Remove Cash Management Remove Currencies Remove Foreign Exchange Remove Securities
article thumbnail

Robotics Process Automation Rakes In The VC Cash

PYMNTS

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. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.

article thumbnail

JPMorgan On Corporate Treasurers And Their ‘Digitization Journey’

PYMNTS

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. Age And Complexity.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Citi On Treasury’s Real-Time Reality

PYMNTS

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.

article thumbnail

In Cross-Border Payments, Knowledge (Not Speed) Is Power

PYMNTS

So, while some payments companies are focusing on shaving hours off of the transfer of funds, there is also time to be shaved off of this exchange of information, too. Perhaps one of the broadest aspects of cross-border trade that depends on information is foreign exchange risk mitigation. Exposure To Risk .

article thumbnail

A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

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. Cost-Saving Opportunities .

article thumbnail

A response to blockchain rival: SWIFT launches instant global payments

Future CFO

“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.

article thumbnail

SWIFT Loops gpi Into Existing Rails For Global Payments

PYMNTS

According to SWIFT, the capability focuses on boosting transparency of foreign exchange and other fees for payers while promoting ubiquity by operating a real-time payments service on existing rails. Their collaboration coincides with Form3’s announcement that the firm, in partnership with Ebury, have secured about $6.2