Remove Currencies Remove Foreign Exchange Remove Invoicing Remove Securities
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Report: Overcoming Cross Border Invoice Complexities

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Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

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Cambridge Global Payments Automates X-Border AP

PYMNTS

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

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Meet Facebook Libra’s Founding Architects

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The urgency to develop more efficient infrastructures is being driven by the rise of the global economy, with banks and businesses seeking solutions that enable them to move money between borders swiftly and securely. dollar, and currencies from more than 50 countries, through a local funds transfer. The platform will support the U.S.

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WorldFirst’s CurrencyVue Takeover Signals B2B Payments Push

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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
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How Toptal Seeks To Instill Freelance Marketplace Trust

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Many freelancers live in different countries than their ad hoc employers, making currency exchange rates and payment tracking significant concerns. Toptal provides gig workers with invoicing services and payment options, including to transfer funds into bank accounts through a partnership with cross-border payments company Payoneer.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

France’s iBanFirst secured $17 million for its corporate cross-border payments solution, sources reported this week, with Serena Capital and Breega Capital leading the way. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.

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In Cross-Border Payments, Knowledge (Not Speed) Is Power

PYMNTS

” There are the obvious sources of information being handled by cross-border business partners, he noted, like invoices and purchase orders. But corporations must also handle data and documents that exchange more hands than they would in a domestic transaction, the executive explained. Exposure To Risk .