Remove Foreign Exchange Remove Prioritization Remove Treasury
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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. We’re not just talking about the digitization of fiat,” he said.

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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.

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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.

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Money Mover Warns UK SMEs To Lock In FX Rates

PYMNTS

Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. Last year Western Union Business Solutions released new services for small businesses looking to hedge and mitigate against foreign exchange volatility. small businesses.

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Reminding The Middle Market That Global Payroll Demands Cybersecurity, Too

PYMNTS

But often, businesses prioritize security of customer data, then safeguard internal company data. Payroll is a part of the core treasury function, and it can be an area that needs work and attention,” she said, adding that the influx of FinTech innovation has “absolutely” enabled payroll to gain capabilities it didn’t have before.

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Best Financial Innovations 2024

Global Finance

The Corda platform prioritizes privacy, security and interoperability; and it has supported many other DLT projects, including Progmat’s recent tokenized bond project in Japan.

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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.