Kyriba Acquires Currency Management Vendor FiREapps
The companies said they will offer a one-stop shop for multinationals’ cash management needs.
Why Is Blockchain Suddenly So Hot?
All at once, it seems, corporate treasury departments are embracing the distributed-ledger technology to manage FX more efficiently, among other reasons.
Currency Moves Take a Smaller Bite Out of Earnings
Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.
Currency Volatility Costs Hit Record $33.9B
"Corporates are seeing more significant sustained negative impacts than at the height of the euro crisis," FiREapps says.
Gee, 20: No New Currency Deal, China Devalues Yuan
China's move, just two days after saying it would not devalue its currency, is unfortunately business as usual.
Three Currency Predictions for 2016
Volatility will no longer be the "new normal" but just the norm; it will be the "year of the yuan"; and FP&A teams will be pressed for insights.
Currency Volatility Costs Highest In Three Years
Data from FiREapps suggest North American multinationals are struggling to adapt to global currency shifts.
Cost of Currency Volatility Hits Record $31B
First-quarter negative impact numbers for North American and European corporations eclipse even the height of the euro crisis, survey says.
Currency Surprises Hammer Earnings
A strong U.S. dollar and other currency swings are revealing companies' shortcomings in the area of identifying and quantifying foreign-exchange exposures.
Multinationals Hit Hard by Currency Volatility in Q3
The U.S. dollar rose 7.7% against the euro in the third quarter, widely affecting North American companies.