Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with...
CFOs’ and treasurers’ offices are among the most difficult stops on the digital roadmap in finance and yet are part of the corporate C-suite that oversees the most critical function: day-to-day cash flow management. For forward-thinking corporates — and the financial institutions serving them —...
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you...
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of low interest rates is, arguably, over. One mainstay? Volatility will be a hallmark of interest...
November 19, 2024
As global business-to-business (B2B) payment volumes rise, business leaders are faced with a crucial yet often overlooked question: How much value does simplicity add? In digital finance, where automation, real-time data, and interconnected payment solutions are table stakes, simplicity has emerged as a defining performance metric — on par with speed, cost and security. “Simplicity […]
November 18, 2024
Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate...
November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business...
October 30, 2024
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of...
August 27, 2024
Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead Apple’s corporate services teams, according to a Monday (Aug. 26) press release. Kevan Parekh, Apple’s vice president of financial planning and analysis, will take his […]
June 10, 2024
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with...
June 10, 2024
OpenAI has named a new chief financial officer (CFO) and a new chief product officer (CPO) as it prepares for its “next phase of growth.” Sarah Friar, former CEO of Nextdoor, has...
May 21, 2024
Artificial intelligence (AI) startup Anthropic has appointed Airbnb veteran Krishna Rao as its chief financial officer (CFO). In his new role, Rao will help shape Anthropic’s financial strategy and operations as the company grows and...
