PYMNTS
NOVEMBER 20, 2020
While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.
PYMNTS
APRIL 29, 2020
German banking platform Mambu has announced a collaboration with TransferWise to enhance banks’ cross-border payments and foreign exchange management operations, the companies recently revealed. FAB Teams Up For Digital Invoicing. TransferWise Integrates With Mambu.
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PYMNTS
FEBRUARY 5, 2020
As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy. For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor.
PYMNTS
MAY 13, 2020
By wielding Citi’s infrastructure to complete the transaction for The Boston Foundation and Bai, Flywire was able to ensure full compliance and quick transmission of SWIFT transaction data to the beneficiary bank in China. Since beginning the initiative, Citi and Flywire have facilitated about $2 million worth of transactions from the U.S.
PYMNTS
DECEMBER 31, 2020
From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. According to J.P.
PYMNTS
OCTOBER 4, 2019
The company said it will use the investment to develop new features for its B2B offering, with a focus on billing and invoicing. GGV Capital, Partners of DST Global, RTP Ventures, Sequoia India, Tencent, Y Combinator and other investors also participated, with the investment also seeing contributions from more than 20 angel investors.
PYMNTS
FEBRUARY 8, 2018
This means faster settlement services for merchant funding and support for large-scale billers to move from paper invoices and checks to digital replacements. Facilitating cross-border payments means resolving questions of regulatory compliance and foreign exchange, Brieske said. Getting to ubiquity.
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