Entries by treasuryXL

Tame the ghost! Cancellations & currency management in Travel

20-12-2021 | treasuryXL | Kantox | LinkedIn | How to automate the FX treatment of cancellations It is no secret that the wave of cancellations following Covid-imposed travel restrictions has been a nightmare for travellers, airlines, hotel chains and tour operators alike. In the United States alone, cancelled domestic flights peaked at 137 thousand in […]

Foreign Exchange Hedging – Putting More Flow into Your Cashflow

16-12-2021 | Xe | treasuryXL | LinkedIn | Volatility in the market creates hedging opportunities. You can more accurately forecast margins, and have peace of mind knowing your costs won’t increase. Any business that imports or exports goods or services have a foreign exchange requirement. Depending on how large the volume of their orders and/or sales, […]

Survey | Anomalous Payments Detection

15-12-2021 | treasuryXL | Nomentia | LinkedIn | Our partner Nomentia and Netguardians, are conducting a survey for treasury and finance professionals to get a better understanding of the current challenges companies are facing in identifying and preventing anomalous payments. This way, we can provide more relevant solutions and share industry knowledge with the treasury and […]

Currency Volatility Is A Catalyst for Response by Treasury

15-12-2021 | treasuryXL | Kyriba | LinkedIn | The Q2 2021 Kyriba Currency Impact Report showed a strong tailwind for many US corporates driven in large part by the strengthening of two main trading currencies for many US corporates, EUR and GBP. Both currencies strengthened steadily through Q2 2021, but currencies have since retreated through […]

What should you know about SWIFT system transfers?

09-12-2021 | Xe | treasuryXL | LinkedIn | The SWIFT network is well-known and used by banks around the world, but it may not be the best channel for you to send your money transfers through. The Society for Worldwide InterbankFinancial Telecommunication (SWIFT) network, which was founded in Belgium in 1973, handles about half of the world’s cross-border […]

What is holding back blockchain adoption and what should be done?

08-12-2021 | Carlo de Meijer | treasuryXL | LinkedIn Early this year I wrote a blog about the existing technology challenges that were holding back a more massive adoption of blockchain technology and of possible solutions that may tackle these. Though blockchain has many advantages this technology still has a lot of growing pains to […]

Does Your Business Need Protection from FX Uncertainty?

| 02-12-2021 | Xe | treasuryXL | LinkedIn | Don’t have a bank account? Want to have cash on you? In those cases, cash pickup could be the money transfer method for you. One of the most interesting aspects of what the XE Business Solutions team does is having relationships across a broad range of industries. It helps […]