PYMNTS

JULY 30, 2019

Nigeria can be a very complex foreign exchange environment,” Mike Massaro, CEO at Flywire, said at the time. Nigerians will now have the convenience of being able to make digital, cross-border payments in their local currency, through eBank transfers, credit/debit cards, and mobile payments.

Foreign Exchange 76

Foreign Exchange Reconciliations Healthcare Education 76

PYMNTS

AUGUST 6, 2018

. ‘s Manchester United is teaming up with mobile betting and gaming brand MoPlay , and Iran is relaxing currency rules. With the integration, small businesses in the country can use direct debit to automate their payment collection and reconciliation processes. Plus, the bank would allow currency markets to open again. “We

Foreign Exchange 40

Foreign Exchange Pharmaceutical Currencies Reconciliations 40

PYMNTS

AUGUST 13, 2019

12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. The continuing uncertainty over Brexit and geopolitical volatility in the U.K. Reports Monday (Aug.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

Simply Treasury

JUNE 3, 2021

Finally, in this top tier, the management of financial risks, including currency risk, which can be explained by the increased volatility of the markets. Contrary to the recent excitement for Bitcoins, crypto currencies do not seem to be a priority for treasurers. API’s have shown the use banks and corporates can make out of them.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

MAY 20, 2019

dollars or in the customer’s local currency. TransferMate collects funds from customers located in over 50 countries around the world through local funds transfer in customers’ local currency. Global Invoice Connect provides electronic bill presentment in U.S.

Invoicing 53

Invoicing Foreign Exchange Reconciliations Currencies 53

PYMNTS

DECEMBER 15, 2020

Businesses can use a recipient's accounting number or email address to initiate a payment, while transaction data is enhanced to support the reconciliation process. Head of Global Strategy and Payments for Global Transaction Services David Kretz said the solution aims to "remove friction and bring transparency to cross-border payments.".

Foreign Exchange 94

Foreign Exchange B2B Reconciliations Banking 94

PYMNTS

MARCH 5, 2019

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.

Foreign Exchange 46

Foreign Exchange Currencies Reconciliations Accounting 46

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Open Banking. Bank-FinTech Collaboration.

B2B 62

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

PYMNTS

MARCH 20, 2018

Nigeria can be a very complex foreign exchange environment,” said Mike Massaro, CEO at Flywire. Nigerians will now have the convenience of being able to make digital, cross-border payments in their local currency, through eBank transfers, credit/debit cards, and mobile payments.

Foreign Exchange 51

Foreign Exchange Healthcare Education Reconciliations 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. That information flow comes in on a real-time basis, rather than through the typical process of month-end reconciliation. The Advantages.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

DECEMBER 11, 2019

Kohli pointed to the added benefits of incoming cash-flow predictions, enhanced invoicing and reconciliation capabilities, and stronger engagement with a vendor’s client community. Foreign exchange (FX) is undoubtedly one of the biggest hurdles. “The person receiving it is just happy to get paid.” and Turkey.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

APRIL 14, 2020

It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

DECEMBER 15, 2017

It’s no secret that growth in cross-border trade has been explosive, where digital commerce and devices have brought heretofore untapped consumers to companies — transacting across time zones, currencies and languages. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

JULY 8, 2016

With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. “It can take days for the money to reach its destination, and the transfer and foreign exchange fees are excessive and often prohibitive to SMEs.”

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

JULY 2, 2018

That solution provides businesses, making purchases on Amazon Business with their American Express commercial cards, with line-item information on their buys for greater visibility into spend practices and more efficient reconciliation. The new card product will expand that functionality when it hits the market.

Foreign Exchange 41

Foreign Exchange Banking Reconciliations B2B 41

PYMNTS

JULY 9, 2019

Most said they manually manage intercompany processes like reconciliation, while ad-hoc functions are also common. The tool lets treasurers keep a single account for each currency, for example, or to group accounts based on product line or legal entity. The FX Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Reconciliations 60

PYMNTS

JUNE 29, 2018

“Obviously, with the globalization of the world and the fact that so many countries are involved, companies have to deal with different regulations, languages and currencies,” Kilby said. Physical currency can be problematic for a variety of reasons, though, including that employees might not get the best foreign exchange rates.

Reconciliations 43

Reconciliations General Ledger Foreign Exchange Currencies 43

PYMNTS

JUNE 7, 2018

As the world continues to shrink and companies do more business beyond their borders, quick and efficient fund transfers and reconciliations have become crucial to keeping everything organized and everyone happy. The need for faster payment and reconciliation affects a variety of businesses.

Reconciliations 46

Reconciliations Currencies Foreign Exchange Accounting 46

PYMNTS

SEPTEMBER 4, 2018

Apart from supplier payments, the shift could have significant impacts on foreign exchange conversions for faster hedging, real-time investments, faster risk-mitigation capabilities and real-time visibility into more accurate cash positions. “As

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

MARCH 1, 2018

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.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40