Remove IBAN Remove Multi-Currency Remove Reconciliation
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Payment Gateway Paybyrd Chooses Mangopay to Optimize Payment Experiences for Merchants

Fintech Finance

Mangopay’s fully customisable embedded e-wallet and payout technology, combined with its industry-leading virtual IBAN and FX capabilities, will allow Paybyrd to streamline reconciliations and provide transparency and effectiveness throughout the payment process.

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Ixaris, Banking Circle Streamline X-Border Travel Payments

PYMNTS

Virtual IBAN lets companies send and receive cross-border payments in real time at competitive rates, the companies said in their announcement. This improves payments acceptance, settlement times and reconciliation without the burden of multiple banking relationships, high fees and slow transfer times.”

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ONPEX Links Wirexend To SWIFT Cross-Border Payments

PYMNTS

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.

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This Week in Fintech: TFT Bi-Weekly News Roundup 23/05

The Fintech Times

In collaboration with ClearBank, Privat 3 Money introduces a multi-currency account, supporting transactions in EUR, USD, CHD, and CAD, all under a single IBAN. Kani Payments , the global data reconciliation and reporting platform, has added two new hires to its senior management team.

FinTech 59
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International Accounts Payable: Strategies for Global Financial Management

Nanonets

This includes managing foreign currency exchange rates and cross-border transactions, which often involve Value-Added Tax (VAT) or General Sales Tax (GST). Firstly, businesses should be mindful of the currency implications. An AP automation platform is particularly adept at handling multi-currency invoices.

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In Profile: James Butland at MangoPay

The Fintech Times

While our end-to-end solution allows platforms to manage multi-party payments, control money flows, and unlock new revenue streams. With built-in currency exchange, handling international transactions is easy, as we enable platforms to have more control over when, how, and at what rates they can convert funds.

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