Eastern Freeze
Multinational firms gear up for stiffer Russian sanctions
The United States government and the United Nations Security Council recently introduced sanctions designed to discourage companies from doing business in Iraq. But experts are split on whether they will have much of an effect on treasury and finance departments — or even if more sanctions are on the way. In early August, the U.S.
How Will Iraq Sanctions Affect Treasury and Finance? Read More »
Escalating tensions in the Ukraine and fears that Russia might cut off gas supplies to Europe are creating an ever more difficult environment for multinationals with operations or partnerships in the region.
Amid Ukraine Escalation, More Woes for Treasury and Finance Read More »
Treasury and finance executives whose companies do business in Russia, the Ukraine, and other former Soviet republics are already seeing the effects of the mounting crisis on their bottom lines. The turmoil has caused the ruble’s exchange rate to plummet, making it more expensive for companies to import goods into Russia and to service existing
Ukraine Turmoil Wreaks Havoc on Treasury and Finance Groups Read More »
Treasury and finance executives whose companies do business in Russia, the Ukraine, and other former Soviet republics are already seeing the effects of the Crimean crisis on their bottom lines. The turmoil has caused the ruble’s exchange rate to plummet, making it more expensive for companies to import goods into Russia and to service existing
Sphere of Influence Read More »
Finance professionals are putting big data tools to use to drive revenue Online job search site TheLadders matches senior-level professionals with high-paying jobs, and the company is investing in data analytics to make those matches more accurate for users. But the company’s financial department will benefit from the new focus on analytics as well. “Normally,
Get Proactive: Finance professionals are putting big data tools to use to drive revenue Read More »
Overstock.com, the second-largest online retailer in the U.S., has begun accepting Bitcoin as payment for all purchases. “Bitcoin’s first full day on @overstock.com was a huge success: 840 orders, $130,000 in sales. Almost all new customers,” tweeted Overstock CEO Patrick Byrne. Meanwhile, for those who are highly interested in such virtual currencies which can be
Bitcoin of the Realm: Overstock.com Accepts Virtual Currency Read More »
Merchants are starting to accept Bitcoin–overcoming challenges and earning new customers in the process In 2013, Bitcoin was primarily known for its use in nefarious activities, such as money laundering, drug dealing and hiring assassins. In addition to not wanting to be associated with this kind of behavior, legitimate companies avoided the cryptocurrency because of
Beginning of the End Read More »
What treasury and finance executives need to know about encryption Treasury and finance executives need to know enough about encryption and security to ensure that those policies not only match the company’s general attitude towards risk, but also account for particular risks associated with certain departments and processes. Encryption is a good safety measure because
New virtual currencies a risky bet for corporations Virtual currencies have been in the news lately, with Bitcoin in particular gaining attention from an influx of new users and acceptance at thousands of retailers. But should all treasury groups consider using virtual currencies? If so, what are the risks? OkCupid, an online dating service, readily
Big data–the catch-all term for collecting, storing and analyzing massive amounts of data–is the hot business topic this year. For treasury and finance professionals, however, there are some risks associated with big data. These risks include compliance and regulatory risks, the risk of wasting money on misguided big data projects, and the risk of doing
Big Questions: Big data offers big opportunities and big risks for treasurers Read More »
Cloudy Does the cloud help or hinder credit card payment security and compliance? Depending on whom you ask, processing credit card payments in the cloud is either a great leap forward for security and compliance, or a big step backward. Actually, it can be either–depending on the type of cloud you have in mind and