What Happens When Your Customers do FX with Other Banks?
Larger financial institutions often use FX and international payments as a way to get their foot in the door with a commercial client. Once they’ve established a relationship through conducting international payments, they look for opportunities to capture additional business. Here’s what’s at risk when your customers are going to big banks for their international … Keep reading “What Happens When Your Customers do FX with Other Banks?”
Five Reasons to Offer International Payments to your Customers
Efficient and simple International payment capabilities are a prerequisite for commercial clients when they evaluate your treasury management product offering. The reality is that business has become increasingly global, and companies must have a simple and reliable way to send and receive foreign currency. If you don’t have a solution you can be confident in … Keep reading “Five Reasons to Offer International Payments to your Customers”
The Benefits of Sending in FX vs USD
If you’re like many of the regional banks we work with, you’re likely avoiding the conversation about international payments with your commercial customers because you don’t have an impactful and practical solution to offer them. This means that while they might do most of their business with you, they’re doing international payments at a competitor. … Keep reading “The Benefits of Sending in FX vs USD”
Why Fintech Partnerships are Critical to Remainig Competitive
Over the past few years, the number of bank executives who say fintech partnerships are critical to their institution has almost doubled, jumping from just under 50% to around 90% agreeing with the sentiment.* Viewing fintechs as a threat has become a thing of the past. Both parties have a lot to gain from true … Keep reading “Why Fintech Partnerships are Critical to Remainig Competitive”
Elevating Your Customer Experience
Midsize and regional banks often use their community ties as a cornerstone of their brand. Whether it’s through community donations or boots on the ground at community events, demonstrating that they’re more tied to their community than big box banks is how they attract new customers. And there are plenty of people who want that … Keep reading “Elevating Your Customer Experience”
The Need to Innovate International Payments
Traditional FX Payments If your company is seeking to set up shop or expand their footprint overseas, we know that currency and treasury can be tough and sometimes necessary evils in those goals. Like most antiques stashed away in an attic or basement (dad you’re an expert here), businesses and processes that don’t innovate are … Keep reading “The Need to Innovate International Payments”