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Risks, challenges CFOs expect in 2024

Future CFO

Kwang Hwee also believes that they should remain vigilant and mindful of risks, particularly in respect of contract, credit, foreign exchange, geopolitical and other risks. Singapore should be a stand-out performer in the bloc."

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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.

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Citi Teams With Cachematrix To Revamp Online Investing Experience

PYMNTS

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. The international solution was created to offer clients a simplified online journey for the management of their MMF portfolios.

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BELLIN Unites Treasury Tech With FX Management

PYMNTS

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.

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Driving Cross-Border Payments Into The Future

PYMNTS

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.

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World’s Best Banks 2024—Asia-Pacific

Global Finance

Rising external interest rates, a weak economic recovery and risk management challenges put neighboring Macau’s banking environment under pressure. Its trading and foreign exchange departments scored a 45.5% In 2023, the bank leveraged its 8.9 gain, booking 3.6 billion pesos (about $62.4 billion manat (about $5.2

Banking 52
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CFOs, Treasurers Are The One-Two Punch Against FX Risk

PYMNTS

The company pointed to “unintended speculation” or “mishedging” as two sources of non-obvious exposure to FX risk from within the enterprise. Deloitte noted that corporations are increasingly looking to alternative FX risk management solutions apart from derivative hedging. That means corporations with U.S. Corporate Alignment.