TransferMate’s unique receivables solution enables businesses to reduce debtor days, eliminate bank fees and gain full visibility on cash flow

B2B payments company offers an easy-to-use solution to get paid faster while automating invoice reconciliation Editor’s note: This is the third part on our series on receivables leading up to our April 30 Webinar. Read about the basics of receiving international payments in part one and improving cash flow in part two. TransferMate Global Payments, one of the world’s leading cross-border B2B payments providers, has deployed an advanced receivables solution to businesses around the world. The payments solution enables TransferMate clients to reduce their days sales outstanding (DSO) while gaining…

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Brexit Uncertainty Spikes and Pound Plummets

Following the resignation of Brexit secretary Dominic Raab and Pensions Secretary Esther McVey, the British Pound has plummeted. There are expectations of further resignations in what is being called a “rebellion” against the Brexit deal struck by the E.U and U.K. In his resignation letter Raab said, I cannot support an indefinite backstop agreement, where the EU holds a veto over our ability to exit, the terms of the backstop amount to a hybrid of the EU Customs Union and Single Market obligations. No democratic nation has ever signed up…

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Money20/20 Europe: TransferMate Global Payments

Money20/20 Europe kicked-off in Amsterdam on Monday June 4th. The three day event has left people with a feeling of excitement, hunger for success and an overwhelming sense of being in the thick of something revolutionary. The discussions had at the circus themed event were thought provoking, insightful and almost incredible. The future of money is exciting, it is new and it is changing to something nobody would have ever predicted – at least not ten years ago! Some key take homes from Money20/20 Europe were; we need to build…

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TransferMate primes itself for post-Brexit EU market dominance with further expansion of senior management

The only EU payment institution regulated in USA and EU

  Announces achievement of full U.S. regulatory approval. Post-Brexit, TransferMate will become only EU Payment Institution regulated throughout the EU and every U.S. state. Appoints Gary Conroy, former MD, Realex as Chief Commercial Officer. Appoints Rafael de la Vega, former Director of Global Partnerships at Intuit in Silicon Valley, as North American Board advisor. Dublin – August 6, 2017 – TransferMate, the global B2B end-to-end payments platform today announces the expansion of its senior management team following its achievement of full U.S. regulatory approval. Upon Britain’s exit from the EU, the Kilkenny company, which is owned by…

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Brexit Insight: How Should Your Business React?

Brexit Insight: How Should Your Business React?

The UK is leaving the EU – So now is not the time to bury your head in the sand. HOW DO THINGS STAND AT PRESENT? The UK economy appears to have weathered the initial shock of the Brexit vote, although the British pound’s value remains near a 30-year low, opinion is sharply divided over the long-term effects of leaving the EU. Major firms such as EasyJet and John Lewis have pointed out that the sterling slump has increased their costs. Britain also lost its top AAA credit rating, meaning…

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