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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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Global Exchange Expands Payments, Invoicing Services

PYMNTS

Along with its parent company, Cambridge Global Payments, Global Exchange is introducing Invoice Automation Solutions, a new service for businesses across industries that will be added into the Cambridge Global Payments offering.

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The Bank-FinTech Tie-Up Streamlines Access To Finance, Data

PYMNTS

The tie-up is the newest of many strategic FinTech partnerships Barclays has announced in recent times, with MarketFinance providing invoicing financing products and Nimbla providing invoice insurance. “[SMBs] are the lifeblood of the U.K. Wells Fargo & Envestnet.

Finance 91
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Trade Credit Insurer Waldorf Launches AR Insurance For SMBs

PYMNTS

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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Kerry Logistics Wins Best Liquidity Management Award Using Reval

Reval

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

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WorldFirst’s CurrencyVue Takeover Signals B2B Payments Push

PYMNTS

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems.

B2B 43
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Why ‘Micro-Multinationals’ Should Worry About FX Risk

PYMNTS

Fluctuating foreign exchange rates are a relatively new phenomenon,” he told Webster. “It No one yet has found a good way to price exchange rates or to price currencies. Costs of goods or services used to produce — well, goods and services — are invoiced in foreign currencies.