Sterling news and trends

Today In B2B: IoT’s Accounts Payable Pressures; Dwolla Loops Into RTP
B2B Payments // April 07, 2021

Today in B2B payments, Tellennium discusses the pressure of IoT on accounts payable, and Dwolla loops into real-time payments. Plus, Sterling collaborates with Rho on business banking, Cora lands funding for its SMB lending technology, and Intuit bolsters tax professionals’ productivity. How Accounts Payable Grapples...

Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
Cryptocurrency // September 23, 2019

Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday (Sept. 20).  The information was reported by the German news magazine Der Spiegel, referring to...

UK Corporates Brace For Weaker Sterling, Slower Economic Growth
B2B Payments // April 30, 2018

Market volatility and uncertainties linked to Brexit seem to have hit corporate spending in the U.K. harder than expected, reports in Reuters said Friday (April 27), as the sterling hit a two-month low against the U.S. dollar. Hopes for the Bank of England to raise...

Businesses Idle As FX Volatility Hits Profits Hard
B2B Payments // March 27, 2018

Analysts have been abuzz about the potential – and realized – impact of Brexit on businesses in the U.K. abroad, with far-reaching ramifications of the U.K.’s departure from the European Union. Among the largest Brexit-related risks for U.K. companies is foreign exchange fluctuation, and new...

Quick Reads
Facebook’s Libra Will Get 50 Percent Backing From US Dollar 

September 23, 2019
Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore dollar, Reuters reported on Friday (Sept. 20).  The information was reported by the German news magazine Der Spiegel, referring to a letter from Facebook to German politician Fabio De Masi, […]