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Cambridge Global Payments Automates X-Border AP

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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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Trade Credit Insurer Waldorf Launches AR Insurance For SMBs

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SMBs can receive protection in case their corporate customers become insolvent or file for bankruptcy, or are unable to pay their invoices, according to Waldorf Trade Risk. Insuring against the risk of non-payment of outstanding invoices can support small businesses’ access to financing, the company noted. ” . ”

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

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While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

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Qolo Rolls Out Comprehensive B2B Payment Platform

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B2B payments hub Qolo has introduced a new all-in-one payment solution, aiming to address issues with speed, security and costs for B2B payments, a press release says. According to the company, this is accomplished through a rules-based structure that looks at advanced card processing and cross border and foreign exchange capabilities.

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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. In a press release , WorldFirst announced it has acquired Australia-based CurrencyVue, a takeover that WorldFirst said will help expand its cross-border trade and payments solution for businesses.

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PayPal Rolls Out Newest B2B Payments Services In India

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PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. “At PayPal, we are focused on enabling digital payments in a safe and secure environment,” said Anupam Pahuja, country manager and managing director at PayPal India. Reports on Wednesday (Aug.

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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. Both firms also plan to expand illimity’s cross-border deposit accounts to the broader EU market.