PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Multi-currency payments from the company’s systems are automated through the connection with the international payments system of TransferMate.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

DECEMBER 4, 2019

The rise in alternative small business lending players was first viewed as a competitive force against traditional financial institutions (FIs), although some legacy banks eventually embraced the new market entrants with partnerships and acquisitions to bolster their own small business lending activity. The Right Service Combination.

Foreign Exchange 52

Foreign Exchange Currencies Invoicing Banking 52

PYMNTS

JANUARY 19, 2021

Britain’s government is planning to shore up the Prompt Payment Code to make it so that 95 percent of invoices for SMBs need to be paid within 30 days. If the firm decides to go ahead, the public offering could be the biggest market debut ever made by a Southeast Asian firm on a foreign exchange.

Foreign Exchange 53

Foreign Exchange Currencies Invoicing Planning 53

PYMNTS

NOVEMBER 6, 2018

In an interview with Karen Webster of PYMNTS, Karl Schamotta, who serves as chief market strategist at Cambridge Global Payments, said we’re living in a new age. Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It In other words, more businesses are doing more business across borders.

Foreign Exchange 76

Foreign Exchange Currencies Invoicing Forecasting 76

PYMNTS

JANUARY 8, 2018

Half of SMBs said they plan to increase investment in marketing, and 39 percent said they are gearing up to release new products or services this year. A third said they plan to expand into new markets. The company also revealed that currency fluctuations represent global SMBs’ largest challenge. 67 percent of U.K.

Foreign Exchange 51

Foreign Exchange Invoicing Currencies Construction 51

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

JUNE 28, 2016

The Brexit vote has tossed the small business community into the headwinds of foreign exchange volatility, and U.K. According to Western Union Business Solutions head for APAC, Middle East and India operations Simon Glendenning, Hong Kong deserves some attention when it comes to corporate foreign exchange management.

Foreign Exchange 40

Foreign Exchange Invoicing Currencies Leverage 40

PYMNTS

OCTOBER 26, 2018

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.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

PYMNTS

MARCH 30, 2017

formally began its exit from the European Union by triggering Article 50, which is likely to have widespread impact across markets. Many small British businesses make invoice payments, pay salaries and manage their treasury accounts overseas.”. On Wednesday (March 29), the U.K. small businesses.

Foreign Exchange 43

Foreign Exchange Prioritization Currencies Treasury 43

PYMNTS

NOVEMBER 7, 2019

As the Tracker explores, supporting recurring payment capabilities continues to meet new hurdles as service providers expand their customer bases cross-border and into emerging markets — with many of these challenges applicable to both B2B and B2C subscription services. An announcement on Wednesday (Nov.

B2B 40

B2B B2C Foreign Exchange Invoicing 40

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. The deal followed WorldFirst’s rollout of small business multi-currency accounts in China, announced last November via its local brand. and the U.K.

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

PYMNTS

MARCH 16, 2016

Foreign currency payments firm Midpoint got a bit closer to its small business accounting partner, Xero, this month when it revealed that not only had they extended their collaborative ties but that Midpoint would also be adding a “Pay Now” button to invoices sent through Xero. Collaboration.

Foreign Exchange 42

Foreign Exchange Banking Invoicing B2B 42

PYMNTS

JUNE 28, 2019

Both firms also plan to expand illimity’s cross-border deposit accounts to the broader EU market. Under the partnership, TransferMate’s Global Invoice Connect service will be available for Wells Fargo’s international business clients. dollar, and currencies from more than 50 countries, through a local funds transfer.

Foreign Exchange 44

Foreign Exchange B2B Nonprofit Invoicing 44

PYMNTS

NOVEMBER 16, 2018

The star of this week’s roundup is undoubtedly data: Two Robotics Process Automation (RPA) companies focusing on enterprise data analytics and automation landed a combined $565 million, while other high-value rounds were closed in the workspace sharing and asset-based lending markets. Automation Anywhere.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

MAY 5, 2016

The solution supports payments sent via ACH, wire transfer, check or virtual card, the companies said, and can function across more than 140 currencies. The service providers negotiate foreign exchange rates with other cross-border payment service providers, reports added.

Foreign Exchange 40

Foreign Exchange Accounts Payable B2B Invoicing 40

PYMNTS

AUGUST 18, 2016

The world market may no longer be in panic mode following the U.K.’s Earlier this week, for instance, Hitachi Capital Invoice Finance pointed to threats within global supply chains stemming from the economic uncertainty over Brexit. Foreign exchange payments and hedging company Global Reach Partners (GRP) might be one of them.

Foreign Exchange 40

Foreign Exchange Banking Invoicing Finance 40

PYMNTS

JUNE 15, 2016

Cross-border operations can expose companies to an array of risks, including foreign exchange risk. According to Western Union, its newest tool for Hong Kong SMEs provides capabilities for favorable currency movements, reports said, while hedging against risk in the case of unfavorable FX fluctuations. A strong U.S. ” .

Foreign Exchange 40

Foreign Exchange Currencies Prioritization Invoicing 40

PYMNTS

JULY 26, 2016

Invoice mistakes are costly. For many organizations, errors across the accounts payable and accounts receivable processes can range from mismatched data between invoice and purchase order to misstated prices, often attributed to manual data entry. Misinvoicing can occur anywhere, but UNCTAD focused on a few particular markets.

Foreign Exchange 44

Foreign Exchange Invoicing Accounts Payable Accounting 44

PYMNTS

APRIL 18, 2016

For instance, businesses need to figure out how to strike reliable partnerships in overseas markets. They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.” They’re having to look at new markets abroad, and the challenges that come with that aren’t easily solved.”

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Plus, those back office platforms aren’t always integrated with each other, either.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

JULY 26, 2019

The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments. There is also the issue of corporates delaying their payment terms to vendors and paying invoices late beyond agreed-upon terms.

Foreign Exchange 64

Foreign Exchange B2B Prioritization Banking 64

PYMNTS

OCTOBER 7, 2016

And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. Only 4 percent of India’s 1 billion population regularly shops online, which leaves an enormous untapped market for bitcoin purveyors. Indian bitcoin company Unocoin has raised $1.5

Currencies 99

Currencies Foreign Exchange eCommerce Banking 99

PYMNTS

NOVEMBER 2, 2018

Ersek explained that Western Union is leveraging its money movement platform to handle the complex foreign exchange and settlement process that gives Amazon the ability to tap into consumer markets in the 200 countries that Western Union serves. To date, cash is a 49 percent share of the average user’s wallet.

B2B 49

B2B Foreign Exchange eCommerce Currencies 49

PYMNTS

APRIL 4, 2016

With businesses at the mercy of currency fluctuations in today’s international markets, innovators have looked for a way to ease that pain point. Bitcoin was supposed to have been a global currency, but as we all know today, that’s not exactly the way things turned out. Gold As A Currency. Gold As A Payment Rail.

Currencies 40

Currencies Education B2B Invoicing 40

PYMNTS

DECEMBER 17, 2019

As open banking frameworks take root in more markets around the globe, the model of data integration continues to also take shape in the business financial services market, particularly impacting micro- and small businesses (and the FinTechs that service them). “FX is a complicated area,” added Cran.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

MARCH 23, 2020

Work may be global, but payments are personal, and the divide between the two can cause frictions for freelancers who live and pay bills in one market but work for companies that operate and process payrolls in another. These workers will likely still expect fast payments regardless of the markets in which their employers are based.

Foreign Exchange 61

Foreign Exchange Currencies Valuation Education 61

Future CFO

JANUARY 21, 2021

The new risks and market changes that COVID-19 ushered altered business norms. Decision-makers demanded real-time data across a multitude of projects as they navigated the new normal market. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure. New normal, new expectations.

Treasury 52

Treasury Foreign Exchange CFO Currencies 52

PYMNTS

MARCH 1, 2018

FlitWays is instead looking to curate the fragmented ground travel market in order to meet the various needs of business travelers while giving them more of a business-like experience. Of course, language and currency can be a struggle. Yes, that sometimes means a quick ride on the fly.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

PYMNTS

NOVEMBER 19, 2018

The FSB is particularly concerned about how this decline might reduce certain markets’ ability to send and receive money abroad, and how it could heighten the risk of driving global transactions underground. percent drop in correspondent banking last year.

Foreign Exchange 74

Foreign Exchange Currencies Banking Invoicing 74

PYMNTS

FEBRUARY 28, 2019

In an interview with Karl Schamotta, chief market strategist of Cambridge Global Payments , the executive weighed in on the risks and rewards of business done across borders, where growth far outpaces the rate seen in the United States. history, businesses were relatively sheltered from changes in the currency markets.

Risk Management 53

Risk Management Currencies Foreign Exchange Forecasting 53