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MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar. Yet, status quo prevails.

Risk Mitigation 40

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JUNE 20, 2017

But Big Data lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. There are several ways heightened data management can yield more effective risk mitigation , Hazeltree noted.

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FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. B2B payments market. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Automation 83

Automation Payment APIs and Integration B2B Accounts 83

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JUNE 25, 2020

Treasury is in a really unique position to help the company think through those questions because of its role in forecasting cash and managing cash, and because many financial functions report up to the treasury.”. Liquidity Resiliency Through Technology.

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MAY 2, 2019

“By leveraging innovation, we continue our strategic journey to drive digitization throughout our worldwide operations,” said Citi Treasury and Trade Solutions Global Head of Trade John Ahearn in a statement. ”

Transactions 53

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PYMNTS

APRIL 27, 2016

The conversation about exposure to FX risk continues to mount alongside the strengthening U.S. More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges.

Risk 40

Risk Risk Mitigation Mitigation Cross-Border 40

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MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

Risk 42

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JUNE 27, 2019

Among the most recent partnerships announced in this context is a tie-up between treasury management solution provider Kyriba and JPMorgan Chase. It’s not just the largest enterprise and treasury departments weighing their opportunities in faster payments, though.

Faster Payments 40

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SEPTEMBER 6, 2017

The company’s latest 2017 Global Corporate Treasury Survey was recently published, and it’s not surprising that, since its 2015 report, Deloitte found that treasurers continue to face new pressure from their executive committees and boards to become a strategic, value-added role within the enterprise. Technology Tripping Up Treasury.

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PYMNTS

APRIL 9, 2019

. “But they’ve probably grown up separately because, traditionally, banks have looked at one as a financing opportunity or corporates looked at one as a monetization opportunity, and the other is pure risk mitigation. But I think, for a number of reasons, you start to see the two go more hand in hand.” ”

Finance 63

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AUGUST 2, 2018

Nearly two-thirds of CFOs surveyed in July by HSBC said their earnings were negatively affected by FX volatility exposure; nearly half of the CFOs at companies with revenues surpassing $5 billion said they hope to increase their FX risk mitigation strategies. ”

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APRIL 22, 2019

The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately. Adoption and implementation will rely significantly on market demand.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

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AUGUST 15, 2019

However, the watchdog said, p-cards and B2B transactions aren’t necessarily all exempt. “In Separate reports in Cash & Treasury Management File in 2017 pointed to the European Banking Authority’s comments on the matter that support the exemption for corporate payments initiated from a dedicated corporate payments process or protocol.

Payments 49

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MAY 7, 2020

In times of volatility, corporates and their business partners must collaborate to find common ground and ensure that cash continues to flow favorably for both sides of a B2B transaction. CIT, meanwhile, will offer its Treasury and Payment Services tools to streamline cash flows for SMBs when both sending and receiving payment.

Payer 60

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MAY 19, 2016

Risk mitigation is often thought of in the context of FX volatility and global trade. That’s according to OpenLink VP of Commodities and Treasury Solutions Mark O’Toole. Even just 16 months ago, these professionals probably weren’t as attuned to the gaps between FX and commodities risk management as they are today. “For

Risk 40

Risk Treasury Management Treasury Risk Management 40

PYMNTS

NOVEMBER 12, 2018

A new report from BNY Mellon , “The Future of Payments: A Corporate Perspective,” surveyed a few corporate clients of the institutions’ Treasury Services unit. Put simply, the vast majority of businesses are expecting the digitization of B2B payments to impact their firms in the coming three years.

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44

PYMNTS

JULY 24, 2019

businesses and their partners around the globe must hedge against FX risk, the latest analyst from Citi warns that FX hedging should be a top priority for companies in emerging markets. Vietnam, Jamaica Urge FX Risk Mitigation. And while expected currency fluctuations resulting from Brexit will surely mean U.K.

Treasury 57

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NOVEMBER 10, 2017

B2B FinTech enjoyed more time in the spotlight with investors this week as companies around the globe — ranging from eProcurement to small- and medium-sized business (SMB) accounting to supply chain management startups — secured fresh funding to support growth. B2B payments. B2B eCommerce. Alternative Lending.

Finance 40

Finance B2B Online and Mobile Banking Small Business 40

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JUNE 3, 2020

Collaborating with FinTechs means banks can provide this technology to business customers while also obtaining benefits like risk mitigation functionality offered by the third-party FinTech. LiquidX CEO Jim Toffey noted in a statement that corporate banks have been seeking such technology to offer to their corporates.

FinTech 68

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MAY 22, 2018

Corporate treasurers gathered for the Association of Corporate Treasurers (ACT) annual conference last week, and there, treasury professionals made clear where their priorities stand today. Ninety-one (91) percent of treasurers across the globe surveyed by ACT agreed that treasury has a strategic role in the enterprise today.

FinTech 49

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MARCH 30, 2017

Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. He added that some services, like those offered by Money Mover, allow a small business to lock in an FX rate to mitigate against fluctuations. small businesses.

Cross-Border 43

Cross-Border Cross-Border Payments Mitigation Risk Mitigation 43

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APRIL 6, 2016

When B2B payments firm Saxo Payments released a new whitepaper outlining the troubles of cross-border payments for corporates, the company was gearing up for its latest release: a real-time foreign exchange trading platform, integrated into its Banking Circle portal.

Risk 40

Risk Cross-Border Payments Cross-Border Payer 40

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NOVEMBER 9, 2017

Corporate treasury is now more strategic for the enterprise, meaning chief financial officers and treasurers must be close-knit with their organizations’ boards of directors. More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short.

Risk Management 43

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APRIL 22, 2016

On the heels of the announcement of their partnership, Beeks’ McArthur discussed the forex trading space today and what makes it a challenging, never-before-seen ecosystem for corporate treasuries. dollar’s bullish trend, corporate treasuries are increasingly using FX hedging to help manage risk,” the report stated.

Treasury 40

Treasury Mitigation Cross-Border Risk 40

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MAY 30, 2016

CHAPS payment scheme in 2015 , and the infrastructure is used primarily for corporate treasury payments , according to the latest data from UK Payment Markets 2016.The 10% more usage in Options signals a newfound interest among Australian SMEs for FX risk mitigation , found analysis from East & Partners.

Finance 40

Finance SWIFT Push-to-Card Risk Mitigation 40

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MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Process 40

Process Treasury Risk Mitigation Accounts 40

PYMNTS

MARCH 2, 2016

Global Treasury Advisory Services Practice Partner Karlien Porre in a statement. How can strategies be developed effectively if the exposure risk information is not being used to shape year-on-year performance as opposed to just the here and now?” If you can’t see it, you can’t manage it,” said Deloitte U.K.

Treasury 40

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MARCH 9, 2018

The solution is designed for treasury and FinTech applications, OANDA noted, and aims to enhance those apps’ ability to enhance cash flow, reduce FX risk exposure and increase FX visibility to end users. “As

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PYMNTS

AUGUST 1, 2018

The report concluded that treasurers lack the technologies they need to heighten that visibility and obtain real-time insight into FX risk exposures. In Ramos’ view, treasurers are beginning to take the lead in FX risk mitigation, and it appears education has become a critical component of that effort.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Disputes 40

PYMNTS

JUNE 30, 2016

Treasury management technology firm Reval says Brexit makes it painfully clear that, for those businesses not conducting contingency and scenario planning, their financial situations are far less stable. “Treasuries typically don’t have lots of resources,” Seward said. Following the U.K. “The future of the U.K.

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JULY 17, 2018

The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting. Earlier this year, the U.K.’s

Blockchain 40

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JUNE 10, 2019

Treasury Secretary Steven Mnuchin said last month that the U.S. Toyota , for example, created a “virtual war room” of about 150 employees to look into the potential impacts of different U.S. trade policy scenarios after the Trump administration imposed tariffs on aluminum and steel imports last year, sources told Bloomberg.

Risk Mitigation 47

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MARCH 15, 2016

The city is a major economic hub in Europe and home to a diverse range of businesses that we are certain will benefit from our tailored payment and treasury management solutions.”. According to AFEX, the nation saw a 4.7 AFEX already operates offices in other areas of Europe, as well as the U.S., Asia, Australia and Canada.

Cross-Border Payments 41

Cross-Border Payments Cross-Border Treasury Management Treasury 41

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MAY 23, 2016

While there is technology to heighten transparency of business processes like cash flow, FX risk and other financial aspects of the job, the accuracy, accessibility and actual use of those tools is far from a sure thing. Researchers said exposure to trade credit risk in this region has increased by 19 percent compared to the year prior.

B2B 40

B2B Risk Mitigation Risk Cross-Border 40