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Deutsche Bank Links Faster Payments To Faster FX Management

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Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

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Corporates Step Up To Welcome AI, Blockchain

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Separate research last month also examined how corporate finance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way.

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Banks Prep For Brexit-Induced Corporate Loan Defaults

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banks are looking to prepare business clients ahead of Brexit in anticipation for tightened access to financing, Reuters reported on Tuesday (Nov. In anticipation, banks have reportedly extended credit to corporate clients early and have begun to sell insurance to mitigate the risk of foreign exchange (FX) volatility.

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EU Businesses Ready For Major Money Moves Ahead Of Brexit

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banks may be forced to move those derivatives in preparation for Brexit, in what would be a significant disruption to corporate finances, reports in The Wall Street Journal ( WSJ ) said Tuesday (Oct. When that happens, EU corporations that have obtained financial products from U.K. banks may have to relocate them.

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Oracle Streamlines Corporate Bank Account Management

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Oracle Financial Services recently announced the launch of a platform designed for corporate banking customers that are in need of consolidated, streamlined views of their global banking operations. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies.

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Uphold Dives Into India With Bank Deals

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Uphold isn’t a bank, and it’s aiming to disrupt the traditional financial services industry. Last week, Uphold announced a partnership with India’s IDFC Bank, a move that allows Uphold’s business and consumer customers to conduct cross-border transactions to and from the home of the world’s fastest-growing economy.

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Crypto Goes After Intercompany B2B Payments

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Wirex , which providers consumers with an account to store both fiat and cryptocurrency, recently stepped into the corporate finance space with the launch of its business account. Yet many experts doubt that cryptocurrency can be the solution to these points of friction, especially when it comes to the B2B use case.

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