of BNP Paribas as a banking partner, is an attractive value proposition for their existing corporate client base.”.

Foreign Exchange 65

Foreign Exchange Treasury Currencies Forecasting 65

Global Finance

OCTOBER 10, 2024

The political turmoil fuelled a spike in inflation, which hit 11.66% in July amid fast-dwindling foreign exchange reserves. Riel stabilization has been achieved by prudent circulation management and foreign exchange market intervention, usually involving selling US dollars versus the domestic unit on the open market.

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

CFO Talks

AUGUST 29, 2024

Practical Tip: Create a cash flow forecast that looks at least a year ahead. For example, a mining company needs to ensure its financial operations comply with foreign exchange regulations to avoid penalties. For example, imagine you’re running a manufacturing company. Update it regularly.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

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. If you want to look at overall global GDP or global trade or any other measure, foreign exchange is about 14 to 15 times larger,” he said.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Forecasting 76

PYMNTS

SEPTEMBER 18, 2019

The company said that the API-led platform will let partners — including banks, retailers, credit unions and others — access payment and foreign exchange services through a single place. Elsewhere in Europe, in the United Kingdom, Travelex has debuted a B2B FinTech platform known as Travelex Business.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

NOVEMBER 26, 2020

In the historic spirit of Black Friday , Fitch is forecasting that solid fourth-quarter sales could save the entire year. “We We expect the momentum of China's [fourth-quarter] retail sales recovery to see growth in the mid- to high-single-digits, narrowing the full-year sales drop to the low-single-digits,” Fitch said.

eCommerce 113

eCommerce Foreign Exchange Entertainment Sales 113

PYMNTS

FEBRUARY 19, 2020

MUFG posted a quarterly loss this month for the first time in 10 years, and it was forced to chop annual profit forecasts after dealing with a large charge on the Indonesian bank acquisition. billion) over allegations that they worked together to manipulate the foreign exchange market. billion euros ($1.16

Investments 61

Investments Profit and Loss Foreign Exchange Forecasting 61

PYMNTS

APRIL 14, 2020

However, those data attributes are critical when it comes to automatically reconciling incoming and outgoing payments, and for supporting cash flow forecasting. Larger, more established firms may have specific pain points to address, such as foreign exchange (FX) mismatches across several accounts.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

CFO Leadership

FEBRUARY 16, 2022

Use our guide to understand and explore the factors that can make it advantageous to embrace a risk management strategy for foreign exchange. The foreign exchange market can be a highly complex task for small-to-medium enterprises to navigate when conducting business overseas. The Foreign Exchange Market.

Risk Management 52

Risk Management Currencies Foreign Exchange Valuation 52

PYMNTS

OCTOBER 26, 2018

Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. million in Series A funding, Futrli landed support from e.ventures, Notion Capital and firstminute Capital for its small business forecasting and reporting solutions.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

Global Finance

JULY 26, 2024

Despite a generally positive outlook, foreign exchange risks remain. Forecasts from the US Federal Reserve signaling just one modest cut this year will have far-reaching implications on how US-headquartered corporations with Latin American subsidiaries manage their liquidity flows.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

MARCH 2, 2016

Corporate treasurers continue to struggle with managing foreign exchange risk and exposure. The research also found that the majority of survey respondents said they lack visibility and reliability regarding their FX forecasts and that this is their biggest challenge to mitigate FX-related risks for their corporation.

Foreign Exchange 40

Foreign Exchange Treasury Forecasting Risk Management 40

Global Finance

JUNE 6, 2024

Forecast analytics are used to vet changes in the timing of construction and installation work, and the protocol ensures all necessary documents are accessed during the construction process. Clients can choose from basic triggers to advanced liquidity management, combining multiple products seamlessly into cash positions and forecasts.

Construction 109

Construction Compliance Cash Management Treasury 109

CFO News Room

FEBRUARY 4, 2022

That was well above forecasts from economists who had expected a larger drag from the latest wave of Covid-19 cases. Expectations that the Federal Reserve will raise rates multiple times in 2022 sparked an early year bond rout that has jarred financial markets, fueling declines in stocks and other riskier investments.

Benchmarking 130

Benchmarking Treasury Economics Banking 130

Bramasol

DECEMBER 20, 2022

The McKinsey Global Economics Intelligence report says "Global forecasting institutions, such as the International Monetary Fund, the World Bank, and the OECD, as well as central banks, are trimming growth estimates to align with high inflation and slowing economic activity.". Global Inflation and Economic Uncertainty.

SAP 69

SAP Foreign Exchange Economics Budgeting 69

PYMNTS

DECEMBER 11, 2019

SMB lender Just Cashflow announced a partnership with Ebury to integrate foreign exchange services as Just Cashflow augments its offering beyond SMB loans. Ebury is integrating foreign exchange (FX) tools to support Just Cashflow’s SMBs and their cross-border payments needs. Just Cashflow Taps Ebury for FX.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

JANUARY 14, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. billion in revenue in 2017, and is forecast to hit $29 billion in 2022, even with a relatively low internet penetration of around 35 percent.

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

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. Existing backers, such as Xavier Niel, also participated in the funding. Parabilis did not reveal who provided the $100 million investment, however.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

JULY 10, 2019

A recent report from Deutsche Bank explored the opportunities of faster and real-time payments in the corporate treasury function, pointing to foreign exchange management, for instance, as one area in which visibility into transaction data is key. Open Banking.

B2B 62

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

Global Finance

OCTOBER 10, 2024

this year, although the International Monetary Fund (IMF) is forecasting a more modest 2.4%. to 3%, a bit higher than forecast by CBBH six months ago. According to ING, most forecasts suggest this year will see an increase in GDP of between 2.5-3%, For 2024, the IMF forecasts inflation to drop from 38.4% as of July.

Economics 98

Economics Currencies Forecasting Banking 98

PYMNTS

APRIL 5, 2016

These profits are coming from the 3–5 percent foreign exchange fees that banks can charge for conducting a cross-border transfer, often through the costs that get tacked on as a payment moves between corresponding banks. To India, And Beyond . percent growth this year. percent in the three months to Dec. 2015, outpacing the 6.9

Banking 73

Banking Foreign Exchange Currencies Forecasting 73

Global Finance

MAY 10, 2024

billion GDP growth: -1.6% (2023), -2.8% (2024 forecast) Inflation: 254.2% (current); 69.5% (2024) Unemployment rate (Est. Capital controls and import restrictions due to the lack of confidence in public policies and the low level of foreign exchange reserves. Dependence on agricultural commodity prices and weather conditions.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

Global Finance

JULY 26, 2024

Faced with foreign exchange and interest rate volatility, the complexities of instant payments and liquidity-risk challenges place a sharp focus on banking partners as treasurers endeavor to safeguard their company’s financial well-being.

Cash Management 93

Cash Management Treasury Compliance Banking 93

CFO News Room

FEBRUARY 2, 2022

Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

JANUARY 31, 2019

A forecast range of between $4.08 Schulman explained that the slower-than-expected revenue picture in Q4 was the result of foreign exchange (FX) pressures and slower-than-expected growth outside of eBay. billion and $4.13 billion falls short of the $4.16 billion for which analysts are looking. He then moved on to other metrics.

Foreign Exchange 58

Foreign Exchange Accounting Forecasting Sales 58

PYMNTS

JUNE 15, 2016

Cross-border operations can expose companies to an array of risks, including foreign exchange risk. “FX Options enable SMEs to predict their cash flow more accurately and develop more reliable business forecasting,” Glendenning stated. Managing FX risk, he continued, is key for a corporate’s bottom line.

Foreign Exchange 40

Foreign Exchange Currencies Prioritization Invoicing 40

Future CFO

SEPTEMBER 14, 2020

Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties. A lot of FP&A depends on this type of data for forecasting. Without data, it becomes difficult to forecast “because we don’t carry a crystal ball,” said Gunarso. But they will face immense challenges from the onset.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Forecasting Planning Foreign Exchange 52

PYMNTS

AUGUST 29, 2017

The role of corporate treasurer now expands beyond handling foreign exchange volatility. Over the next three years, 64 percent of executives said cash management and forecasting will be critical in the treasury department as they navigate these risks and concerns. Handling Volatility.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46