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APIs, Data Analytics Bring Cash Flow Control To The Back Office

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These factors are putting companies to the test, especially in how they handle their corporate finances. The pandemic is causing fluctuations in the global economy, and supply and demand shifts are causing many businesses to face liquidity stresses and limited credit access.

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Asia’s Corporates Driving Treasury, Banking Digitization

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Large corporates across Asia are driving digital transformation of banking and treasury management in the region, according to new analysis from Greenwich Associates. ” In areas like foreign exchange management, trade, and cash management, working with FinTech third-party providers will be an important part of the digitization journey.

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To Improve Treasury Tech, Target The Developers

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Remlinger, Project Manager — Solutions for Business at foreign exchange technology firm OANDA. For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool.

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Deutsche Bank Links Faster Payments To Faster FX Management

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Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance.

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How Corporate Payments Disruptors Compete, And Coexist, With Banks

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This means Xero’s SME users can pay their international invoices via Midpoint’s FX services, which uses a peer-to-peer matching model, allowing payers to obtain the midpoint of the interbank market rate for foreign exchange costs at that moment in time. are spiking their FX fees for small business customers, largely via hidden fees.

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Saxo Finds Firms ‘Sleepwalking’ Through Payments Processes

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Money20/20 Europe is in full swing, and the event is wasting no time discussing the year’s most imminent topics in corporate finance. Saxo Payments reportedly decided to focus on one in particular with the release of a new whitepaper outlining the pain points of cross-border payments in the world of B2B.

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Corporate FinServ Shows Muted Performance In Latest Earnings

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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.