PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. Cross-Border Headaches. But at the end of the day, it always goes up to the parent entity.".

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Foreign Exchange Reconciliations Currencies 61

Global Finance

OCTOBER 31, 2024

million in pretax profits in 2023, and a presence in 20 markets on the continent and four global centers—empowering SMEs means fueling Africa’s economic development. Its home market of Nigeria is a poster case. billion, giving Banreservas a 28% market share. For UBA—boasting $20 billion in assets, $454.2

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

NOVEMBER 6, 2018

In an interview with Karen Webster of PYMNTS, Karl Schamotta, who serves as chief market strategist at Cambridge Global Payments, said we’re living in a new age. Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It In other words, more businesses are doing more business across borders.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Forecasting 76

PYMNTS

OCTOBER 28, 2020

OpenEnvoy Launches To Provide B2B Invoice Auditing. To help businesses only pay for what they have agreed to buy, OpenEnvoy has been established to offer invoice auditing without intervention. OpenEnvoy contrasts invoices to originating proposals, purchase orders, estimates or bids. 27) announcement.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

NOVEMBER 16, 2020

The global trading markets are in flux, and it's not only the COVID-19 crisis influencing international supply chains. Ongoing trade wars and rising costs of doing business in certain markets have manufacturers and other businesses adjusting where they operate and with whom. A Shifting Market. Currency Conversion Headache.

Foreign Exchange 56

Foreign Exchange Currencies B2B Manufacturing 56

PYMNTS

DECEMBER 17, 2019

As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business financial services market, particularly impacting micro- and small businesses (and the FinTechs that service them). “FX is a complicated area,” added Cran.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

OCTOBER 26, 2018

Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. million to eight local FinTech startups, including Nisa Finance , an invoice financing platform. The company — which has offices in Hong Kong, Japan, Canada, the U.S.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

PYMNTS

DECEMBER 24, 2020

Companies must smoothly manage everything from initial orders and invoicing to product delivery and the notification of payment receipts to complete it, making it a long and cumbersome procedure with a great deal of room for error. The order-to-cash (O2C) process is inherently complex.

B2B 79

B2B Foreign Exchange Invoicing Manufacturing 79

PYMNTS

DECEMBER 1, 2020

FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release. Cobase Head of Financial Markets and Risk Solutions Joost Kevelam said the companies' aim "is to make multi banking simple.". "By

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58

PYMNTS

JANUARY 8, 2018

Half of SMBs said they plan to increase investment in marketing, and 39 percent said they are gearing up to release new products or services this year. A third said they plan to expand into new markets. 62 percent of invoices sent by U.K. Those invoices were worth a collective $28.5 s Federation of Small Business (FSB).

Foreign Exchange 51

Foreign Exchange Invoicing Currencies Construction 51

PYMNTS

AUGUST 7, 2020

You need to do regulatory monitoring on it for anti-money laundering and, depending on [the country in which] you’re making the payments, you need to ask if there are any foreign exchange transaction fees. There is more talent than ever in the market right now.

Banking 120

Banking Foreign Exchange SAP Entertainment 120

PYMNTS

SEPTEMBER 17, 2020

Customers will be able to move funds "seamlessly" according to the release, and the foreign exchange pricing will be based on interbank rates. According to Coates, Oxbury's platform works as both a banking platform and an invoice management portal. ClearBank's capabilities make it doable for Oxbury Bank to loop into U.K.-based

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

Simply Treasury

SEPTEMBER 9, 2020

Today, not being of " investment grade " quality is an enormous handicap in the bank lending market. The bond market would appear to compensate for this lack, as do stock-market issues, although these are on the decline or still at an exceptionally low level, after a financial earthquake unique in the history of modern finance.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

DECEMBER 4, 2019

The rise in alternative small business lending players was first viewed as a competitive force against traditional financial institutions (FIs), although some legacy banks eventually embraced the new market entrants with partnerships and acquisitions to bolster their own small business lending activity. The Right Service Combination.

Foreign Exchange 52

Foreign Exchange Currencies Invoicing Banking 52

PYMNTS

MARCH 6, 2019

Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said. Arm’s length transactions for intercompany loans, for example, can be proved by time stamping the [foreign exchange (FX)] rate from a trusted third party, and then via smart contracts auto-settling at maturity,” he said.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

JUNE 28, 2016

The Brexit vote has tossed the small business community into the headwinds of foreign exchange volatility, and U.K. According to Western Union Business Solutions head for APAC, Middle East and India operations Simon Glendenning, Hong Kong deserves some attention when it comes to corporate foreign exchange management.

Foreign Exchange 40

Foreign Exchange Invoicing Currencies Leverage 40

PYMNTS

FEBRUARY 6, 2019

SMBs can receive protection in case their corporate customers become insolvent or file for bankruptcy, or are unable to pay their invoices, according to Waldorf Trade Risk. Insuring against the risk of non-payment of outstanding invoices can support small businesses’ access to financing, the company noted. ” .

Foreign Exchange 53

Foreign Exchange Invoicing Credit Risk Risk Management 53

PYMNTS

MARCH 23, 2020

Work may be global, but payments are personal, and the divide between the two can cause frictions for freelancers who live and pay bills in one market but work for companies that operate and process payrolls in another. These workers will likely still expect fast payments regardless of the markets in which their employers are based.

Foreign Exchange 61

Foreign Exchange Currencies Valuation Invoicing 61

PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Foreign exchange (FX) rates are set into place at the time the payments are set into motion, and MineralTree said users save on wire fees compared to historical methods.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

MAY 13, 2020

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

MARCH 16, 2016

Foreign currency payments firm Midpoint got a bit closer to its small business accounting partner, Xero, this month when it revealed that not only had they extended their collaborative ties but that Midpoint would also be adding a “Pay Now” button to invoices sent through Xero. Collaboration.

Foreign Exchange 42

Foreign Exchange Banking Invoicing B2B 42

PYMNTS

JULY 8, 2020

The combined technologies of the two companies let clients quickly put virtual accounts, collections, foreign exchange (FX) services and payments into place, the announcement states. It is an exciting partnership as we develop our offering and continue to innovate together.”

B2B 56

B2B Foreign Exchange Invoicing Accounting 56

Global Finance

JULY 26, 2024

Despite a generally positive outlook, foreign exchange risks remain. Clients in Brazil and Mexico can optimize working capital with Intelligent Receivables—powered by artificial intelligence—a collections tool and invoice matching tool that achieves straight-through processing metrics into the 80-90 percentile range.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

JANUARY 19, 2021

Britain’s government is planning to shore up the Prompt Payment Code to make it so that 95 percent of invoices for SMBs need to be paid within 30 days. If the firm decides to go ahead, the public offering could be the biggest market debut ever made by a Southeast Asian firm on a foreign exchange.

Foreign Exchange 53

Foreign Exchange Currencies Invoicing Planning 53

PYMNTS

FEBRUARY 5, 2020

As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy. For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

JULY 9, 2020

With its solution designed to address friction in supplier commercial card acceptance, Nium ‘s InstaReM brand announced the expansion of BizPay into a new market: Australia. dollar to move funds across borders without bank intervention — and thus, without foreign exchange (FX) fees and other markups.

B2B 77

B2B Foreign Exchange B2C Banking 77

PYMNTS

OCTOBER 7, 2016

And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. Only 4 percent of India’s 1 billion population regularly shops online, which leaves an enormous untapped market for bitcoin purveyors. From Lights To Lightning.

Currencies 99

Currencies Foreign Exchange eCommerce Banking 99

PYMNTS

MARCH 30, 2017

formally began its exit from the European Union by triggering Article 50, which is likely to have widespread impact across markets. Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. On Wednesday (March 29), the U.K. small businesses.

Foreign Exchange 43

Foreign Exchange Prioritization Currencies Treasury 43

PYMNTS

JULY 26, 2016

Invoice mistakes are costly. For many organizations, errors across the accounts payable and accounts receivable processes can range from mismatched data between invoice and purchase order to misstated prices, often attributed to manual data entry. Misinvoicing can occur anywhere, but UNCTAD focused on a few particular markets.

Foreign Exchange 44

Foreign Exchange Invoicing Accounts Payable Accounting 44

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

AUGUST 18, 2016

The world market may no longer be in panic mode following the U.K.’s Earlier this week, for instance, Hitachi Capital Invoice Finance pointed to threats within global supply chains stemming from the economic uncertainty over Brexit. Foreign exchange payments and hedging company Global Reach Partners (GRP) might be one of them.

Foreign Exchange 40

Foreign Exchange Banking Invoicing Finance 40

Global Finance

JUNE 6, 2024

Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. Not only can market risk be better monitored, but market costs can be saved for participants: about $30 million so far, estimates CCDC.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

AUGUST 25, 2016

PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. The service enters the market the same day that PayPal announced another offering to SMEs dealing with cross-border transactions. Reports on Wednesday (Aug.

B2B 40

B2B Foreign Exchange Invoicing Accounting 40

PYMNTS

NOVEMBER 3, 2020

He added that “higher quality” companies are likely to tap the equity markets. FLEETCOR is also looking at areas “adjacent” to payments, Greene said, such as technologies that can help customers figure out how much to pay suppliers or check to make sure invoices get approved. People want to wait until the recovery happens.”.

Investments 56

Investments B2B Foreign Exchange Invoicing 56

PYMNTS

MAY 5, 2016

The service providers negotiate foreign exchange rates with other cross-border payment service providers, reports added. CSI globalVCard Managing Director Jason Kolbenheyer said CSI globalVCard’s corporate clients can see up to a 10 percent reduction in their FX spend by using this exchange rate negotiation service. “As

Foreign Exchange 40

Foreign Exchange Accounts Payable B2B Invoicing 40

PYMNTS

JUNE 26, 2020

The company, formed in 2018, calls itself the “Payment Hub of the New Economy,” and wants to provide “comprehensive functionality, improved economics and quicker time to market” during the increasingly complex payments world of today, the release says. CEO Patricia Montesi said the structure is “holistic.”.

B2B 60

B2B Foreign Exchange Securities Economics 60

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Plus, those back office platforms aren’t always integrated with each other, either.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62