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Global non-cash transaction volumes set to hit 1.3 trillion in 2023

Future CFO

The current model of tackling cash management services needs an overhaul, said Jeroen Hölscher, Global Head of Payments Services at Capgemini. Corporate executives are feeling the pressure from mounting inefficiencies across lengthy cash conversion cycles, he pointed out. At a regional level, digital payments will grow by 19.8%

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. Cash invested on the platform, said the company, stands at $2.7 Open Banking Partnerships – Focus On Romania.

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Building resilience with financial readiness

Future CFO

Liquidity and credit risk Cash has always been king and this saying was never so relevant as it is in the current situation. There is no business continuity without secured liquidity and cash flow. Any global crisis always has the potential to disrupt the global supply chains.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

It’s an error-prone process, the report added, with banks still handling the cost of compliance, payment processing and FX. But additional cost burdens can stem from currency hedging, treasury operations, liquidity, the cost of manual intervention in case of error and compliance, especially when it comes to Basel III.