Laurent Descout, founder & CEO of Neo, recently spoke to PYMNTS about his views on modern FX management for corporates.
In the article, entitled “Treasurers Beware: FX Risk Is Not What It Used To Be“, Laurent said:
“While some years ago, managing FX was roughly about protecting yourself against the ups and downs of a limited number of currencies, now it is about how to collect in foreign currencies from multiple card acquirers, how to price e-commerce marketplaces properly, how to automate reporting, how to optimise positions. The scope became very large.”
You can read the full article here.