PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

AUGUST 24, 2018

Consider it one of the main lessons to come out of the second quarter earnings season: Hedging — as in preparing for currency fluctuations and other factors — is something that eCommerce firms need to embrace, too. Cross-border operations can expose companies to an array of risks, including foreign exchange risk.

Risk Management 40

Risk Management Foreign Exchange Currencies eCommerce 40

The Finance Weekly

OCTOBER 30, 2024

It offers a wide range of features, from cash forecasting to risk management, making it a comprehensive solution for businesses looking to optimize their liquidity. Key Features Global Bank Connectivity - Kyriba integrates with banks worldwide, ensuring businesses can manage cash across multiple countries and currencies.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

PYMNTS

JULY 10, 2019

Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform. Custom remittance information can be sent directly back to the foreign vendor, while the service also supports custom reporting for a buyer’s own back-office processes.

Foreign Exchange 64

Foreign Exchange Accounts Payable Invoicing Reconciliations 64

Simply Treasury

JUNE 3, 2021

Here again, it seems to us that the need to dematerialize, digitize and automate is logical to make companies more resilient and efficient in their financial management. Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

CFO Talks

AUGUST 29, 2024

Managing Risks Good treasury management also means protecting the business from risks like currency fluctuations or changes in interest rates. For example, if your company exports goods, the value of foreign currencies can impact your profits.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

PYMNTS

MARCH 16, 2020

Western Union is partnering with Integral for a new risk management mechanism called Integral BankFX, according to a press release. The BankFX program will let Western Union exercise more control and automation over its programs, including a wide jurisdiction over the 10,000 currency pairs available through the system.

Foreign Exchange 63

Foreign Exchange Risk Management Currencies B2B 63

PYMNTS

AUGUST 13, 2019

12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. catering equipment importers working with Eurozone suppliers are struggling to manage the struggle of the pound against the euro. “We Reports Monday (Aug. According to the publication, U.K. importer said.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Indeed, FX costs and fees are often the first concern for businesses, especially smaller firms, that are growing across borders and encountering unfamiliar risks of FX volatility exposure.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

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. Through its prudent lending approach, robust risk management, and geographic diversification, the bank nearly doubled its deposits to 17.36 Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

SEPTEMBER 18, 2018

Despite all the negative news, despite all the political and trade tensions, despite all the currency declines, there are reasons for optimism for merchants, wholesalers, manufacturers and other businesses. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability?

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62

PYMNTS

DECEMBER 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result.

Foreign Exchange 62

Foreign Exchange Currencies Profit and Loss Finance 62

Global Finance

OCTOBER 31, 2024

Miao described a variety of initiatives designed to strengthen management, accelerate innovation, and improve both wealth management and fintech risk management. Offerings include corporate accounts, cross-border yuan settlement, litigation services, and foreign exchange trading.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Risk Management Manufacturing Banking 52

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. So we’re still in an experimental phase” when it comes to hedging risk or even anticipating it.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Marketing 76

PYMNTS

DECEMBER 6, 2018

Nawaz Ali, senior currency strategist at Western Union , told PYMNTS in a written exchange that “SMBs could be exposed to significant sterling fluctuation. There’s at least some anticipation that foreign exchange (FX) remains a wild card that needs attention. and GBP/EUR could rise [toward] €1.15 [$1.30 USD] or higher.”.

Currencies 53

Currencies Foreign Exchange Risk Management Retail 53

PYMNTS

SEPTEMBER 14, 2018

FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Along with real-time conversions comes the need for real-time FX volatility management.

Foreign Exchange 49

Foreign Exchange Risk Management Currencies B2B 49

PYMNTS

MARCH 16, 2018

Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. In the U.K.,

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

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. Mansur to be central bank governor.

Benchmarking 98

Benchmarking Foreign Exchange Forecasting Economics 98

PYMNTS

JUNE 10, 2020

“We are delighted to be partnering with Western Union Business Solutions to bring this changed world of trade two exceptional business tools fully connected and integrated, placing foreign exchange and payments right at the heart of the trade transaction.”. BankFX will be linked to the cloud.

Foreign Exchange 52

Foreign Exchange Risk Management Currencies Technology 52

PYMNTS

SEPTEMBER 11, 2018

A company no longer has to be a massive, multinational conglomerate to be exposed to foreign exchange fluctuation risks. Unfortunately, while small business owners are increasingly aware of the importance of currency management, Wissema told PYMNTS that they largely remain unaware of the tools available to do so. “I

Foreign Exchange 40

Foreign Exchange Currencies Risk Management Marketing 40

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. Capital controls and import restrictions due to the lack of confidence in public policies and the low level of foreign exchange reserves. Sticky and skyrocketing inflation despite price regulation.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

PYMNTS

APRIL 6, 2016

When B2B payments firm Saxo Payments released a new whitepaper outlining the troubles of cross-border payments for corporates, the company was gearing up for its latest release: a real-time foreign exchange trading platform, integrated into its Banking Circle portal. Saxo did not specify what its transaction fees will be, however.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

PYMNTS

NOVEMBER 9, 2017

What can foreign exchange service providers learn from the Uber model? Increasingly, firms selling abroad are embracing the belief that there is a business advantage to making products available for purchase in foreign customers’ home currencies. That’s where foreign exchange (FX) payment providers step in to help.

Foreign Exchange 43

Foreign Exchange Currencies B2B Leverage 43

PYMNTS

MARCH 2, 2016

Corporate treasurers continue to struggle with managing foreign exchange risk and exposure. If you can’t see it, you can’t manage it,” said Deloitte U.K. Without accurate measurement, value erosion from negative currency rate movements can’t be anticipated or prevented.”.

Foreign Exchange 40

Foreign Exchange Treasury Forecasting Risk Management 40

PYMNTS

JULY 29, 2019

Geopolitical volatility has analysts urging businesses to hedge against foreign exchange risks as trade tensions rise in Asia and the U.S., Unfortunately, the latest analysis of corporate earnings suggests bottom lines are taking a significant hit as a result of FX risk exposures. and as Brexit continues to loom.

Foreign Exchange 40

Foreign Exchange Currencies Treasury Technology 40

PYMNTS

MAY 19, 2016

The procurement of raw materials can expose an organization to some serious market volatility, the risk management software firm said, and much of the solutions these firms are using to mitigate risk, like ERP solutions, don’t quite make the grade when covering a business’ exposure to commodity trade risk.

Treasury 40

Treasury Risk Management Currencies Foreign Exchange 40

PYMNTS

SEPTEMBER 11, 2018

A company doesn’t have to be a massive, multinational corporation to feel the punch of foreign exchange (FX) volatility. Those uncertainties, however, can increase foreign exchange rate volatility, according to Volopa ‘s Managing Director Graham Smith and Director of Business Development Jay Wissema.

Foreign Exchange 40

Foreign Exchange Currencies Risk Management Education 40

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

PYMNTS

JULY 19, 2018

The report comes as Wells Fargo disclosed late last week that it took a $619 million charge in the second quarter of the year to cover refunds to customers that were overcharged by its foreign exchange, wealth management and auto and mortgage lending businesses.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies Banking 40

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. The deal followed WorldFirst’s rollout of small business multi-currency accounts in China, announced last November via its local brand. and the U.K.

B2B 43

B2B Foreign Exchange Invoicing Risk Management 43

PYMNTS

JULY 31, 2018

Allegations that American Express secretly hiked foreign exchange rates for small business customers is thrusting the challenges and points of friction that entrepreneurs face with cross-border payments back into the spotlight. A 2016 report from cross-border payments company Covercy found that small businesses in the U.K.

Foreign Exchange 40

Foreign Exchange Currencies Sales Economics 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.

B2B 62

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

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. Other areas of real-time processes include cash and liquidity management.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies B2B 40

PYMNTS

AUGUST 17, 2018

Markets and currencies can fluctuate in seemingly strange ways, sucking profit from the season’s labor. But as Jeff Matheson, senior vice president at Cambridge Global Payments , discussed in a recent PYMNTS interview, the seafood industry still has a few things to learn about managing risk and hedging bets. Still Some Paper.

Risk Management 40

Risk Management Foreign Exchange Manufacturing Currencies 40

PYMNTS

OCTOBER 28, 2019

The new offering also gives international users transparent foreign exchange rates and the ability to use local payment methods. Bank of America is always looking to meet the needs of our clients. Cross-border payments will exceed $22 trillion this year and are predicted to be $25 trillion by 2025, the release said. .

Foreign Exchange 40

Foreign Exchange Education Healthcare Risk Management 40

PYMNTS

OCTOBER 8, 2019

CitiDirect BE’s mobile banking solution will enable finance professionals to better manage MMF portfolios by leveraging innovative data tools to support their tactical decision-making and risk management processes. Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

AUGUST 24, 2018

That means retailers and other companies need to up their risk management and hedging games — and do so before one crisis or another (a currency collapse in Turkey one week, who knows what next?) These long-term trends can derail a business irrespective [of] how they are performing in the local currency.”. Quantify Risk.

Risk Management 40

Risk Management Currencies Manufacturing Forecasting 40