Remove Finance Remove Foreign Exchange Remove Prioritization Remove Treasury
article thumbnail

How Digital Assets Could Reshape The Future Of Corporate Treasury

PYMNTS

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. You’re starting to see the green shoots here,” said Sully. “As

article thumbnail

Asia’s Corporates Driving Treasury, Banking Digitization

PYMNTS

Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. The portion of treasury officials prioritizing digitization has nearly doubled since the fourth quarter of 2018 to 22 percent, the report revealed.

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

Citi On Treasury’s Real-Time Reality

PYMNTS

To that end, said Ron Chakravarti, Treasury Advisory Group head at Citi, the role of the treasury management team in optimizing cash on a day-to-day basis is changing as real-time operations (and payments) increasingly command attention. By and large, we are not yet in a ‘world of real-time treasury’,” Chakravarti said.

article thumbnail

How To Mitigate The Shock Of Brexit-Like Events

PYMNTS

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. Following the U.K.

article thumbnail

When Globalization Doesn’t Guarantee Profits

PYMNTS

But enabling international payments between corporates could do more harm than good if a business is meddling in foreign exchange without understanding the risks. The addition of Real-time FX to the Saxo Payments Banking Circle recognizes that corporate treasury departments need to trade foreign currency in real time,” he said.