Blog

Follow breaking news, market trends and company developments.

Explore the stories below to not only learn more about what’s impacting and shaping the currency markets and payments industry, but also updates on everything happening here at GreenShootsFX.

Why ask for a quote in your vendors currency?

05.17.22
It’s a traditional approach to pay foreign suppliers in USD. Maybe you’ve always done it this way, and to your knowledge, it works out just fine.  Re-evaluating your payment methods could really pay off. If you’re paying...

"I'm Too Busy!"

05.02.22
The comment we hear time and time again from the finance folks at businesses that import is…. “I’m fine with my current provider” This might be true. After all, if you’ve never shopped around then you could be...

Cheaper, Faster, Better

04.26.22
Two years ago, the Financial Stability Board (“FSB”) and the Committee on Payments & Market Infrastructures (“CPMI”) published their roadmap to enhance cross-border payments, and then late in 2021 announced clear global targets for the speed, cost, access, and transparency of...

Best Practices for Importers

04.15.22
Many importers are paying for their goods and raw materials in U.S. dollars and not the currency of the vendor, therefore often overpaying by 4-7%. Also buried in there is FX risk that they can’t see and therefore...

Managing Non-G7 Currencies: Why paying in local currencies could benefit your business

03.28.22
According to a report by McKinsey & Company, “flows of goods, services, finance and people have reached unimaginable levels.” The study claims that by 2025, global flows could reach $54 trillion to $85 trillion, doubling current levels. As more businesses extend their supply...

What "The Service You Deserve" Really Means

03.23.22
To many business professionals, the world of foreign exchange can be a bit, well, foreign. There are lots of moving pieces and parts and they all matter because they affect your business. Most Fintech companies can tell you what today...

Hedging Strategies & Solutions For Risk Averse Companies

03.14.22
The COVID pandemic impacted our economy significantly in 2020 and throughout most of 2021 – well, that’s kind of a redundant comment. As we begin 2022 we’re still affected by the pandemic although more so than ever in the last 24 months there...

Four Benefits for Imports & Exporters

03.09.22
In our interconnected world, it’s easier than ever to buy, sell and trade goods and services. Despite the fact that doing business globally is no longer as complicated as it once was, importers and exporters miss out on opportunities...

Supply Chain Components that Support your Business

03.01.22
A large part of your business and strategy for the year will likely include assessing the state of your supply chain. The global supply chain faced many new and unique pressures during the past year when COVID caused disruptions that...

Managing Risk in Abnormal Times

02.21.22
The global business and risk management environment was anything but normal for most of 2020. The COVID-19 pandemic pushed markets around the world into a sharp and sudden downturn 2 years ago. And as new infection waves and hotspots emerged, there appeared...