This month’s crash of the Russian and Argentine currencies may not be surprising but does point to wider issues for emerging economies and for treasurers offers an object lesson in handling volatility.
As global corporates face $22.5bn headwinds in currency impact, the Kyriba team advises corporate treasurers to rethink their risk management programmes.
The partnership will enable GTreasury’s network of more than 800 large corporate and enterprise clients to integrate with Convera’s payments platform, enabling access to global banking networks.
The more complicated functions within risk management - namely hedging FX - have traditionally required deep relationships with bankers. But this is no longer the case, says one fintech bringing hedging to SMEs.
While recent downward pressure on the Hong Kong currency might show the increasing influence of China, the Hong Kong dollar peg is simply too useful to change.
With a new digital banking tool aimed squarely at the region’s SMEs, he spoke to CT about trends in transaction banking, small businesses and what the future holds for corporate treasurers.
For banks that deal with small businesses and B2Bs, the future lies in the right infrastructure for low-value payments. SWIFT's new pilot aims to run low-value payments on gpi's rails
Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.