How 2022 Will Transform Your Treasury Department
In record time, banks appear to have stepped up and deployed much-needed liquidity to global commodity traders, especially to metal traders affected by unseen circumstances in the LME (London Metal Exchange). For Mihai Andreoiu, Senior Director at Redbridge, the current crisis re-surfaces some older questions, like can commodity traders keep relying mainly on bank (uncommitted) lending?
With all of the uncertainty in today’s world – economic turbulence and political turmoil – it’s more important than ever for businesses to be able to forecast future cashflows accurately.
Global Treasurers are continually striving to streamline account structures and centralize transaction processing. Increasingly, they are turning to virtual accounts as a key tool to provide this comprehensive view of their cash position and improve their decision-making process. However, in spite of certain advantages, virtual accounts have some difficulties when being integrated into the landscape of companies.
In a position paper reflecting Redbridge’s views on sustainable financing, Muriel Nahmias, Managing Director – Debt Advisory, analyzes the consequences of a foreseeable disappearance of the incentives (bonuses) commonly granted in the context of ESG financing.
Almost every company has some sort of external rating of its creditworthiness. For larger companies that issue debt in the public markets, this may include ratings by the well-known rating agencies such as S&P Global, Moody’s and Fitch Ratings. Companies are also assigned ratings by their banks, certain credit insurance providers, and third-party credit monitoring services. Let’s take a look at the primary reasons why these ratings matter.
In-house banking provides a number of advantages to financial departments when it comes to managing their cash flow more effectively: it helps them combat fraud, control financial risks and optimize their working capital requirements. Jéromine Adler and Arielle Chave, consultants in Redbridge’s Treasury Advisory team, highlight some of the keys to success when it comes to such projects.
Due to the recovery of industrial production and international trade, working capital has become one of the main challenges finance departments are facing today. Asset-based financing solutions can facilitate working capital management, diversify sources of financing and optimize the cost of debt. Listen to our November 16, 2021 market update on key players in factoring and reverse factoring businesses in Europe.
Are Visa’s Debit Routing Practices Making PIN and PINless Debit Transactions Better or Worse for Merchants?
The U.S. Department of Justice’s plan to probe Visa’s debit card routing practices and what it means for businesses
The world of payments is in a permanent evolution but some changes are bigger than others. In today’s environment, where commercial exchanges are globalized, payment transactions are tremendously varied, numerous and complex. To tackle this point, the payment industry is preparing itself for the largest migration of the century: the migration to ISO20022.
Gabriel Lucas, associate at Redbridge, takes a closer look at the basic elements of chargebacks, the standard chargeback process, and the ways merchants can mitigate chargeback risks and reduce their losses.