Remove Currencies Remove Foreign Exchange Remove Prioritization
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How Digital Assets Could Reshape The Future Of Corporate Treasury

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“As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”. According to Sully, the message is “modernize today so you can integrate tomorrow.”.

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Money Mover Warns UK SMEs To Lock In FX Rates

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Last year Western Union Business Solutions released new services for small businesses looking to hedge and mitigate against foreign exchange volatility. Analysis from WUBS found that the majority of SMEs weren’t actively strategizing to leverage the strength of their own local currencies. small businesses.

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Western Union Enables FX Hedging For Hong Kong SMEs

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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. ” .

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For Corporates, Cross-Border Payments Innovation Isn’t All About Speed

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While services like gpi, Faster Payments or Ripple’s RippleNet accelerate transaction speeds, the visibility of that transaction is what companies value most, said Kissler, including visibility into the status of a payment, any foreign exchange conversions applied at any given point, and any fees.

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The Events That Shook Forex Markets For Treasurers

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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.”. and France prioritizing protection against risk from FX fluctuation.

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How To Mitigate The Shock Of Brexit-Like Events

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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. Following the U.K. referendum?

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Citi On Treasury’s Real-Time Reality

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Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. Against the inevitability of real time, he said, one question that frequently comes up from treasurers focuses on how they can prioritize their departmental transition. And now we are verging toward a fully real-time world.