Financial Management, Security and Compliance

Intercompany Financial Management: An Essential Discipline for Multinational Corporations

May 16, 2023

Intercompany Financial Management
Intercompany financial management (IFM) is a discipline for structuring and handling transactions within a corporation and between its legal entities designed to maximize staff efficiency and accounting accuracy while optimizing tax exposure, minimizing tax leakage, and ensuring consistent tax and regulatory compliance.

According to Ventana Research, by 2025, one-half of large enterprises will have implemented IFM to achieve tax, risk management, and financial close benefits.

Spotlight

Xpress Money

Xpress Money is one of the fastest growing money transfer brands in the world with a thriving presence across 5 continents. Established in 1999 in the United Kingdom, the brand has grown by leaps and bounds and has spread its geographical presence across 180 countries in over a decade. Working with some of the largest banks and non-banking financial companies, Xpress Money has been able to establish one of the largest remittance networks in the industry. Present across 200,000 locations currently, Xpress Money is focused on rapid expansion to the far corners of the globe.

OTHER WHITEPAPERS
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The Road to Smart Banking

whitePaper | May 3, 2022

A world-class customer experience is mandatory for banks that wish to build engagement and loyalty, and expand their share of wallet. Smart banking is crucial to providing and supporting such an experience.

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Privacy and Central Bank Digital Currencies

whitePaper | January 19, 2023

Privacy is regarded as a crucial factor in the investigation and development of Central Bank Digital Currencies (CBDC) and is therefore thoroughly researched by monetary authorities, academia, and the private sector. Academic research indicates that CBDC transactions may involve processing significant amounts of identity and transaction-related information (Lee et al., 2021), raising privacy concerns for future users. While there exist countless definitions for privacy, such as “the right to be left alone” (Warren and Brandeis, 1890), in this document, the definition of Nissenbaum (2010) - “the appropriate flow of information” - will be followed.

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6 Keys to Credit Risk Modeling for the Digital Age

whitePaper | February 18, 2020

Organizations that develop their own credit risk models see long lead times to get them built and deployed. Business users determine a need for a new model, which triggers weeks or months of data collection and model development effort – as much as a year. By the time the new model is deployed, market conditions and customer needs have changed, so the process starts over.

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Personalized Customer Mapping: A way ahead in BFSI

whitePaper | February 22, 2023

Today’s consumer is smart, tech savvy and mobile friendly with digital sources of information at hand. The upcoming fintechs and non-banking startups pose a challenge to the way traditional banks operate, while customer expectations evolve sooner than they are documented. On the other hand, as the understanding of technology improves, banking customer demographics change with customers expecting for more sophisticated experiences.

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The Crypto Phenomenon: Consumer Attitudes & Usage

whitePaper | April 13, 2022

Case studies, comparisons, statistics, research and recommendations are provided “AS IS” and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice. Visa Inc. neither makes any warranty or representation as to the completeness or accuracy of the information within this document, nor assumes any liability or responsibility that may result from reliance on such information. The information contained herein is not intended as investment, tax, or legal advice, and readers are encouraged to seek the advice of a competent professional where such advice is required.

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Re-wiring financial services operations for a bold future

whitePaper | May 5, 2022

Massive changes has been underway for some time across the Industry .fintechs disrupted tradition introducing consumer to new ways to get the service they need.

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Spotlight

Xpress Money

Xpress Money is one of the fastest growing money transfer brands in the world with a thriving presence across 5 continents. Established in 1999 in the United Kingdom, the brand has grown by leaps and bounds and has spread its geographical presence across 180 countries in over a decade. Working with some of the largest banks and non-banking financial companies, Xpress Money has been able to establish one of the largest remittance networks in the industry. Present across 200,000 locations currently, Xpress Money is focused on rapid expansion to the far corners of the globe.

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