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CFOs Face Blindness on Counterparty Risk
PYMNTS·
Cross-border commerce is increasingly hampered by counterparty risk, surpassing cost and speed as the primary concern for many chief financial officers. In the current fragmented global economic landscape, CFOs are finding it difficult to accurately assess the potential for business partners to fail in their obligations. This uncertainty creates significant challenges for international trade and financial operations, as businesses struggle to navigate the complex web of global economic instability and ensure the reliability of their trading partners. The lack of clear visibility into counterparty reliability poses a substantial threat to global commerce.
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fintech
regulation
Original Source
PYMNTS — pymnts.com