PYMNTS

JANUARY 28, 2021

“As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”. According to Sully, the message is “modernize today so you can integrate tomorrow.”.

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

PYMNTS

MARCH 30, 2017

Last year Western Union Business Solutions released new services for small businesses looking to hedge and mitigate against foreign exchange volatility. Analysis from WUBS found that the majority of SMEs weren’t actively strategizing to leverage the strength of their own local currencies. small businesses.

Foreign Exchange 43

Foreign Exchange Prioritization Currencies Treasury 43

PYMNTS

JULY 26, 2019

Others, like Visa B2B Connect and SWIFT gpi , aim to transform it. B2B payments are full of friction that lead to delays in vendors receiving payment. With correspondent banking relationships on the decline, financial institutions are looking for new — and faster — ways of moving money around the world, too.

Foreign Exchange 64

Foreign Exchange B2B Prioritization Banking 64

PYMNTS

JUNE 15, 2016

Cross-border operations can expose companies to an array of risks, including foreign exchange risk. According to Western Union, its newest tool for Hong Kong SMEs provides capabilities for favorable currency movements, reports said, while hedging against risk in the case of unfavorable FX fluctuations. A strong U.S. ” .

Foreign Exchange 40

Foreign Exchange Currencies Prioritization Invoicing 40

PYMNTS

APRIL 22, 2016

But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. People have to move currency, have to change currency, so forex transacting is changing very quickly because of globalization.”. and France prioritizing protection against risk from FX fluctuation.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

SEPTEMBER 19, 2019

Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. All of this means that the needle will move from C2C to B2C to B2B along the continuum of real time payments adoption, with ripple effects on cash management. And now we are verging toward a fully real-time world.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

JUNE 30, 2016

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. referendum?

Budgeting 40

Budgeting Treasury Forecasting Prioritization 40