Global Finance

MAY 7, 2025

This predictability helps with cash flow forecasting and overall financial planning. Currency mismatches are also a threat; Standard Chartered offers a digital foreign exchange solution, SC PrismFX, to address these issues. You need a solution that is very fast in improving working capital for buyers, says Schiffers.

Cash Flow Forecasting 100

Cash Flow Forecasting Finance Banking Foreign Exchange 100

CFO Leadership

FEBRUARY 16, 2022

Use our guide to understand and explore the factors that can make it advantageous to embrace a risk management strategy for foreign exchange. The foreign exchange market can be a highly complex task for small-to-medium enterprises to navigate when conducting business overseas. The Foreign Exchange Market.

Risk Management 52

Risk Management Currencies Foreign Exchange Valuation 52

Simply Treasury

JUNE 3, 2021

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. The uncertainties surrounding the economy explain the difficulty in producing reliable and accurate forecasts. François Masquelier, Vice Chairman EACT.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

JUNE 17, 2019

Ripple is the company behind the XRP digital currency, The Wall Street Journal reported. MoneyGram has tapped into foreign exchange markets for settlements in the past. As a result, the company had to purchase currencies ahead of time regularly. firm that is publicly traded, Ripple Inc. per share.

Investments 84

Investments Foreign Exchange Planning Currencies 84

CFO Talks

AUGUST 29, 2024

Practical Tip: Create a cash flow forecast that looks at least a year ahead. For example, if your company exports goods, the value of foreign currencies can impact your profits. Using tools like forward contracts can help lock in exchange rates and reduce uncertainty. Update it regularly.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

Global Finance

OCTOBER 10, 2024

Azerbaijan Taleh Kazimov: B+ Central bank Governor Taleh Kazimov, in office since 2022, had a boost in July when Fitch Ratings upgraded Azerbaijan’s long-term foreign currency issuer default rating to BBB- from BB+ with a stable outlook. in 2023 and is forecast to hit 5.8% Mansur to be central bank governor.

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

PYMNTS

NOVEMBER 6, 2018

Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It No one yet has found a good way to price exchange rates or to price currencies. Costs of goods or services used to produce — well, goods and services — are invoiced in foreign currencies.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Marketing 76

PYMNTS

SEPTEMBER 18, 2019

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. Services include cash management and cross-border payment and currency conversion across APIs.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. Industry leadership, advancements in digitalization and corporate citizenship also factored in. Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

SEPTEMBER 12, 2019

French financial institution BNP Paribas has announced a FinTech partnership to strengthen its foreign exchange service offerings. We believe that our offering, combined with the financial strength of BNP Paribas as a banking partner, is an attractive value proposition for their existing corporate client base.”.

Foreign Exchange 65

Foreign Exchange Treasury Currencies Forecasting 65

PYMNTS

NOVEMBER 26, 2020

In the historic spirit of Black Friday , Fitch is forecasting that solid fourth-quarter sales could save the entire year. “We We expect the momentum of China's [fourth-quarter] retail sales recovery to see growth in the mid- to high-single-digits, narrowing the full-year sales drop to the low-single-digits,” Fitch said.

eCommerce 113

eCommerce Entertainment Foreign Exchange Sales 113

PYMNTS

APRIL 14, 2020

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

Global Finance

OCTOBER 10, 2024

Belarus Pavel Kallaur: N/A With Belarus’ economy increasingly integrated into that of Russia, it makes perfect sense for the National Bank of the Republic of Belarus (NBRB) to proceed with plans to introduce a digital Belarusian ruble linked to the Russian currency. to 3%, a bit higher than forecast by CBBH six months ago. as of July.

Economics 98

Economics Currencies Forecasting Banking 98

PYMNTS

OCTOBER 26, 2018

Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. Following the new funding, Neat said it would be developing more multi-currency solutions and integrations with third-party platforms.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

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. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. billion GDP growth: -1.6% (2023), -2.8% (2024 forecast) Inflation: 254.2% (current); 69.5% (2024) Unemployment rate (Est. While the cepo [currency controls] is in place, this won’t change.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

CFO News Room

FEBRUARY 2, 2022

Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Cryptocurrencies are sometimes exchanged for U.S.

Concentration 130

Concentration Investments Securities Currencies 130

Global Finance

JUNE 6, 2024

Forecast analytics are used to vet changes in the timing of construction and installation work, and the protocol ensures all necessary documents are accessed during the construction process. Clients can choose from basic triggers to advanced liquidity management, combining multiple products seamlessly into cash positions and forecasts.

Construction 109

Construction Compliance Cash Management Banking 109

PYMNTS

MARCH 2, 2016

Corporate treasurers continue to struggle with managing foreign exchange risk and exposure. Without accurate measurement, value erosion from negative currency rate movements can’t be anticipated or prevented.”. New analysis from Deloitte drives that point home.

Foreign Exchange 40

Foreign Exchange Treasury Forecasting Risk Management 40

PYMNTS

APRIL 5, 2016

These profits are coming from the 3–5 percent foreign exchange fees that banks can charge for conducting a cross-border transfer, often through the costs that get tacked on as a payment moves between corresponding banks. To India, And Beyond . percent growth this year. percent in the three months to Dec. 2015, outpacing the 6.9

Banking 73

Banking Foreign Exchange Currencies Forecasting 73

CFO News Room

FEBRUARY 4, 2022

That was well above forecasts from economists who had expected a larger drag from the latest wave of Covid-19 cases. Expectations that the Federal Reserve will raise rates multiple times in 2022 sparked an early year bond rout that has jarred financial markets, fueling declines in stocks and other riskier investments.

Benchmarking 130

Benchmarking Treasury Economics Banking 130

PYMNTS

JANUARY 14, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. billion in revenue in 2017, and is forecast to hit $29 billion in 2022, even with a relatively low internet penetration of around 35 percent.

eCommerce 85

eCommerce Foreign Exchange Accounting Banking 85

PYMNTS

JUNE 15, 2016

Cross-border operations can expose companies to an array of risks, including foreign exchange risk. According to Western Union, its newest tool for Hong Kong SMEs provides capabilities for favorable currency movements, reports said, while hedging against risk in the case of unfavorable FX fluctuations. A strong U.S. ” .

Foreign Exchange 40

Foreign Exchange Currencies Prioritization Invoicing 40

PYMNTS

JULY 10, 2019

A recent report from Deutsche Bank explored the opportunities of faster and real-time payments in the corporate treasury function, pointing to foreign exchange management, for instance, as one area in which visibility into transaction data is key. Open Banking.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

Global Finance

JULY 26, 2024

Faced with foreign exchange and interest rate volatility, the complexities of instant payments and liquidity-risk challenges place a sharp focus on banking partners as treasurers endeavor to safeguard their company’s financial well-being.

Cash Management 93

Cash Management Treasury Compliance Banking 93

Future CFO

JUNE 16, 2025

Chung notes that they are now seeing technological advancements drive real impact across everything from forecasting to fraud detection. She adds that forecasting is another area where AI is making a big difference, as it is helping finance teams improve the accuracy of revenue and cash flow projections, even in volatile market conditions.

Profit and Loss 59

Profit and Loss Finance Reconciliations Forecasting 59

PYMNTS

JUNE 30, 2016

Globalization has enterprises of all sizes keeping a closer eye on their exposure to risks related to foreign exchange volatility, political changes and the like. But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. “Corporates want to forecast,” he said.

Budgeting 40

Budgeting Treasury Currencies Forecasting 40

PYMNTS

JANUARY 29, 2018

To that end, MoneyGram and Ripple are joining forces to pilot a real-time settlement system and protocol that incorporating XRP, Ripple’s digital currency, into MoneyGram’s payment flows. Ripple’s xRapid is a foreign exchange investment vehicle that allows companies to take their U.S. Operating as a U.S.

Planning 48

Planning Currencies Foreign Exchange Banking 48

Planful

SEPTEMBER 14, 2021

Steinway & Sons covered how it uses Planful to automate reports, ease monthly manufacturing analysis, and generate granular unit sales forecasts. Topics included: Learning how to modernize beyond static annual plans and start to “Plan For Change With Rolling Forecasts.”. Watch the thought leader sessions here.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Accounting Planning Finance 40

PYMNTS

APRIL 22, 2016

But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. People have to move currency, have to change currency, so forex transacting is changing very quickly because of globalization.”. That’s according to Beeks Financial Cloud CEO Gordon McArthur.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Top Performers.

Foreign Exchange 40

Foreign Exchange Currencies Healthcare Retail 40

PYMNTS

SEPTEMBER 4, 2018

Apart from supplier payments, the shift could have significant impacts on foreign exchange conversions for faster hedging, real-time investments, faster risk-mitigation capabilities and real-time visibility into more accurate cash positions. “As

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

AUGUST 29, 2017

The role of corporate treasurer now expands beyond handling foreign exchange volatility. Most professionals said geopolitical risk has led to concerns over a loss of revenue or customers, while 49 percent cited the concern over currency risk.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

PYMNTS

JULY 20, 2016

Of course, foreign exchange volatility is a big issue. Foreign exchange fluctuation may be one of the most difficult aspects of international procurement, as even the big guys can rarely get a good grasp of it, Peterson explained.

Foreign Exchange 41

Foreign Exchange Currencies Forecasting Technology 41

Global Finance

OCTOBER 10, 2024

The Central Bank of Bolivia (BCB) maintains the currency (the boliviano) pegged to the US dollar, helping to keep inflation in check. Last February, Fitch downgraded Bolivia’s long-term foreign currency issuer default rating (IDR) to CCC from B-. The IMF forecasts 2024 GDP growth at 4.3% so far this year.”

Economics 52

Economics Currencies Foreign Exchange Banking 52

Creative CFP

OCTOBER 2, 2020

There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

Barry Ritholtz

AUGUST 16, 2022

If you’re all interested in macro investing, trend following, commodities, currencies, fixed income, various types of quantitative strategies, and most important of all, risk management, you’re going to find this conversation to be absolutely fascinating. That’s the foreign exchange markets, and to some extent, commodities.

Profit and Loss 120

Profit and Loss Foreign Exchange Valuation Marketing 120