PYMNTS

SEPTEMBER 18, 2020

One company, Stem , seeks to leverage the platform model to help independent musicians and the host of people who may be behind a recording (the composers, the producers and others) get paid through what’s known in the industry as the “splits” — what they’re owed when its owed as music is uploaded to streaming services such as Spotify.

Foreign Exchange 125

Foreign Exchange Accounting Investments Manufacturing 125

PYMNTS

DECEMBER 8, 2017

Many of our clients are migrating off their core banks’ treasury service and leveraging Payment Rails’ payout platform because we offer automation and REST API connectivity. “Businesses are simply looking for more from their banks and are not getting the additional services they need to automate their processes,” said Patel.

Foreign Exchange 78

Foreign Exchange Treasury B2B Compliance 78

PYMNTS

AUGUST 14, 2020

“There are many requirements that are initially overlooked, and that’s where treasury teams can play a very important role,” he said, highlighting processes like establishing new bank accounts, securing new card acquirer and payment service provider relationships, and managing foreign exchange exposure – all of which occur in the DTC migration.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

SEPTEMBER 18, 2019

Open banking has opened the path toward a number of banking/FinTech and digital partnerships leveraging APIs to speed innovations. The company said that the API-led platform will let partners — including banks, retailers, credit unions and others — access payment and foreign exchange services through a single place.

Foreign Exchange 68

Foreign Exchange Treasury Currencies B2B 68

PYMNTS

OCTOBER 10, 2019

Some of the account benefits include limitless spending, zero foreign exchange or transaction fees, with additional benefits through Mastercard World Elite such as a dedicated concierge service and other travel benefits. We are delighted to enhance our Raris account offering with The Royal Mint’s first precious metal payment card.

Foreign Exchange 72

Foreign Exchange Manufacturing Leverage Securities 72

PYMNTS

MARCH 8, 2017

PYMNTS.com, in collaboration with FI.SPAN, has designed the B2B API Tracker™ to give readers a monthly look at the companies that are introducing new B2B services for payments, cash management and trade finance and foreign exchanges. We view new technology like APIs as the next step in distribution,” he said. About the Tracker.

B2B 76

B2B Foreign Exchange Construction Cash Management 76

PYMNTS

DECEMBER 29, 2020

The key is that consumer lending shouldn’t be over-leveraged,” he said. The previous day, PBOC met with representatives of Ant and regulatory officials from the country's securities, banking and foreign exchange sectors. Wang Zhen, a Shanghai-based analyst with UOB-Kay Hian Holdings Ltd., told Bloomberg on Monday (Dec.

Foreign Exchange 65

Foreign Exchange Valuation Leverage Banking 65

PYMNTS

MAY 31, 2019

We are developing a digitally empowered mass affluent capability that will leverage our Marcus platform and customer base,” said John Waldron at a bank conference in New York. “We “To utilize these deposits, we will continue to migrate businesses, such as foreign exchange, into our bank entities.”.

Foreign Exchange 65

Foreign Exchange CFO Leverage Banking 65

PYMNTS

MARCH 19, 2020

FinTechs and banks continue to develop new solutions to address many of the biggest pain points of global business payments, from speed to foreign exchange. “Leveraging the Visa acceptance network will create more stickiness,” McCarthy noted. “There’s just so much inefficiency.”

B2B 95

B2B Foreign Exchange Accounts Payable Currencies 95

Global Finance

OCTOBER 31, 2024

Before the pandemic, DBS had relentlessly leveraged emerging technologies to help SMEs, especially micro and small enterprises, streamline services and manage credit risk. “Banks have not thought enough about the battleground of tomorrow,” said Gupta in a 2015 interview with the National University of Singapore’s Business School.

Banking 52

Banking Finance Construction Foreign Exchange 52

PYMNTS

FEBRUARY 13, 2019

It will automatically process “foreign exchange, settlement and money movement requirements for international eCommerce transactions,” the company said. The service is being offered in 10 countries, including Chile, Peru, Colombia, Hong Kong, Thailand, Taiwan, Philippines, Malaysia, Kenya and Indonesia.

Foreign Exchange 65

Foreign Exchange Currencies eCommerce Leverage 65

PYMNTS

MARCH 9, 2020

Sharma added, “Leveraging blockchain for trade finance has overcome the physical constraints we are having today.” .

Finance 61

Finance Foreign Exchange Leverage Banking 61

PYMNTS

JUNE 16, 2020

Foreign exchange giant Travelex is pulling its offer of sale to prospective buyers after none of the buyers could offer an acceptable deal to the company’s banks and lenders, Financial Times (FT) reports. The company said Monday that it has a temporary waiver from around 70 percent of the holders for its senior secured notes.

Sales 52

Sales Foreign Exchange Banking Restructuring 52

PYMNTS

OCTOBER 16, 2020

Lembo said that a swifter, simpler way of offering international payments would mean that financial services providers create and leverage their own networks of local bank accounts in countries around the world. The money never actually crosses borders,” Lembo explained.

Foreign Exchange 85

Foreign Exchange Compliance Currencies Banking 85

Future CFO

DECEMBER 7, 2022

In India, natural hedges, some US dollar revenue and financial hedges, or a combination of these factors, help limit the adverse effects on cash flow and leverage for the rated portfolio, Moody’s added. The post Strong US dollar to have credit impact across Asia Pacific appeared first on FutureCFO.

Foreign Exchange 52

Foreign Exchange Currencies Manufacturing Leverage 52

PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. However, foreign exchange risk mitigation goes beyond hedging, said Mark Frey, COO at Cambridge Global Payments.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

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

OCTOBER 8, 2018

“Leveraging the benefits of blockchain architecture is one of MyEG’s core [focuses] presently,” said Managing Director Wong Thean Soon in a statement. It followed the launch of the ISP’s cryptocurrency exchange GMO Coin, supporting cryptocurrency foreign exchange and trading services.

Foreign Exchange 51

Foreign Exchange Leverage Technology Marketing 51

PYMNTS

NOVEMBER 9, 2017

What can foreign exchange service providers learn from the Uber model? Increasingly, firms selling abroad are embracing the belief that there is a business advantage to making products available for purchase in foreign customers’ home currencies. That’s where foreign exchange (FX) payment providers step in to help.

Foreign Exchange 43

Foreign Exchange Currencies B2B Leverage 43

PYMNTS

MARCH 30, 2017

Last year Western Union Business Solutions released new services for small businesses looking to hedge and mitigate against foreign exchange volatility. Analysis from WUBS found that the majority of SMEs weren’t actively strategizing to leverage the strength of their own local currencies. small businesses.

Foreign Exchange 43

Foreign Exchange Prioritization Currencies Treasury 43

Global Finance

JULY 26, 2024

Faced with foreign exchange and interest rate volatility, the complexities of instant payments and liquidity-risk challenges place a sharp focus on banking partners as treasurers endeavor to safeguard their company’s financial well-being. According to Moody’s, while bank bonds are mostly rated Aa3, SMIF bonds are rated Aa2.

Cash Management 93

Cash Management Treasury Compliance Banking 93

PYMNTS

MARCH 7, 2018

Cambridge Global Payments , a unit of FLEETCOR and a provider of international payments and foreign exchange transactions, announced news on Tuesday (March 6) that it is aligning with Qwil to provide customers with advance payment capabilities.

Foreign Exchange 40

Foreign Exchange Currencies Leverage Technology 40

CFO News Room

NOVEMBER 1, 2022

Meanwhile, the International Monetary Fund has warned developing economies with dollar-denominated debt of imminent foreign exchange crises. Leverage grew, using dodgy ‘ derivative ’ products, making proper risk assessment difficult. Stop-Go New Norm. Regulatory oversight became increasingly lax as investors ‘ chased yield ’.

Banking 100

Banking Economics Foreign Exchange Leverage 100

PYMNTS

JULY 7, 2017

Koch previously worked at one of the leading financial services company that enables cross-border commerce and fixed foreign exchange rates via an application protocol interface (API) that allowed banks to add that set of capabilities to their portfolio and offer them at a competitive rate. Security is another benefit of APIs.

Banking 73

Banking Foreign Exchange Securities Leverage 73

Global Finance

JUNE 6, 2024

With the first customers activated at the end of 2023, the program includes the first and only notional cash pooling in Italy, optimizing corporate treasury management for groups of companies with international multicurrency operations, including foreign exchange (FX) and liquidity management.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

FEBRUARY 26, 2019

.” Tipalti found that based on a survey of businesses with 100 to 500 employees, more than 30 percent pointed to the administration of bank accounts as the biggest challenge in cross-border foreign exchange processes. Our approach saves organizations money and time, while allowing customers to leverage our competitive FX rates.

Foreign Exchange 40

Foreign Exchange Currencies Advertising Treasury 40

PYMNTS

SEPTEMBER 24, 2019

Now, helping make SWIFT Cloud Connect real, we are pleased to collaborate with Microsoft to leverage their cloud expertise and advance the frontiers of financial technology, offering a new level of service for SWIFT participants.”. SWIFT announced on Monday (Sept.

Foreign Exchange 47

Foreign Exchange Treasury Securities Leverage 47

PYMNTS

MAY 11, 2017

based foreign exchange company Moneycorp is entering the U.S. Having acquired Commonwealth, the ability to leverage their licensing structure and sales team to roll out Moneycorp’s transparent, fast, efficient service provision we believe will give us a big advantage for customer acquisition.”.

Foreign Exchange 43

Foreign Exchange B2B Finance Leverage 43

Future CFO

JANUARY 31, 2024

Kwang Hwee also believes that they should remain vigilant and mindful of risks, particularly in respect of contract, credit, foreign exchange, geopolitical and other risks. Singapore should be a stand-out performer in the bloc."

Foreign Exchange 52

Foreign Exchange CFO Risk Management Economics 52

PYMNTS

OCTOBER 8, 2019

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. In related news , Citi has recruited foreign exchange management firm Kantox to enhance its FX services for corporate clients.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

JULY 11, 2019

In another example, also in June, MoneyGram and Ripple struck a two-year strategic partnership to use Ripple’s xRapid product, where the goal is to leverage the XRP cryptocurrency for foreign exchange settlements in MoneyGram’s cross-border payments.

Banking 67

Banking B2B Foreign Exchange Currencies 67

PYMNTS

DECEMBER 31, 2020

Add in the current climate of heightened geopolitical uncertainty, trade disputes, foreign exchange volatility and regulatory complexities, and corporate treasurers have their work cut out for them, often with reduced budgets and slim staffing. The other is technological innovation. That’s our No.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

FEBRUARY 27, 2019

“We’re excited to leverage NepFin’s platform to help more middle-market businesses efficiently source capital.” Other initiatives in the corporate financial services space include HSBC’s blockchain foreign exchange transaction solution.

Marketing 43

Marketing Foreign Exchange Leverage Banking 43

Global Finance

JULY 26, 2024

In the Asia-Pacific region, geopolitical risks and supply chain diversification require contingency planning by corporates, and banking partners who can help treasurers mitigate foreign exchange risk to protect profit margins.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

JANUARY 25, 2018

According to BELLIN, the collaboration with Kantox means it can combine its treasury management offering with Kantox’s services that provide companies with foreign currency, foreign exchange (FX) and risk management solutions. Together, the firms will target middle-market businesses looking to grow internationally.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

CFO News Room

FEBRUARY 2, 2022

In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

JUNE 15, 2017

As many newer FinTechs develop their own API solutions to help facilitate cross-border transactions, Haag said Western Union is in position to help these companies move their innovations forward by leveraging Western Union’s network and providing access to its payment rails.

B2B 70

B2B Foreign Exchange Compliance Leverage 70