Remove Foreign Exchange Remove Reconciliations Remove Securities
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Flywire, Mastercard Team On Cross-Border Tuition Payments

PYMNTS

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS. Our client schools and their student families around the world trust Mastercard for convenient and secure payments,” said Massaro in the release.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform.

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Best Treasury And Cash Management Providers 2024: Systems And Services

Global Finance

Nordea , which wins two awards this year, as both Best Fraud Detection Solution and Best Bank for Treasury FX Services, has developed a new secure Cash Management self-service request. Payable , another double winner, takes both Best Cash Forecasting Solution and Best Treasury Analytics Provider.

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The Intersection Of FX Management And Open Banking

PYMNTS

Most said they manually manage intercompany processes like reconciliation, while ad-hoc functions are also common. Foreign exchange management comes with a host of friction points for corporate treasurers, with many of those points considered low-hanging fruit for open banking and data integration. The FX Opportunity.

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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Real-Time Window To Treasury Management.

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

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JAGGAER Joins Forces With TransferMate On ‘Source to Settle’

PYMNTS

Thanks to this agreement we can now offer JAGGAER customers and their suppliers improved tracking, reconciliation and speed of processing or receiving cross-border transactions in 134 currencies,” JAGGAER CEO Jim Bureau said in the announcement. TransferMate lets businesses exchange international payments quicker and simpler than in the past.