“Boston is known as the home of financial services titans such as Fidelity, State Street and Putnam Investments. What's less known — at least for now — are the novel technologies around financial services and banking offered by some of Boston's venture-backed startups...” [Read article]
“When Henry Sidel founded his New York-based sake importing company in 2005, $1,000 bought him 125 bottles of sake from Japan. The same sum now buys just 77 bottles...” [Read article]
“Unfavorable foreign-exchange rates are marring the results of more big U.S. companies, as their expanding operations abroad expose them to the swings of a growing number of currencies beyond the euro and British pound...” [Read article]
“London’s fast-growing start-up scene is trying to disrupt the financial status quo. As consumers’ trust in banks deteriorates because of a series of recent scandals, young companies are pressing their newcomer advantage. Firms are offering services like low-cost foreign currency exchange and new ways for small business to borrow cash...” [Read article]
“I'm always amazed at the prevalence of misconceptions regarding issues of foreign exchange (FX) among American companies considering - and even active in - export markets....” [Read article]