PYMNTS

DECEMBER 4, 2020

That’s why we introduced a new, secure way to accept payments through websites, and we have enabled customers without an online presence to get paid fast through secure payment links,” said Revolut CEO and Founder Nik Storonsky. banking license in California. with interstate agreements, according to the unnamed source.

Foreign Exchange 73

Foreign Exchange Currencies Banking Economics 73

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 23, 2019

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.

Restructuring 40

Restructuring Foreign Exchange Securities B2C 40

PYMNTS

AUGUST 16, 2018

In a press release , Ripple said that for xRapid to be successful, there needs to be a healthy ecosystem of digital asset exchange partners around the world that allow payments to move from one currency into XRP, then back into another currency quickly and efficiently. will be preferred for Mexican pesos and Philippine pesos.

Foreign Exchange 40

Foreign Exchange Securities Currencies Accounting 40

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. Starting now, Australian Airwallex users can distribute virtual payment cards in multiple currencies to pay suppliers instantly. .

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

JUNE 4, 2019

In a press release, the two companies said the agreement meshes with Visa’s stated goal to make secure digital payments possible at home and when people are traveling. Currencycloud exists to take the complexity out of international payments,” stated Mike Laven, CEO of Currencycloud.

Foreign Exchange 55

Foreign Exchange Currencies eCommerce Banking 55

PYMNTS

JANUARY 31, 2018

In one of the bigger back-and-forth stories in digital currency, South Korea has announced that it is definitely for real this time sure that it does not plan to ban crypto-currency exchanges. Illegal foreign currency trading of 472.3 Annual overseas transfers of more than $50,000 must also be reported.

Foreign Exchange 48

Foreign Exchange Currencies Finance Banking 48

PYMNTS

OCTOBER 28, 2019

API integration offers a way to streamline payments processing while providing access to transparent foreign exchange rates and associated fees. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

Foreign Exchange 51

Foreign Exchange B2C Currencies B2B 51

CFO News Room

FEBRUARY 2, 2022

The securities/ financial instruments discussed in this material may not be appropriate for all investors. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security/financial instrument, or to participate in any trading strategy.

Concentration 130

Concentration Investments Securities Currencies 130

PYMNTS

MARCH 19, 2019

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding. InstaReM is using Ripple’s xRapid product to help banks and consumers, the report noted. InstaReM also wants to offer more options to banking customers with the funding.

Foreign Exchange 64

Foreign Exchange Startups Currencies Investments 64

PYMNTS

JANUARY 28, 2021

“As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”. Embracing A New Paradigm.

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

PYMNTS

OCTOBER 22, 2020

A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. The average global company works with at least six banks and 40 percent of them make payments in at least six currencies.

Healthcare 98

Healthcare Foreign Exchange Treasury Economics 98

PYMNTS

AUGUST 3, 2016

Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. Bank-to-bank transfers are one thing, but many consumers might want to transfer funds from a credit card rather than have to go to the trouble of opening a bank account. bank accounts. Revolut, a U.K.-based

Currencies 40

Currencies Foreign Exchange B2B Investments 40

PYMNTS

MARCH 5, 2019

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.

Foreign Exchange 46

Foreign Exchange Currencies Reconciliations Accounting 46

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

NOVEMBER 22, 2016

Blockchain is the technology behind bitcoin, the popular alternative digital currency. Although Goldman Sachs was part of R3 , it’s not the only game in town with Wall Street banks backing different blockchain ventures. Other members of R3 include Bank of America, JPMorgan Chase and State Street.

Foreign Exchange 59

Foreign Exchange Currencies Startups Investments 59

PYMNTS

SEPTEMBER 14, 2018

FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Along with real-time conversions comes the need for real-time FX volatility management.

Foreign Exchange 49

Foreign Exchange Risk Management Currencies B2B 49

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. Looking At Digital IDs — And Friction.

Foreign Exchange 69

Foreign Exchange Securities Currencies Technology 69

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

MARCH 21, 2018

The company announced news on Tuesday (March 20) that its Global Collections tool is now live to support the acceptance of payments in multiple currencies. The solution is designed for banks and other payment companies to offer their own customers, Currencycloud noted. dollars or euros. dollars or euros.

Foreign Exchange 49

Foreign Exchange Currencies B2B Accounting 49

PYMNTS

JUNE 28, 2019

The urgency to develop more efficient infrastructures is being driven by the rise of the global economy, with banks and businesses seeking solutions that enable them to move money between borders swiftly and securely. Italian banking startup illimity will work with German FinTech Raisin on a new cross-border deposit solution.

Foreign Exchange 44

Foreign Exchange B2B Nonprofit Invoicing 44

PYMNTS

NOVEMBER 16, 2018

France’s iBanFirst secured $17 million for its corporate cross-border payments solution, sources reported this week, with Serena Capital and Breega Capital leading the way. The company makes FX rates and fees clear, and said its service is cheaper than making cross-border payments through bank providers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JULY 19, 2018

Wells Fargo , the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services. She added that the bank is “working with our regulators on the ongoing review.”.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies Banking 40

PYMNTS

JULY 22, 2019

The joint project, Instant Transfer , enables instant money transfers from users’ PayPal accounts to their bank accounts. Visa is pursuing further innovations in infrastructure security for the payments industry. Their services include multi-currency wallets and real-time notifications on foreign exchange transactions.

Foreign Exchange 43

Foreign Exchange Currencies Transportation Securities 43

PYMNTS

JUNE 21, 2019

Many freelancers live in different countries than their ad hoc employers, making currency exchange rates and payment tracking significant concerns. Toptal provides gig workers with invoicing services and payment options, including to transfer funds into bank accounts through a partnership with cross-border payments company Payoneer.

Foreign Exchange 43

Foreign Exchange Currencies Invoicing Leverage 43

Future CFO

SEPTEMBER 23, 2019

“Through a combination of gpi and domestic real-time payments networks, we together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while also ensuring ubiquitous availability of instant cross-border payments globally,” SWIFT said in a statement.

Foreign Exchange 40

Foreign Exchange Currencies Banking Technology 40

Future CFO

NOVEMBER 7, 2019

The Bank of Thailand has recently cut its benchmark interest rate again. Retail investors will be allowed to invest up to $200,000 a year in foreign securities, without being required to invest via a Thai intermediary institution. Thai investors can trade gold in foreign currencies.

Benchmarking 52

Benchmarking Currencies Investments Securities 52

PYMNTS

AUGUST 1, 2018

As corporate treasurers grapple with the ever-increasing demands of their role in the enterprise, many of their new responsibilities involve complex management of finances, particularly when it comes to foreign exchange (FX) risk exposures — especially in today’s volatile times.

Foreign Exchange 40

Foreign Exchange Treasury Currencies Education 40

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. Adopting real-time business processes has led them to embrace real-time FX management.

Foreign Exchange 40

Foreign Exchange Risk Management Currencies B2B 40

PYMNTS

APRIL 1, 2016

The company announced yesterday (March 31) that its members — across any market — can use Uphold to send money instantly to any person in India that can then be accessed through any Indian bank. This is made possible through a partnership with IDFC Bank. Our partnership with Uphold will help us achieve that.

Foreign Exchange 40

Foreign Exchange Currencies Banking Securities 40

PYMNTS

MARCH 2, 2016

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments. ” A Bit Of Background.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

PYMNTS

APRIL 22, 2016

But technology is changing the foreign exchange trading game, and market volatility may be the only sure thing in this space. People have to move currency, have to change currency, so forex transacting is changing very quickly because of globalization.”. Which is more important: speed or security? Amid the U.S.

Marketing 40

Marketing Foreign Exchange Treasury Currencies 40

PYMNTS

OCTOBER 22, 2019

They frequently face delays and rack up fees as they pass through multiple FIs, and parties making these payments often wrestle with currency conversions and value fluctuations. Transfers are passed between FIs until they reach intended recipients, and each bank adds extra steps and fees along the way.

B2B 41

B2B Foreign Exchange Accounts Payable Banking 41

Creative CFP

OCTOBER 2, 2020

The cloud accounting software links directly with your bank. All of this is then saved securely on the cloud. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency. There is no more batch capturing, but rather a transaction flow.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

SEPTEMBER 19, 2019

Not all that long ago, treasurers would take stock of cash positions at the start of the day … to the best that they could, since some banks might not report positions daily. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. Maybe not even weekly. Business ended at 5 p.m.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

AUGUST 10, 2017

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Karen Webster: Let’s get acquainted with UAE Exchange and some of the great work you’re doing in the global remittance, foreign exchange and payments space.

Risk Management 54

Risk Management Foreign Exchange Investments Technology 54

PYMNTS

JULY 2, 2018

“Offering the best of both brands, the co-branded small business credit card program will combine the buying power, convenience and value small businesses have come to know and love from Amazon, backed by the world-class service, benefits access and security of American Express,” added Amazon Vice President Max Bardon in another statement.

Foreign Exchange 41

Foreign Exchange Banking Reconciliations B2B 41