Remove Currencies Remove Financial Data Remove Foreign Exchange Remove Invoicing
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Small Business FinTech Takes Center Stage With VCs

PYMNTS

Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. Following the new funding, Neat said it would be developing more multi-currency solutions and integrations with third-party platforms.

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APIs Explore The Opportunity Of Mid-Market Liquidity Management

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. “It used to be something that was for much larger corporations, but now the middle market is trading in foreign currencies much easier and more quickly.” Even when pre-booking rates with banks, said Cran, costs can be significant – particularly as FX volatility of the world’s major currencies continues to grow.

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Expense Management Digs Deeper Into Corporate Ground Transit

PYMNTS

Of course, language and currency can be a struggle. Mac acknowledged a “learning curve” when entering into such an ecosystem of differing rules, language barriers and foreign exchange demands — the latter of which can also significantly complicate the expense management process.