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Corporate FinServ Shows Muted Performance In Latest Earnings

PYMNTS

The takeover of City Forex, announced in February, followed last August’s acquisition of CardOne and the launch of its Fair Everywhere solution, a small business current account that includes global payment and foreign exchange management services. Revenues for Q1 of 2018 grew by 85.3 percent, the company added.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week.

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How To Mitigate The Shock Of Brexit-Like Events

PYMNTS

Globalization has enterprises of all sizes keeping a closer eye on their exposure to risks related to foreign exchange volatility, political changes and the like. But not every firm is prioritizing the use of technology that can provide more sophisticated financial forecasting. “Corporates want to forecast,” he said.

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Uphold Dives Into India With Bank Deals

PYMNTS

These profits are coming from the 3–5 percent foreign exchange fees that banks can charge for conducting a cross-border transfer, often through the costs that get tacked on as a payment moves between corresponding banks. To India, And Beyond . percent growth this year. percent in the three months to Dec. 2015, outpacing the 6.9

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