PYMNTS

APRIL 24, 2020

Treasury ordered public companies to return Paycheck Protection Program (PPP) loans. China is the first country to launch a central bank digital currency (CBDC) or digital currency electronic payment (DCEP). Treasury Directs Public Firms To Return Small Business PPP Money. chains Starbucks, Subway and McDonald’s.

Treasury 58

Treasury Prioritization Currencies Economics 58

CFO News Room

JANUARY 14, 2023

There are three possible explanations for the divergence: Short term versus Long term : The consumer survey extracts an expectation of inflation in the near term, whereas the treasury markets are providing a longer term perspective, since I am using ten-year rates to derive the market-implied inflation.

Treasury 130

Treasury Economics Investments Marketing 130

Musings on Markets

JANUARY 27, 2021

In my last post , I described the wild ride that the price of risk took in 2020, with equity risk premiums and default spreads initially sky rocketing, as the virus led to global economic shutdowns, and then just as abruptly dropping back to pre-crisis levels over the course of the year. Currencies : A currency serves three functions.

Currencies 52

Currencies Investments Marketing Treasury 52

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

CFO News Room

JANUARY 9, 2023

There is a market-based estimate of inflation that comes from the US treasury market, where a comparison of yields on a treasury bond with that on a inflation-protected treasury bond of equivalent maturity provides a measure of expected inflation.

Treasury 130

Treasury Valuation Currencies Forecasting 130

PYMNTS

NOVEMBER 28, 2017

comptroller of the currency on Monday to serve as the leading regulator of national banks. Treasury Secretary Steven Mnuchin, will oversee big banks, such as Bank of America , JPMorgan Chase & Co. Job creation and economic growth are part of the president’s agenda, and banks can support those goals,” Otting said in a statement.

Currencies 40

Currencies Treasury Banking Economics 40

CFO News Room

FEBRUARY 4, 2022

Treasury yield, which helps set borrowing costs on everything from mortgages to corporate loans, settled at 1.930%, its highest close since December 2019. The 10-year Treasury yield, which often climbs when investors expect longer-term growth and inflation, reversed an early descent immediately after the report.

Benchmarking 130

Benchmarking Treasury Economics Banking 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

Economics Valuation Treasury Forecasting 130

CFO News Room

JANUARY 11, 2023

Country Risk: Currency and Cost of Capital. In my last post, I noted that concerns about inflation have played a big role in pushing up the US ten-year treasury bond rate from 1.51% on Jan 1, 2022, to 3.02% on June 30, 2022.

Marketing 130

Marketing Currencies Valuation Treasury 130

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. As a whole, the U.S. “The U.S. ” Coexisting Systems.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

CFO News Room

NOVEMBER 13, 2022

The G-7 plans are likely to send oil prices higher (despite US Treasury Secretary Janet Yellen claiming the opposite ) and reduce tanker availability, both of which will threaten India’s energy security and hurt its economy as India is the third-largest consumer and importer of oil worldwide. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

Musings on Markets

MAY 6, 2022

There are three possible explanations for the divergence: Short term versus Long term : The consumer survey extracts an expectation of inflation in the near term, whereas the treasury markets are providing a longer term perspective, since I am using ten-year rates to derive the market-implied inflation.

Treasury 92

Treasury Economics Investments Marketing 92

Simply Treasury

JUNE 3, 2021

The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging. Delay in FX hedging, accounting treatment.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

PYMNTS

OCTOBER 22, 2020

The pandemic’s ongoing economic impact has naturally raised the stakes for effective and efficient cross-border payments, according to Shreya Fatehpuria , inter-company and foreign exchange (FX) payments leader at GE. The average global company works with at least six banks and 40 percent of them make payments in at least six currencies.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98

PYMNTS

AUGUST 3, 2020

He will be responsible for managing more than 50 percent of Citi’s deposits across all regions and geographies, covering one of the most extensive, multi-currency, market leading liquidity product capabilities. Most recently, he was the head of regional treasury. Randall is an accountant with a B.A.

Treasury 52

Treasury Leadership Currencies Economics 52

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

SEPTEMBER 22, 2020

MicroStrategy was reportedly the first public firm to invest most of its treasury in the cryptocurrency in the summer, according to Bloomberg. Saylor said per the report, “Once the real yield on our treasury got to more than negative 10 percent, we realized that everything we are doing on P&L is irrelevant.”.

Treasury 68

Treasury Forecasting Currencies Economics 68

Strategic Treasurer

AUGUST 15, 2022

During uncertain times, treasury teams must be on the frontlines to plan for business continuity by monitoring external factors such as seasonality, currency fluctuations, and broad economic indicators. Participants who attend this live session and respond to 3 polling questions will earn 1.2 CPE credits.

Treasury 52

Treasury Forecasting Strategic Planning Leverage 52

PYMNTS

DECEMBER 10, 2019

Members of the Governing Council anticipate informal discussions about digital currency, which will take place ahead of a Thursday (Dec. When she led the International Monetary Fund, she said it could uphold public goals like economic cooperation and payment anonymity. dollar as the international reserve currency.

Banking 54

Banking Currencies Treasury Economics 54

PYMNTS

OCTOBER 14, 2020

Investors need a net worth of over 6 million rubles (approximately $74,400) or have an economics degree to be a qualified investor. For its part, the Bank of Russia recently put forward a report on a possible central bank digital currency (CBDC) rollout.

Investments 56

Investments Retail Currencies Treasury 56

Musings on Markets

JULY 13, 2022

Country Risk: Currency and Cost of Capital As a final part to this post, to see the shifts in country risk that we have seen in 2022, let’s start with an assessment of risk free rates. That increase in interest rates is not restricted to the US dollar, as local currency government bond rates have risen around the world.

Currencies 81

Currencies Economics Valuation Treasury 81

Musings on Markets

SEPTEMBER 27, 2022

There is a market-based estimate of inflation that comes from the US treasury market, where a comparison of yields on a treasury bond with that on a inflation-protected treasury bond of equivalent maturity provides a measure of expected inflation.

Treasury 74

Treasury Valuation Currencies Forecasting 74

Musings on Markets

MARCH 19, 2022

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 100

Economics Valuation Treasury Forecasting 100

PYMNTS

MAY 22, 2020

This decline in economic activity has tightened cash flows for businesses and consumers alike. This has broadened the ECB’s real-time banking reach to 30 countries and more than 3,800 FIs, setting the stage for countries that transact in different currencies to join the network in the future.”. Problem No.

Treasury 137

Treasury B2B Currencies Banking 137

CFO News Room

JANUARY 18, 2023

The Treasury Department designated Bitzlato under a section of the USA Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit funds for ransomware actors based in Russia. Deputy Treasury Secretary. authorities designated cryptocurrency exchange Bitzlato Ltd. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

JULY 16, 2019

And Venezuela’s President Nicolas Maduro recently ordered the Bank of Venezuela to allow customers to access the digital currency. “I Department of the Treasury recently announced sanctions against a Moscow-based bank because it helped finance Petro. But the U.S. Mnuchin at the time.

Treasury 55

Treasury Currencies Financial Systems Finance 55

PYMNTS

AUGUST 2, 2018

” Already the currency volatility has resulted in surprising misses for large firms. . ” Already the currency volatility has resulted in surprising misses for large firms. Unilever CFO Graeme Pitkethly said during the company’s earnings call that “currency translation decreased turnover by 8.9

Foreign Exchange 40

Foreign Exchange Currencies Treasury CFO 40

PYMNTS

OCTOBER 21, 2019

Buyers and suppliers are seeking better economics for (and control over) their interactions with one another, looking to mitigate the shocks of currency fluctuations. On the other side of that transaction, the Hong Kong-based business must convert the USD to Hong Kong currency. The Last Mile. Consider the traditional process.

Finance 41

Finance Foreign Exchange Treasury Currencies 41

PYMNTS

JUNE 2, 2020

Treasury disbursed $146 billion in jobless benefits over the three months that ended in May, but the total should have been about $214 billion, according to a Bloomberg analysis. Patent and Trademark Office that would create a digital currency (underpinned by blockchain). Drilling down into the numbers, the U.S.

Treasury 53

Treasury Economics Currencies Numbers 53

PYMNTS

MAY 11, 2020

government continues to distribute economic impact payments to American citizens via ACH and paper checks over the course of weeks and months, it has become increasingly clear that their legacy payment infrastructure is ripe for innovation,” Ingo Money CEO Drew Edwards told PYMNTS. People want answers.

Currencies 52

Currencies Treasury Compliance Banking 52

PYMNTS

JUNE 11, 2019

The name BOT stems from the Buoni Ordinari del Tesoro, the name of the Italian Treasury bill, reports said. The plan to create mini-BOTs has attracted criticism, with some warning that the initiative could offer Italy a way out of the euro, reports said, and is “akin to creating a parallel currency.”

Invoicing 48

Invoicing Treasury Currencies Economics 48

PYMNTS

OCTOBER 1, 2018

To that end, gold or, in this specific case, the activities of gold mining and marketing — the production and procurement of the yellow metal that has been coveted and used as currency for centuries — is also finding a niche via blockchain. We are expanding the traditional buying base for gold,” he told PYMNTS.

Currencies 73

Currencies B2B Manufacturing Compliance 73

PYMNTS

OCTOBER 19, 2016

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. According to “ Managing Risk in Challenging Economic Times ,” released earlier this month, the majority of CFOs admit that they struggle to stay on top of how quickly the macroeconomic environment is changing.

Treasury 70

Treasury Prioritization Economics Leadership 70

Future CFO

FEBRUARY 7, 2024

Delving into the key trends shaping the treasury landscape in 2024, the focus is on themes such as staffing challenges, macroeconomic risks, technology adoption, and strategic financial management. The post Navigating treasury trends in 2024: challenges, strategies, and the role of technology appeared first on FutureCFO.

Treasury 105

Treasury Technology Cash Flow Forecasting Leverage 105

PYMNTS

APRIL 6, 2016

This marks a milestone for this digital currency company, which has rapidly been making a name for itself in the FinTech ecosystem in the region. Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer.

Currencies 40

Currencies Treasury Startups Economics 40

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

Musings on Markets

AUGUST 15, 2023

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions. For an investment to be risk free then, it has to meet two conditions.

Investments 80

Investments Currencies Treasury Hurdle Rate 80