Entries by treasuryXL

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 […]

How does BRITA GmbH use Nomentia Payments in Germany?

| 01-12-2021 | treasuryXL | Nomentia | LinkedIn | BRITA GmbH, a German water filter manufacturer with total sales of 617 million euros in the business year 2020 and 2,205 employees worldwide at the end of 2020, is the market leader in drinking water optimization and individualization. The company is represented by 30 national and international subsidiaries and branches […]

Who is process owner in the search for a treasurer?

| 30-11-2021 | treasuryXL | Pieter de Kiewit | LinkedIn | Over the last years, Treasurer Search found hundreds of treasurers. Our client contact persons are HR managers & internal recruiters, the CFO, Group Treasurer and sometimes even procurement. There is no standard first contact. Working with more than one often works best. This is what […]

Non-fungible Tokens: bubble or future?

| 29-11-2021 | Carlo de Meijer | treasuryXL | LinkedIn A new phenomenon in the blockchain world are so-called NFTs or non-fungible tokens. Although NFTs have been around for some years, the market for digital art pieces, commemorative items, and other assets that now reside in blockchain ecosystems has exploded this year. The NFT market […]

Figuring Out your Company’s FX Requirements

| 25-11-2021| treasuryXL | XE | LinkedIn There is no crystal ball that can accurately tell you the future of where a currency will trade in the short, medium or long-term.   When looking to partner with an FX provider, your first priority should be to evaluate the payments your business has made previously in […]

Trade Finance for Treasurers

23-11-2021 | Wim Kok | treasuryXL | LinkedIn The current global trading environment has exposed new complexities and heightened risks associated with international trade, notably through Covid 19. Following the latest studies (* ADB) the global trade finance gap grew to an all-time high of USD 1,7 trillion. Especially for SME sector (being hardest hit) the […]