Simply Treasury

JUNE 3, 2021

The third one is the real-time collection and payment (we can see that immediacy and the time factor have become crucial, at least for certain industries and B2C’s) and finally immediate (automated) management of foreign exchange risk. The FX risk, given high volatility of markets and uncertainties, is back in top priorities.

Cash Flow Forecasting

PYMNTS

SEPTEMBER 18, 2019

Open banking has opened the path toward a number of banking/FinTech and digital partnerships leveraging APIs to speed innovations. The company said that the API-led platform will let partners — including banks, retailers, credit unions and others — access payment and foreign exchange services through a single place.

Foreign Exchange

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. There are a number of things that intersect here: data, privacy, consumer protection.

Healthcare

PYMNTS

NOVEMBER 16, 2018

The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders. Existing backers, such as Xavier Niel, also participated in the funding. Purpose Financial LP led the funding round, reports said.

Accounts Payable

Global Finance

JUNE 6, 2024

FAB also launched a sustainability-linked current account for businesses to support clients in achieving environmental, social and governance objectives by contributing to sustainable developments, integrated into their everyday cash management and a sustainability-linked supply chain finance offering.

Construction

PYMNTS

APRIL 18, 2016

Perhaps one of the broadest aspects of cross-border trade that depends on information is foreign exchange risk mitigation. For instance, while invoices are connected to cross-border B2B payments, that exchange of data doesn’t always result in the understanding of that data.

Foreign Exchange

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. A breakdown of venture capital investment by verticals found that, together, data and analytics, wealth management, capital markets and payments made up 25 percent of all deals in the U.K. investments last year.

B2B

PYMNTS

MARCH 2, 2016

Finally, this process cuts down the number of intermediaries at play when completing a cross-border payment. The most obvious is foreign exchange, the cost to sell and buy another currency. This also means that cash management and account maintenance can save FIs up to 74 percent, the company calculated.

Currencies

Global Finance

MAY 6, 2025

The number of homegrown African banks becoming ambitious and opening operations in Western capitals is rising. Some feel it defies logic for them to depend on foreign banks to offer services such as foreign exchange, treasury, cash management, and payment offerings. Today, a shift is taking place.

Banking

Future CFO

JANUARY 21, 2021

One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure. Steven Ho, finance director at TVS Asianics, noted that his business does a “fair bit of transactions in foreign currencies.” So, you end up with a lot of number crunching, but no decision is made. New normal, new expectations.

Treasury