FX volatility & setting budgets
by Kylene Casanova
FX volatility is often omitted from financial planning, usually because the owner of the budget 'drafts' the FX assumptions with little research or uses the banks' consensus view of the FX market.
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Bank of America Merrill Lynch Launches CashPro Accelerate® in 12 markets in Asia Pacific
by Kylene Casanova
Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singa
Fraud levels are really scary: Google looks to ditch password for good as they are insecure and ECB
by Kylene Casanova
Google engineers are looking at ways to stop using passwords, which they believe are no longer enough to keep users safe. They are testing new tools that could replace passwords as the primary way of authenticating
UK’s Association of Corporate Treasurers advice on practical alternatives to LIBOR for AUD, CAD, DKK
by Kylene Casanova
LIBOR is currently published for ten currencies and fifteen maturities. The ACT regards the availability of reference rates such as BBA LIBOR as very important and functioning as a significant public good. For users
e-apostille will change how international business is carried out…. eventually
by Kylene Casanova
Notaries provide a service for commercial firms engaged in international trade, and for private individuals. The most common tasks are:
GTreasury claims major share of US treasury management systems market growth in 2012
by Kylene Casanova
2012 was another successful year for Gtreasury, the US based SaaS treasury management solutions, with record sales and increased client adoption rates, above and beyond a notable 2011.
Applying a Portfolio Management Framework to the currency hedge decision
by Kylene Casanova
John Bird, Atlas Risk Advisory LLC, in his white paper, describes how many companies hedge each exposure to a preset hedge coverage ratio according to policy. Nevertheless, in practice they will
Citi Launches Network 3.0 to expand and enhance suite of Investor Services. Program delivers industr
by Kylene Casanova
The suite of new investor service solutions from Citi use their global network in over 95 countries and on-the-ground local market expertise. Core to Network 3.0 is the Integrated Custody programme that will enhance
PrimeRevenue has launched of SCiEnable, a supply chain finance solution on the firm’s OpenSCi platfo
by Kylene Casanova
The new tool combines web-based training, automated document delivery and customer service to educate suppliers on the process and benefits of supply chain finance.
IASB’s change to flawed IFRS 9 Language is corporate win, but complicates accounting for FX Hedges a
by Kylene Casanova
The IASB's alternative solution applies a fix to the way the IFRS 9 amendments, issued last September, treated the element of currency basis in forward FX pricing, which would have left companies exposed to signific
Legal settlement kicks in: US merchants can now charge for credit card transactions
by Kylene Casanova
Retailers in 40 US states can now charge up to four percent extra when consumers pay for goods and services with a credit card. The new service fees would potentially cover the merchant's cost of processing the cred
London increases lead in foreign exchange trading as global turnover drops 7%, but will the Financia
by Kylene Casanova
The City UK's latest estimates show that the UK accounted for 37% of global foreign exchange trading in October 2012. These estimates are based on individual surveys of foreign exchange activity also released today
The real truths about releasing trapped cash
by Kylene Casanova
The article by Gavin Hinks, in The Treasurer in September 2012, gives several important tips about how to free your cash:
Swap management and systemic risk control is getting easier as CICI Global Legal Entity Identifier i
by Kylene Casanova
The Depository Trust Clearing Corporation (DTCC) and SWIFT announced today that their global legal entity identifier (LEI) solution had progressed at a robust pace since its August, 2012 launch with more than 47,000
Structural changes in share class changes in MMF to prepare for potential negative euro money market
by Kylene Casanova
A recent report by Fitch says that over half of Institutional Money-Market Funds Association (IMMFA) euro MMFs by assets have adopted or publicly announced they are in the process of adopting
Faster Payments revolution is UK is being driven by the SMEs. Finance Director: ‘We’ll never use che
by Kylene Casanova
The astonishing growth in Faster Payments (the online payment service for phone, the Internet and other payments) usage in 2012 - 54% by volume and 163 % by value - shows consumers and businesses just love the servi
Another boost for bill payment by mobiles: NACHA’s Council for Electronic Billing and Payment
by Kylene Casanova
US electronic payments association NACHA's Council for Electronic Billing and Payment (CEBP) has issued final guidelines for the use of Quick Response (QR) - see below - codes in consumer bill payment.
UK Clearings in 2012: a revolution is occurring with astonishing growth in Faster Payments - 54% by
by Kylene Casanova
The UK Payments Council's clearing statistics for 2012 show that a revolution is happening in the UK payments landscape:
ERM: Building a Risk Culture in your organisation is now essential as unexpected events are happenin
by Kylene Casanova
Events like superstorm Sandy are natural triggers for companies' reexamination of their risk preparedness and business resilience planning, but they should also start an internal dialogue about risk culture.
Card acceptance boosted by Citibank India’s use of mobile phone card acceptance system
by Kylene Casanova
Citibank India has teamed up with a local tech firm Ezetap on a Square-like App and reader-based system for turning mobile phones into card payment acceptance devices which will make it much easier for merchants to
RMB internationalisation: Citi the First Foreign Bank to Complete a Cross-Border RMB Lending Transac
by Kylene Casanova
Citibank (China) Co., Ltd. ("Citi China") today announced the completion of the first cross-border lending transaction in Renminbi (RMB) by a foreign bank in China.
Bill paying US consumers use increasing range of payment systems with mobile on increase AND 20%+ ch
by Kylene Casanova
The fifth annual Billing Household Survey, which was carried out by US financial services technology company Fiserv, indicates that:
AFEX launches enhanced version of AFEXDirect which provides the ability to schedule payments to bene
by Kylene Casanova
AFEX, one of the world's largest non-bank providers of foreign payment solutions, with international payment expertise around the globe, today announced the launch of an enhanced version of AFEXDirect™.
Another spur for e-invoicing as Tradeshift and Intuit partner to form world’s biggest network
by Kylene Casanova
The formation of the world's largest e-invoicing network by Tradeshift and Intuit will give another boost to the adoption of e-invoicing world-wide. This combined with the emerging new standards could see 2013 as th