PYMNTS

JUNE 26, 2020

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.

B2B 60

B2B Foreign Exchange Economics Securities 60

PYMNTS

MARCH 5, 2019

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.

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

Reval

JUNE 13, 2017

According to Kerry Logistics Group Treasurer Eddie Mak, Kerry’s previous spreadsheet and paper-based invoicing process for tracking and reconciling intercompany transactions took much manpower for little gain. “We Securing this award is an outstanding example of a treasury department generating a great ROI and becoming more strategic.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

PYMNTS

AUGUST 25, 2016

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.

B2B 40

B2B Foreign Exchange Invoicing Accounting 40

PYMNTS

JUNE 28, 2019

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. Developments From Around The Smarter Payments World. The platform will support the U.S.

Foreign Exchange 44

Foreign Exchange B2B Nonprofit Invoicing 44

PYMNTS

DECEMBER 21, 2020

The company’s core business is to enable businesses to access payment or collection of major expenses using credit cards where cards are not accepted, such as to pay rent, tax, invoices and payroll. It made news earlier this month by expanding its services to Hong Kong.

B2B 70

B2B Foreign Exchange Accounts Payable Invoicing 70

PYMNTS

JUNE 21, 2019

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. Blockchain-based currencies can reduce foreign exchange (FX) costs and grant rapid payment transfers, Chikilian noted.

Foreign Exchange 43

Foreign Exchange Currencies Invoicing Leverage 43

PYMNTS

APRIL 18, 2016

” 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 .

Foreign Exchange 40

Foreign Exchange Invoicing B2B Accounts Payable 40

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. Check out our breakdown of all the deals below. Check out our breakdown of all the deals below.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

MAY 1, 2019

trillion trade credit gap to the continued reliance on paper trade documents and invoices, often the first hurdle that must be tackled is how to find the right corporate customers. For smaller Canadian exporters, securing a contract with a large U.S. Robert Pelletier, who is the chief representative, U.S.

Foreign Exchange 55

Foreign Exchange Finance Credit Risk B2B 55

PYMNTS

NOVEMBER 16, 2018

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. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 21, 2016

Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. Offering suppliers accounts receivable support to accept electronic payments from their corporate buyers, Nvoicepay focuses on faster, more secure B2B payments.

B2B 77

B2B Startups Foreign Exchange Investments 77

PYMNTS

MARCH 1, 2016

seeing the greatest value of investments — with China and Germany also securing massive deals, too. SoFi led the charge securing a $1 billion Series E round last August, just months after a $213 million round. Citi Ventures supported B2B FinTech companies like invoice financer C2FO, while iwoca got support from CommerzVentures.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

DECEMBER 31, 2020

Add in the current climate of heightened geopolitical uncertainty, trade disputes, foreign exchange volatility and regulatory complexities, and corporate treasurers have their work cut out for them, often with reduced budgets and slim staffing. The other is technological innovation. Just a few weeks after the U.S.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

OCTOBER 4, 2019

Positioned as a non-bank small business lender, California’s ForwardLine Financial secured $20 million in growth capita, reports said this week, with investors at Five Oceans Capital and Marisco Enterprises leading the fundraise. SaaSOptics said it will deploy the funding to invest in engineering and product management. Clix Capital.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

Creative CFP

OCTOBER 2, 2020

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. All of this is then saved securely on the cloud. It makes any query and audit way easier than before. No more looking for source documents in files and no more worries that files or paperwork might get lost.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

PYMNTS

JULY 24, 2020

has secured $80 million in new funding at a $5.5 Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. London startup mobile bank Revolut Ltd. billion valuation as part of its Series D round that kicked off five months ago.

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

APRIL 4, 2016

Investing in gold is hardly a novel concept, but according to MacMullin, the friction associated with it — buying coins, or acquiring gold through a broker, then dealing with the costs associated with shipping and securely storing the metal — essentially negate any of the benefits linked to protecting value.

Currencies 40

Currencies Education B2B Invoicing 40

PYMNTS

MARCH 23, 2020

Partnering with third-party providers equipped to handle cross-border payments is one viable solution as these organizations can mitigate potential payment process hiccups, including foreign exchange concerns and payment speeds. Third-party providers cannot eliminate all the frictions associated with cross-border payments, however.

Foreign Exchange 61

Foreign Exchange Currencies Valuation Education 61

PYMNTS

JULY 9, 2019

In another solution aimed at bank account consolidation, Neo announced today (July 9) that it is expanding its foreign exchange services to include the launch of a multi-currency account after receiving clearance by the Bank of Spain. The FX Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Reconciliations 60

PYMNTS

JULY 9, 2020

Oxbury Bank , which secured its full banking license in the U.K. The tie-up will be particularly useful to connecting Oxbury’s customers, which operate in the farming and agricultural arena, to make use of Faster Payments to facilitate real-time invoice payments. Oxbury Loops Into Faster Payments.

B2B 77

B2B Foreign Exchange B2C Banking 77

PYMNTS

FEBRUARY 11, 2020

Financial institutions (FIs) today face the ongoing threat of trade finance , he noted, pointing to a common tactic of a supplier submitting the same invoice to two different financiers to receive double funding. From invoice fraud to cyberattacks, the threats hampering trust in cross-border trade continue to grow.

Finance 53

Finance Technology Foreign Exchange Invoicing 53

PYMNTS

MARCH 6, 2019

Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Arm’s length transactions for intercompany loans, for example, can be proved by time stamping the [foreign exchange (FX)] rate from a trusted third party, and then via smart contracts auto-settling at maturity,” he said.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

MAY 1, 2018

For more than two-fifths of professionals surveyed, their organizations received more than 2,000 invoices every month. s top organizations told us they choose payment methods for reasons of cost, ease, speed and security,” said Optal General Manager, Europe, Andrew Downes in a statement. Finance experts in some of the U.K.’s

B2B 47

B2B Invoicing Foreign Exchange Pharmaceutical 47

PYMNTS

MARCH 1, 2018

The latest stats from travel and expense company Certify revealed that Uber secured 56 percent of ground transportation expenses for Certify customers in 2017, up from 52 percent in 2016. Businesses need options when it comes to ground travel, Mac recently told PYMNTS.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40