Global Finance

DECEMBER 26, 2024

Amid consistently high geopolitical tensions, a shifting interest rate environment in developed and developing economies, and the increasing threat of tariffs impacting global trade, one thing is sure: Top-level foreign exchange (FX) management has seldom been as pivotal to businesses as it is today.

Foreign Exchange

Future CFO

JUNE 23, 2025

Yet, as treasury leaders from across the region gathered at the roundtable to dissect these challenges, their responses revealed not panic but a sophisticated recalibration of risk management strategies that may define the next decade of corporate finance. One delegate suggested the possibility of a comprehensive overhaul of the plan.

Treasury

Global Finance

JULY 28, 2025

This extends across debt financing, risk management, and strategic advisory, often with a strong cross-border dimension.” UBS also is set to open an office in the UAE capital and JPMorgan plans to hire over 100 additional staff to strengthen its already sizable Middle East presence.

Investments

CFO Share

JUNE 6, 2024

The Role of a CFO in Financial Risk Management Managing financial risks is crucial to ensuring long-term business success. However, small business entrepreneurs are particularly ill-suited for risk management: optimistic, energetic, and abstract. What is Financial Risk Management?

Risk Management

CFO Leadership

FEBRUARY 16, 2022

Use our guide to understand and explore the factors that can make it advantageous to embrace a risk management strategy for foreign exchange. The foreign exchange market can be a highly complex task for small-to-medium enterprises to navigate when conducting business overseas. The Foreign Exchange Market.

Risk Management

PYMNTS

MARCH 26, 2020

The company plans to launch the service to more countries in the near future. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX. Some Western Union Agent locations are closed due to the coronavirus pandemic.

Foreign Exchange

PYMNTS

JULY 6, 2020

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.

Currencies

PYMNTS

APRIL 26, 2018

While these challenges remain, firms must also assess and manage risks related to human rights, war, economic turmoil, foreign exchange volatility, cyberattacks and the implications of noncompliance. Today, supply chain and supplier risk management is a beast.

Risk Management

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. “We

Foreign Exchange

CFO Talks

AUGUST 29, 2024

This helps you see potential cash shortfalls early and make plans, like talking to suppliers about extending payment terms or arranging a short-term loan. For example, if your company exports goods, the value of foreign currencies can impact your profits. Practical Tip: Create a cash flow forecast that looks at least a year ahead.

Treasury

Global Finance

OCTOBER 11, 2024

Previously announced honors include Best Global Transaction Bank, Best Bank for Sustainable Finance, Best Islamic Financial Institution, Best Investment Bank, Best Cash Management Bank, Best Trade-Finance providers, Best Supply Chain Finance providers, Best Foreign Exchange Provider, Best Private Bank, and Best SME Bank.

Banking

Global Finance

JULY 26, 2024

Nordea , which wins two awards this year, as both Best Fraud Detection Solution and Best Bank for Treasury FX Services, has developed a new secure Cash Management self-service request. Enhancing Treasury With Technology Tailoring treasury management tools requires a nimble approach, owing to the diversity of client needs.

Cash Management

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. Necessary Planning. What all of these challenges mean is that even when an organization decides to implement a foreign exchange management strategy, unexpected problems can still arise.

Foreign Exchange

PYMNTS

SEPTEMBER 18, 2018

That said, optimism without a firm plan in place is just another form of hot air. The conversation also underscored the growing important of currency hedging, foreign exchange and risk management for businesses of all types. That’s why risk management is becoming more important to more types of companies.

Foreign Exchange

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.

Treasury

PYMNTS

DECEMBER 20, 2017

Invoice Automation Solutions adds to the services already offered by Global Exchange, which include cross-border payment services, foreign exchange (FX) risk management and the integration of these services into existing accounting and enterprise resource planning (ERP) systems. “We

Invoicing

Global Finance

OCTOBER 10, 2024

The political turmoil fuelled a spike in inflation, which hit 11.66% in July amid fast-dwindling foreign exchange reserves. Mansur announced plans to hike the benchmark rate by 50 basis points to 9%, and stated that rates would hit 10% within the coming months. Mansur to be central bank governor. from 13.3% in 2022.

Benchmarking

PYMNTS

APRIL 21, 2016

Cambridge Global Payments, an international payment and risk management company, announced on Wednesday (April 20) that it struck a collaboration deal with Beanworks Solutions, a company that provides cloud-based AP automation tools. Together, the companies said they will look to digitize cross-border B2B payments.

Accounts Payable

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

PYMNTS

AUGUST 17, 2018

Now the challenge is to bring digital, efficient forms of payments, and associated risk management, to one of the oldest industries in the world, one that predates recorded history. A lot of them do not have experience with risk management strategies,” Matheson said. Still Some Paper.

Risk Management

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. That negative impact amounts to an estimated $91,500 in financial costs to small firms. “By

Foreign Exchange

Global Finance

JULY 24, 2024

Additionally, this suite of custody services is integrated with the bank’s transaction banking and foreign exchange offerings to ensure seamless management of custody-related transactions. The result is a highly responsive management team that serves unique customer requirements by developing innovative products.

Banking

Global Finance

JULY 24, 2024

Additionally, this suite of custody services is integrated with the bank’s transaction banking and foreign exchange offerings to ensure seamless management of custody-related transactions. The result is a highly responsive management team that serves unique customer requirements by developing innovative products.

Banking

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?) A long-term and proactive look from the point of view of the financial hedging and risk management opportunities.

Risk Management

PYMNTS

JULY 30, 2018

That was one of the main messages from a recent PYMNTS interview with Karl Schamotta, Regional Director, Risk Management Solutions at Cambridge Global Payments , a payment services and technology firm that helps digital businesses with cross-border transactions, currency exchanges and the hedging process.

Currencies

PYMNTS

JULY 13, 2018

Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. However, we have to do manage our other risks, such as compliance and operational risk.” Sloan also said that foreign exchange and trust businesses remain concerns for the bank. .

Foreign Exchange

Global Finance

MAY 6, 2025

Zenith Bank , Vista Bank, and Banque Exterieure dAlgerie (BEA) have announced plans to venture into France. Some feel it defies logic for them to depend on foreign banks to offer services such as foreign exchange, treasury, cash management, and payment offerings. million in net income and 22.3% Currently serving 6.6

Banking

Global Finance

MAY 8, 2024

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% The bank operates around its pioneering Group Transition Finance Framework. gain, booking 3.6 million).

Banking

PYMNTS

JULY 24, 2019

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. However, focus will quickly switch to the next steps — namely, cabinet appointments and the Brexit plan.

Foreign Exchange

PYMNTS

FEBRUARY 15, 2019

HSBC ‘s blockchain-based system has helped the bank save 25 percent on foreign exchange (FX) trades. Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters that HSBC processes from 3,500 to 5,000 trades a day on FX Everywhere, with trades now being worth $350 billion.

Foreign Exchange

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. FinBox plans to use the investment on product research and development. Australia’s ANZ Bank led a $1.56

B2B

Global Finance

MAY 6, 2025

The bank continues to embed artificial intelligence in its processes with an AI-driven credit-assessment model for greater efficiency in credit decisions and improved risk management. With these initiatives, the bank has captured a 13% market share in Jordan.

Banking

PYMNTS

FEBRUARY 28, 2019

Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. However, managing foreign exchange (FX) risk is part of the territory — and, as he told PYMNTS, a calculated approach to currency exposure is key.

Risk Management