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How Digital Assets Could Reshape The Future Of Corporate Treasury

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Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said.

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Asia’s Corporates Driving Treasury, Banking Digitization

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Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed.

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Money Mover Warns UK SMEs To Lock In FX Rates

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Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. Last year Western Union Business Solutions released new services for small businesses looking to hedge and mitigate against foreign exchange volatility. small businesses.

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Citi On Treasury’s Real-Time Reality

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As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Indeed, the broader embrace of real-time payments, and real-time management of treasury functions, will take a little time, as savvy observers have prognosticated. And now we are verging toward a fully real-time world.

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For Corporates, Cross-Border Payments Innovation Isn’t All About Speed

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While services like gpi, Faster Payments or Ripple’s RippleNet accelerate transaction speeds, the visibility of that transaction is what companies value most, said Kissler, including visibility into the status of a payment, any foreign exchange conversions applied at any given point, and any fees.

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How To Mitigate The Shock Of Brexit-Like Events

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Globalization has enterprises of all sizes keeping a closer eye on their exposure to risks related to foreign exchange volatility, political changes and the like. But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. Following the U.K. Following the U.K.