Remove Accounting Remove Credit Risk Remove Currencies Remove Foreign Exchange
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A Closer Look At Rippleā€™s Money-Saving Claims

PYMNTS

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. While this can be a solution to some of the costs associated with cross-border payments, Ripple noted that many FIs cannot afford to maintain these accounts.

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The five-step response that helps CFOs navigate uncertain times

Future CFO

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.