FLEETCOR, which works in global business payments, announced that it had reached an agreement to acquire cross-border payment firm Associated Foreign Exchange (AFEX) to help boost its own payments network, a press release says. AFEX works to implement cross-border solutions to aid small to medium-sized...
Global payments and FX hedging platform CurrencyVue has enlisted foreign exchange (FX) risk management solutions company AFEX to enhance its offering, the companies said Monday (Oct. 30). CurrencyVue said the partnership has led to the launch of its Integrated FX Risk Management Platform, which integrates...
Inadequate cash flow can cripple a business and is indeed the main culprit behind failed startups. But a cash flow crunch isn’t just deadly to one business. Inadequate funds mean an SMBs haven’t the money to pay its own suppliers, meaning that cash flow crunch...
Payments company Wirecard is teaming up with cross-border payments firm AFEX to launch prepaid card solutions to corporates across Europe, the firms said Tuesday (April 18). Wirecard Card Solutions will issue prepaid cards, both physical and virtual, in a collaboration using AFEX and Global Processing...
October 11, 2016
Nearly half of all SMEs say that they will increase their international business. When that happens, they say that their biggest fear isn’t fraud or security — it's currency volatility. AFEX’s State of International Payments Report highlights the risks and complexities that keep payments players who pay on a global stage up at night.
