Digital platforms and eCommerce marketplaces that operate worldwide face a host of challenges: managing payments to vendors, suppliers and freelancers; avoiding noncompliance worldwide; and dealing with delayed or missed payments. In a business climate where a one-day delay in payment processing can mean weeks of...
If FTX’s collapse has taught us anything, it’s that stability is still highly relevant. As Shaunt Sarkissian, group chief markets officer at The Bank of London (TBOL), put it in a recent interview: “People are looking for three things [today]: stability, quality in management and...
Risk management strategy can be challenging for businesses, but it can be overwhelming when they add cross-border transactions to their list of responsibilities. Developing the right payments strategy for international transactions is key to growth and effective long-term risk management for many businesses. In “Global...
Corporate treasurers are faced with multiple pressures in an uncertain economic climate, including the need to support long-term growth. Developing a payments strategy that is both efficient and agile to scale is a significant challenge, as growth can create obstacles to timely settlement and transactions,...
February 14, 2023
Digital platforms and eCommerce marketplaces that operate worldwide face a host of challenges: managing payments to vendors, suppliers and freelancers; avoiding noncompliance worldwide; and dealing with delayed or missed payments. In a business climate where a one-day delay in payment processing can mean weeks of supply chain issues, the amount of potential pitfalls can overwhelm […]
December 12, 2022
If FTX’s collapse has taught us anything, it’s that stability is still highly relevant. As Shaunt Sarkissian, group chief markets officer at The Bank of London (TBOL), put it in...
December 06, 2022
Risk management strategy can be challenging for businesses, but it can be overwhelming when they add cross-border transactions to their list of responsibilities. Developing the right payments strategy for international...
March 12, 2023
The Bank of London has offered to purchase the British operations of the collapsed Silicon Valley Bank. The clearing bank said Sunday (March 12) it has sent proposals to U.K. authorities, including the Treasury and the Bank of England (BoE), Reuters reported. The bank is heading a group of investors which include private equity funds. […]
