This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance.
SMEs rarely have the funds to invest in sophisticated treasurymanagement systems (TMS), says TreasuryXpress CEO Anis Rahal, part of that is because the TMSs available are hefty, chock-full of tools that not every company actually needs and force a business to spend time and resources on implementation efforts. “In the U.S.,
In addition, BNP Paribas will explore innovations in tokenised deposits for global treasurymanagement with Ant International, through the latter’s Whale platform. Additionally, we are keen to foster innovation with such a key player to develop tomorrow’s treasurymanagement standards.”
One area where elimination of such processes can be of benefit is treasurymanagement — specifically, reconciliation of transactions and liquidity management. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior. Real-Time Window To TreasuryManagement.
But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.
Additionally, PayRetailers’ solution includes advanced treasurymanagement tools, such as real-time balance monitoring and automated reconciliation, enabling operators to manage their financial operations more efficiently.
Naudé continued: “With Wise Platform, Standard Chartered gains access to Wise’s global payments infrastructure, including our extensive licence network, 6 direct connections, payment operations expertise and proven capabilities in treasurymanagement.
Hisham Halbouny, Co-Founder and Managing Partner at P1 Ventures who is leading the round said : We couldnt be more excited to partner with Ife, Justin and Idris as they tackle one of the most critical challenges in finance. Juicyway is dedicated to making money transfers easier, faster, and more affordable.
The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. billion raised in those first three months.
With this innovative solution, businesses can enhance their financial operations and treasurymanagement. Funds move in real time, allowing for seamless business operations and treasurymanagement. The post Deus X Pay Unveils NeXus: Instant, Zero-Cost Cross-Border Transfers appeared first on FF News | Fintech Finance.
Advanced treasurymanagement features, such as real-time balance monitoring, automated reconciliation, and secure transaction processing, allow operators to manage their financial operations more efficiently. .”
With the introduction of ILS Global Accounts, businesses can now benefit from local collection capabilities, real-time settlement for faster payments, and streamlined treasurymanagement. ” The post Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels appeared first on FF News | Fintech Finance.
SUNRATE , the global payment and treasurymanagement platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025.
According to Turner, complex treasurymanagement systems are expensive and take a long time to implement — which might be fine for the largest of the large firms of the world, but not everyone. financial services space, data security will also come into focus for corporate finance executives even more than today.
For obvious reasons, financial teams can spend a great deal of time on corporate treasurymanagement, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest.
Deluxe Corporation is augmenting its treasurymanagement solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe TreasuryManagement said in a press release on Tuesday (Oct.
Ortec Finance has expanded its board with the appointment of two new members. Ortec Finance is a provider of technology and solutions for risk and return management. Funding and investments Agicap , the treasurymanagement platform, closes €45million Series C funding round led by AVP.
Trade finance is in serious need of a tech overhaul. It’s true that FinTech innovators and alternative lending companies have targeted trade finance to improve access to financing, especially for smaller companies. But there is demand for greater access to trade finance. Revenues from trade finance slumped by $2.8
In addition, DBS’ permissioned blockchain is integrated with Ant International’s Whale platform, enabling Ant International to seamlessly manage their intragroup liquidity on a 24/7 basis, thereby optimising workflow and visibility.
Singapore FinTech Festival returned for its ninth annual edition, bringing together policy, finance and technology communities at the Singapore EXPO. As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event.
The post Thunes and Commercial Bank Kyrgyzstan | MBANK Forge Strategic Alliance to Transform Cross-Border Payments in the Silk-Road Region appeared first on FF News | Fintech Finance.
Bank Global TreasuryManagement. Bank Advanced Receivables comes as senior finance leaders increase their focus on operational efficiency. Bank Advanced Receivables comes as senior finance leaders increase their focus on operational efficiency. corporate finance leaders is cutting costs within the finance function.
With a focus on its broader treasurymanagement offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes.
GPS provides business-to-business cross-border and treasurymanagement solutions to upper middle market companies, primarily in the US. The post Corpay to Acquire Cross-Border Payments Company appeared first on Fintech Finance.
The concept of tokenisation has several meanings and promises to drive a seismic shift in global finance in a number of ways. Following this, the company successfully secured its first cross-border financing for RWAs in Hong Kong, which should bolster its already rapid growth.
Societe Generale and Kyriba , a cloud-based finance and IT solutions provider, have announced a partnership to launch a new treasurymanagement solution.
The spreadsheet is the bane of many corporate finance professionals' existence. For accounting and treasurymanagement departments, the spreadsheet's drawbacks can lead to detrimental impacts on corporate bottom lines. There is another factor behind the persistence of the spreadsheet.
The solution is available to corporate clients of the bank’s PNC TreasuryManagement unit, according to reports, and will enable PNC to offer businesses real-time global payments. Head of Global Trade and Receivables Finance Ian Tandy in an interview with Global Trade Review. News of RippleNet’s first U.S.
CFOs need strong finance and accounting skills, along with years of experience, to find ways to enhance the organization's financial well-being. The CFO may work with the finance and accounting team to predict the effects of different operational decisions. Resolve accounting and finance problems.
Thunes’ Direct Global Network differentiates itself through its worldwide reach, in-house Smart TreasuryManagement Platform (powered by AI) and Superior Compliance Infrastructure, ensuring Members of the Network receive unrivalled speed, control, visibility, protection and cost efficiencies when making real-time payments globally.
Additionally, many treasurymanagement systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. . “APIs play a strategic role in positioning companies to act on information quickly, in a fully automated and secure manner.”
Anis Rahal, CEO of treasurymanagement firm TreasuryXpress , has been a vocal proponent of API technology in recent months. For Rahal, API technology can address some of the long-lasting challenges in treasurymanagement. But there’s a better way for treasurers’ needs to be met, he said. “I
Over the course of a month, this new process is saving the McLaren Racing finance team half a day of work. In addition, previously, the McLaren Racing finance team experienced slow transfer speeds – two to five business days – and high transfer fees when paying their international suppliers in US dollars (USD).
Citi Treasury and Trade Solutions (TTS) announced Tuesday (Feb. 23) that it reached a new milestone in this area that seems to suggest the enterprise is very much on board with mobile banking and transacting.
Strategic finance seeks to smooth out those rough edges by forcing a long-term perspective fed by a range of data sources and unlocked analytics – not merely the three-statement financial endeavors of yore. What is Strategic Finance? Why Do Businesses Need Strategic Finance?
By leveraging Thunes Direct Global Network, which connects to over 7 billion mobile wallets and bank accounts worldwide, TeleMoney will also benefit from Thunes’ Smart TreasuryManagement Platform, providing customers with fast, transparent, secure and compliant real-time global payments.
This week's look at the latest in bank-FinTech collaboration and open banking initiatives finds treasurymanagement in the spotlight. Commerce Bank has broadened its partnership with treasurymanagement and order-to-cash solution provider HighRadius to augment its own offerings to corporate clients.
Key features include omnibus wallets, automated consolidation, multi-venue trading capabilities, and comprehensive treasurymanagement. Layer1 simplifies integration with multiple blockchains, so businesses can manage their stablecoins and other digital assets more easily.
This integration will offer Ebury account holders immediate access, in a compliant manner, to the vast network of accounting, Enterprise Resource Planning (ERP), and TreasuryManagement platforms using Salt Edge services for automated reconciliation.
” Cook continued, “ RippleNet will enable us to stimulate an enhanced payment experience that will allow our corporate clients to manage their finances in a more efficient way. PNC was reportedly the first U.S. bank to use RippleNet’s blockchain network to move money across borders.
In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. But it was an embedded finance FinTech that took home more than half of the funding announced. Its micro-financing portal targets SMBs that cannot access capital via traditional means.
Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasurymanager, Clayton (..)
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content