If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned to the ebbs and flows of the FX market — or risk losing profits. The FX rate between the greenback...
A U.S. company holding money in euros is at constant risk of losing money: If the FX rate between the euros and the greenback falls, so do their profits. Political and economic factors, such as the Brexit vote or a lapsed loan between banks in...
What’s good for the U.S. dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. That was one of the main messages from a recent PYMNTS...
From blocking and tackling on the gridiron to blocking and tackling Internal threats and hackers – and quantum computers? HyperSpace board member Lewis Neal (of the Dallas Cowboys) and firm founder Dane Butzer tells PYMNTS’ Karen Webster that companies and consumers are vulnerable even when...
It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. Where once traditional finance companies viewed tech-driven service firms with caution and even a bit of skepticism, the realization more recently has been that joint efforts can reap dividends....
Complex, big, risky, exotic. Hedging FX exposure need not be any of those things, according to Cambridge Global Payments COO Mark Frey. PYMNTS went beyond the buzzword to find how to create a clear hedging process that protects the bottom line from the vagaries of...
When it comes to personally identifiable information (PII), the words of Gandalf are a good rule for individuals to live by: “Keep it secret. Keep it safe.” But caution will only do consumers so much good, unless the organizations to whom the PII is entrusted...
Supply chains are globalizing even as rising protectionism threatens to place new challenges and barriers on those trade partnerships. Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most...
Can RegTech create strategic advantage? Can it allow firms to (gulp!) take on more risk? Marry tech and talent, says Crowe Horwath Principal Clayton Mitchell, and the limits can be lifted on regTech’s potential.
