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Deutsche Bank Links Faster Payments To Faster FX Management

PYMNTS

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

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To Improve Treasury Tech, Target The Developers

PYMNTS

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. It’s a sentiment echoed throughout the B2B FinTech market. Certainly regulations like PSD2 and the U.K.’s

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. Automation Anywhere.

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How Corporate Payments Disruptors Compete, And Coexist, With Banks

PYMNTS

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.

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Centtrip Launches Real-Time Payments Service For Multinational Firms

PYMNTS

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18).

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Banks Prep For Brexit-Induced Corporate Loan Defaults

PYMNTS

In anticipation, banks have reportedly extended credit to corporate clients early and have begun to sell insurance to mitigate the risk of foreign exchange (FX) volatility. ” Virgin Money owner CYBG has also been extending financing to its business clients in anticipation of Brexit, particularly to U.K.

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UK Corporates Brace For Weaker Sterling, Slower Economic Growth

PYMNTS

This pushes the hike back to August at the earliest, and more likely November,” predicted OFX currencies analyst Jake Trask. The Bank of England is meeting next week to discuss a possible rate hike, which would be only its second since the 2008 financial crisis, Reuters said. Sterling will be subdued for a while below the $1.40