Why Treasurers Should Be Influencers Inside Their Companies
In today’s rapidly evolving corporate landscape, treasurers need to do more than manage cash flow, investments, and risk. They must step up as influencers within their organizations. Unlike the influencers you find on TikTok or Instagram, corporate treasurers need to wield influence across various departments—like Procurement, Sales, and Financial Planning & Analysis (FP&A)—to ensure the…
Franklin
Treasury for Non-Treasurers: What is Treasury?
Treasury for Non-Treasurers: Article 1 – What is Treasury? Summary: 4 pillars, simple but with massive implications.
Nicholas
Organizations Shift Deposits to Large Banks Amid Economic Uncertainty
In a proactive response to the challenging economic environment, 45% of organizations have moved their deposits to large banks, according to the 2024 AFP Liquidity Survey. This strategic shift aims to enhance financial security by leveraging the stability of systemically important financial institutions. Additionally, 35% of organizations diversified their deposits among multiple banks to mitigate…
HSBC Partners with Visa to Develop Zing International Money App
In a significant move towards enhancing digital financial services, HSBC has teamed up with Visa to launch the Zing international money app. This collaboration marks a strategic effort by both financial giants to simplify and innovate cross-border transactions for consumers globally. Streamlining Cross-Border Payments The Zing app aims to streamline the often complex and time-consuming…
Understanding the Differences in Treasury Teams & functions: Middle East vs. Europe and the US
In the intricate world of corporate finance, the structure and setup of treasury teams can vary significantly depending on the region. From the oil-rich landscapes of the Middle East to the regulatory frameworks of Europe and the dynamic capital markets of the US, each region has distinct characteristics that shape how treasury functions operate. Understanding…
The Hidden Costs of Not Having a Treasurer: A Risky Oversight
In the realm of corporate finance, the treasury function is often viewed as a cost center, primarily because the salaries of treasurers and treasury teams represent a direct expense on the company’s financial statements. Unlike profit-generating departments, a treasury does not directly contribute to the company’s bottom line. However, this perspective overlooks a crucial aspect:…
Stripe and Coinbase Integrate Crypto Services
Coinbase and Stripe have recently announced a partnership to promote the global adoption of cryptocurrencies. This collaboration aims to enhance the financial infrastructure by making crypto transactions faster and more affordable. Read more about the partnership in Coinbase + Stripe team up to expand global adoption of crypto Key Points of the Partnership: 1. Integration…
Reuters FED Interest Expectations
The article from Reuters discusses how U.S. Treasury yields remain high due to lowered expectations for Federal Reserve interest rate cuts. Initially, markets anticipated significant rate cuts in 2024, but strong economic indicators and persistent inflation have adjusted these expectations downward. Currently, traders foresee only two modest rate cuts next year. This change has caused…
Bunq Unveils its own AI Money Assistant
Bunq, a prominent European Neobank, has partnered with Mastercard to innovate in open banking by introducing a new generative AI platform named Finn. This move marks Bunq as the first AI-powered bank in Europe, showcasing its commitment to leveraging advanced technologies for enhanced user experiences. To learn more about Bunq AI Finn, check [HERE]. Recommended…
- 1
- 2