August sees US data coming on strongly, but new challenges emerge
A flurry of mixed indicators were beginning to shake up the FX ecosystem as we came into August, dashing hopes for…
Financial Management
Cyber fraudsters are reaping even bigger rewards
Fraudsters have stolen £593 million from UK accounts since April as reports of such attacks continued to increase throughout the year. New…
Interest rate hike: business leaders react
Experts have reacted to the Bank of England’s decision to raise interest rates for the 14th time in a row, lifting…
China-US tensions drive yuan ‘internationalisation’
Despite being a major economic player and main trading partner of more than 120 countries, China is struggling to impose its…
Is AI the missing link to streamlining cross-border payments?
Long settlement times. Intensive compliance requirements. The threat of fraud. Despite a pervasive shift to digital transactions, cross-border payments providers and their customers…
Banking crisis prompts US firms to rethink FX policies
A new report has revealed that many corporates in North America are looking to diversify their FX counterparties after the recent banking crisis…
Are we about to see the end of the dollar’s dominance?
For nearly 75 years, the US dollar has retained its place as the global reserve currency. Yet as the landscape of…
Unseen corporate spending ‘hits £2.7bn a month’
Leading businesses are unable to identify £2.7 billion worth of expenditure every month until after it has already happened, compromising their…
How CFOs are driving value with cross-organisational data
In the latest of a series of articles on the changing roles of finance professionals, Brian Montgomery looks at the importance…
Polls reveal the state of UK cash flow
Finance professionals in UK businesses are actively reducing expenses, with 43 per cent doing so to minimise the impact of inflation…