PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

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PYMNTS

JANUARY 24, 2020

McDonald’s has halted operations in a number of cities amid the outbreak. As reported by the Economist Intelligence Unit and relayed in the South China Morning Post , the Wuhan virus could hit China’s economic growth by 50 basis points to a full percentage point. And there’s another impact as a result of the virus.

Economics 52

Economics Transportation Restructuring Currencies 52

CFO News Room

JANUARY 11, 2023

If you compare the numbers in this picture to the equivalent one that I reported at the start of the year, you can see the surge in risk premiums across the board, starting with a higher base premium (6.01%, up from 4.24%) for the US and higher spreads for country risk. Country Risk: Currency and Cost of Capital.

Marketing 130

Marketing Currencies Valuation Treasury 130

CFO News Room

JANUARY 31, 2023

There have been claims that China’s enormous economic growth and widely shared prosperity are the result of turning to capitalism. I have written a number of papers ( this , and this ) on the nature of “truly voluntary,” or euvoluntary , exchanges. I think this is not true; China is not capitalist.

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PYMNTS

JANUARY 25, 2021

Russia’s Ministry of Labor has banned federal and local governmental officials — and their spouses and underage children — from holding digital currencies, CoinDesk reported. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Currencies 104

Currencies Banking Economics Numbers 104

PYMNTS

NOVEMBER 19, 2020

Bank of England Chief Economist Andy Haldane advocated for the potential benefits digital currencies can offer in a recent speech given at TheCityUK 10th Anniversary Conference on Wednesday (Nov. The future of digital currencies, Haldane said, is uncertain and most likely varied. “If So far, that has not been the case.”.

Currencies 89

Currencies Economics Banking Securities 89

PYMNTS

FEBRUARY 28, 2020

28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. Many central banks around the globe are wrestling with the implications of digital currencies and how they will affect a country’s financial health.

Banking 95

Banking Currencies Economics Numbers 95

PYMNTS

OCTOBER 12, 2020

Facebook's proposed global digital currency Libra is expected to get pushback from G7 leaders who are anticipated to publicly oppose the project due to a lack of regulations, according to a Reuters report on Monday (Oct. Libra has had a topsy-turvy entre into the digital currency arena. The draft will be presented on Tuesday (Oct.

Currencies 80

Currencies Finance Economics Banking 80

CFO News Room

NOVEMBER 13, 2022

Russia has said it will not sell to any countries that participate in the price cap scheme, and Jaishankar has repeatedly stated that India cannot afford to buy oil at high prices – at least not without undermining its economic growth, which is forecast to be 6.1 percent in 2023, the fastest-growing major economy in the world. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130

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PYMNTS

DECEMBER 14, 2020

CoinDesk reported that the country's economic struggles, including large debt obligations and high inflation, were expedited by the pandemic, and all of it drove many Argentinians to seek out new, alternative ways to store money. This is bigger than the 2017 spike on operations and on demand.". on Friday (Dec. 27, the Global Times reported.

Currencies 74

Currencies Economics Investments Numbers 74

PYMNTS

JANUARY 24, 2021

But that number dropped to 0.34 One of the reasons for the shift was that overall economic activity almost tripled between those two years, the blog says. in January of 2018, and after that, an underground operation emerged, in which the yen were exchanged for other digital currencies on a dark website. billion in transfers.

Marketing 93

Marketing Currencies Economics Accounting 93

Barry Ritholtz

SEPTEMBER 30, 2022

While there cannot be a currency crisis in the UK — it has a flexible exchange rate and issues public debt in its own currency — a collapsing currency is still a major problem for its inflation and financial stability. Peterson Institute for International Economics ). Sales Numbers Start Climb.

Currencies 69

Currencies Financial Systems Banking Economics 69

Musings on Markets

JULY 13, 2022

Source: Spreadsheet with country risk premium data (Damodaran Online) If you compare the numbers in this picture to the equivalent one that I reported at the start of the year, you can see the surge in risk premiums across the board, starting with a higher base premium (6.01%, up from 4.24%) for the US and higher spreads for country risk.

Currencies 81

Currencies Economics Valuation Treasury 81

Musings on Markets

JANUARY 28, 2024

Second, in our zeal to measure risk with numbers, we have lost sight of the reality that the effects of risk are as much on human psyche, as they are on economics. In my experience, much of the risk that we face when valuing companies or analyzing investments is economic uncertainty, impervious to more data and analysis.

Hurdle Rate 93

Hurdle Rate Concentration Investments Finance 93

CFO News Room

FEBRUARY 5, 2022

With an unexpected higher thrust on capital investment, putting more money in the pockets of farmers, continued focus on infrastructure development and encouraging Atmanirbharta, it takes the much-needed investment route to drive long-term economic growth for the country.

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Budgeting Economics Investments Finance 130

Musings on Markets

FEBRUARY 11, 2023

After all, your investment in Dangote Cement, a cement company with a dominant position in Nigeria nd West Africa, will do much better if that part of the world does well and will be handicapped, perhaps even fatally, if there is political and economic upheaval.

Currencies 76

Currencies Valuation Investments Economics 76

Musings on Markets

JANUARY 24, 2024

In my last post, I looked at equities in 2023, and argued that while they did well during 2023, the bounce back were uneven, with a few big winning companies and sectors, and a significant number of companies not partaking in the recovery.

Treasury 52

Treasury Currencies Marketing Economics 52

Simply Treasury

JUNE 3, 2021

Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets. Contrary to the recent excitement for Bitcoins, crypto currencies do not seem to be a priority for treasurers. API’s have shown the use banks and corporates can make out of them.

Cash Flow Forecasting 130

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PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). “If But as Diaz stated, the model is based on sound economic principles.

Banking 145

Banking Planning Accounting Currencies 145

CFO News Room

JANUARY 24, 2023

After all, we get our restaurant choices from Yelp reviews, our movie recommendations from Rotten Tomatoes, and we have even built crypto currencies around the notion of crowd-checking transactions. Don’t get me wrong! I was a believer in big data and crowd wisdom, well before those terms were even invented.

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

PYMNTS

MAY 21, 2020

Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. “I Otting’s tenure saw the Office of the Comptroller of the Currency (OCC) rationalizing the capital and liquidity rules to help banks serve customers’ needs while remaining safe, the release states.

Currencies 52

Currencies Budgeting Compliance Economics 52

CFO News Room

NOVEMBER 11, 2022

This interview of Richard Kozul-White of UNCTAD cover a very broad scope of economic issues from the developing country perspective: how unregulated financial markets have hindered emerging countries, how the Global Financial Crisis market failure has been ignored, and how even before Covid, these countries were facing a decade of lost growth.

Economics 100

Economics Concentration Investments Finance 100

CFO News Room

JANUARY 9, 2023

In terms of content, I am afraid this post will contain nothing new, but the fresh uncertainties about inflation, and its impact, that have opened up this summer require at least an updating of the numbers. . While spending the bulk of 2021 in denial, investors seem to have woken up, and expected inflation numbers are reflecting that.

Treasury 130

Treasury Valuation Currencies Forecasting 130

PYMNTS

OCTOBER 16, 2019

Mastercard said for a digital currency to be successful, it has to give customers not only stability and consumer protections but regulatory compliance as well. They must comply with all laws and regulations, and that includes money-laundering protections and operating within the economic structures of whatever country in which it trades. .

Currencies 60

Currencies Compliance Economics Securities 60

PYMNTS

JULY 17, 2020

Small Business Administration (SBA) announced the end of the Economic Injury Disaster Loan (EIDL) Advance initiative. The program was made to offer companies economic relief ranging from $1,000 to $10,000. Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon. SBA: EIDL Emergency Grant Program Runs Out Of Money .

Currencies 80

Currencies Economics Banking Securities 80

PYMNTS

NOVEMBER 22, 2016

The Financial Times reported that in India, $80 billion worth of the currency notes have been returned to banks. That activity follows the widely reported ban on the currency, where $220 billion was wiped out in one fell swoop — roughly 86 percent of the country’s currency — earlier this month.

Currencies 55

Currencies Economics Banking Numbers 55

VCFO

DECEMBER 10, 2021

a currency) over time. When the percentage is moving up and to the right over time, that indicates that a unit of currency effectively buys less than it did in prior periods. There is significant debate on the causes with two [mainstream] competing theories – Keynesian and Monetarist Economics. Why Do Currencies Depreciate?

Currencies 55

Currencies Profit and Loss Foreign Exchange Math 55

PYMNTS

SEPTEMBER 11, 2020

Mastercard Leads New Central Bank Digital Currency Test Platform. Mastercard has unveiled a new Central Bank Digital Currency (CBDC) test platform. The Number Of Disbursements Is Increasing, The Number Sent Instantly Barely Breaks 10 Percent (One Disbursements Adoption Report).

Currencies 56

Currencies Numbers Communication Banking 56

CFO Talks

MARCH 14, 2024

CFOs can lead the way in exploring and implementing new technologies, such as blockchain for secure transactions or digital currencies for new payment ecosystems, positioning their companies at the forefront of industry innovation.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO News Room

JANUARY 14, 2023

It is precisely because we have been spoiled by a decade of low and stable inflation that the inflation numbers in 2021 and 2022 came as such a surprise to economists, investors and even the Fed. Almost every economic forecasting service has increased its assessed probability for a recession, with variations on depth and length.

Treasury 130

Treasury Economics Investments Marketing 130

PYMNTS

SEPTEMBER 22, 2020

In other news, authorities in India are starting to look into the operators of a cryptocurrency exchange following the complaints of more than 40 investors with the Delhi Police ’s Economic Offence Wing, Cointelegraph reported. One of the more than 40 investors contended that he initially met those that run the exchange in Delhi.

Treasury 68

Treasury Forecasting Currencies Economics 68

PYMNTS

DECEMBER 7, 2020

But most people forget that we're still talking about small businesses with a limited number of resources.". On top of capital constraints they need to deal with, they also need to deal with complicated tax schemes and exposure to different currencies.". The company now operates in the U.K., Europe, Canada, the U.S.

eCommerce 142

eCommerce Finance B2C B2B 142

CFO News Room

JANUARY 10, 2023

In this post, I will begin with a quick review of my 2021 valuation, then move on to the price action in 2021 and 2022 and then update my valuation to reflect the company’s current numbers. . My IPO Valuation. I valued Zomato, soon after it filed its prospectus for its initial public offering, in July 2021.

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Valuation Investments Currencies Marketing 130

PYMNTS

JULY 22, 2019

The punishment for using digital currency would be heavy fines and possible jail time of up to 10 years. These private cryptocurrencies lack all the attributes of a currency. The committee said cryptocurrencies can’t serve the purpose of a currency in the country. India has had a number of crypto-related scams.

Currencies 48

Currencies Economics Banking Technology 48

PYMNTS

SEPTEMBER 22, 2020

among them – continue to feel the economic impacts of the lingering coronavirus, and as economies reopen in fitful fashion. But more firmly entrenched evidence of economic growth – chiefly through unemployment (and, thus, wages) – might be needed to cement consumers’ commitment to buy in a sustained fashion.

Retail 67

Retail Economics Sales Currencies 67

PYMNTS

MAY 29, 2020

And in 2018, just after bitcoin’s price seemingly peaked at the end of 2017 at just under $20,000, the famed investment firm said bitcoin could indeed be used as a form of currency. billion sent to currency exchanges from criminal entities. During that call, analysts and slides stated that cryptos are “not an asset class.”

Currencies 74

Currencies Investments Cash Management Economics 74