article thumbnail

The Rise Of Currency Hedging And Risk Management

PYMNTS

Currency hedging has long been a part of global business and trade — but now it is becoming more important thanks to increasing economic and political volatility. We’re seeing more economic and political volatility than we’ve seen in a long time, along with a lot of trade concerns,” Schamotta said.

article thumbnail

moneycorp Expands FX Currency Services Into Canada

PYMNTS

London-based global payments and foreign exchange company moneycorp has announced its expansion into Canada. In today’s challenging economic environment, I am pleased to continue our expansion into a prime market that aligns with our strategic growth plans,” Dowd said in a press release. or in other countries.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Risks, challenges CFOs expect in 2024

Future CFO

Jonathan Ashworth "The lagged impact of past monetary tightening could lead to an even more pronounced slowing in growth, and geopolitical risks remain very heightened, while the busy political calendar adds a sizeable extra degree of uncertainty and potential volatility," says Ashworth. Singapore should be a stand-out performer in the bloc."

article thumbnail

Turning Currency Volatility Into A Global FX Strategy

PYMNTS

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.

article thumbnail

Morgan Goodwin Links EdgeCTP Trade Tech With Western Union

PYMNTS

Recent world events have had a huge economic impact so traditional business, models must be replaced. Highly integrated digital trade is here, right now,” Geoff Runcie, managing director of Morgan Goodwin, said in the announcement. “We BankFX will be linked to the cloud.

article thumbnail

EACT SURVEY 2021

Simply Treasury

The third one is the real-time collection and payment (we can see that immediacy and the time factor have become crucial, at least for certain industries and B2C’s) and finally immediate (automated) management of foreign exchange risk. François Masquelier, Vice Chairman EACT.

article thumbnail

When Economies Sour, The Hedgers Stand Tall

PYMNTS

Pick a favorite cliché — it’s OK — and feel free to apply it to this current phase of global economic volatility. The conversation also underscored the growing important of currency hedging, foreign exchange and risk management for businesses of all types. Silver linings. Blessings in disguise.