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Deutsche Bank To Help Sri Lanka With Digital FX

PYMNTS

18) that it would improve its Sri Lanka operation with the launch of a new digital foreign exchange (FX) program, reports said. The FX program is a step into the corporate client market, and its investments in Sri Lanka mark an initiative for a more well-rounded set of digital solutions for clients in that region.

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Western Union Rolls Out Full API Access For International Payments

PYMNTS

Through this investment, we have enriched our API capabilities to ensure our customers receive a best-in-class experience when using our products and integrating their data,” said Scott Johnson, global head of product for Western Union Business Solutions.

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BitPesa Restructures, Secures $15M For Expansion

PYMNTS

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier.

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Deutsche Bank Links Faster Payments To Faster FX Management

PYMNTS

One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report. In a new report released from Deutsche Bank’s Global Transaction Banking unit, analysts noted that faster payments are shifting treasurers to embrace real-time processes.

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Satisfaction With Anti-Fraud Systems Linked To Platform Strategy

PYMNTS

This is even more true for B2C marketplaces. percent) but far more than for areas like foreign exchange (9.6 Despite vendor outsourcing and potentially investing in new employees, digital platforms aren’t particularly confident in their fraud operations. percent) and compliance and monitoring (66.7

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Citi On Treasury’s Real-Time Reality

PYMNTS

Liquidity and cash investment plans would be made by 10 a.m. As Chakravarti told Karen Webster in a PYMNTS podcast in the “Treasurer’s Need to Know” series, there are several forces at work, impacting businesses and also the ways that treasurers and their teams manage cash, liquidity and foreign exchange. Maybe not even weekly.

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US B2B Startups Fail To Land On The Board

PYMNTS

Adding to the confusion is the latest data from KPMG International and CB Insights, which revealed that private investment in FinTech startups more than doubled last year. The biggest deals, unsurprisingly, were in the B2C finance segment. foreign exchange payments company FairFX scored nearly $7.5 This time, the U.S.

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