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Travelex Global Business Payments News Articles
Western Union Completes Acquisition of Travelex Global Business Payments
November 07, 2011
Company is now World’s Leading Non-Bank Provider of Cross-Border Business Payments. Together, the combined business will offer its more than 95,000 business clients – mostly small and medium-sized enterprises (SMEs) – immediate scale and expanded global reach in the estimated $24-billion international SME cross-border business payments market.
Travelex Global Business Payments Named A Finalist for 2011 Alexander Hamilton Best Practices Award
September 19, 2011
Travelex Global Business Payments is pleased to announce that the GEO Global Clearing Network is a finalist for the Solution of the Year in Treasury & Risk magazine’s 16th Annual Alexander Hamilton Best Practices Summit & Awards Program scheduled for Oct. 25-26, 2011 in New York City.
Global Payment Companies Aim to Find Big Profit on Campus
August 31, 2011
With more families sending their children, and their money, abroad for a university education, managing cross-currency tuition payments is becoming a hotly contested field.
Travelex Global Business Payments and Lendingtools.Com Partner to Deliver Integrated Electronic Payment Solutions for Financial Institutions
August 11, 2011
Travelex Global Business Payments, Inc. (“Travelex”), the world’s leading cross-border payments specialist, and LendingTools.com (“LT”), the premier third-party service provider to correspondent financial institutions, today announced a partnership to facilitate international electronic payments solutions, on a customized online platform.
Higher One and Travelex Announce Houston Community College as First to Deploy Joint Electronic Tuition Payment Solution
July 11, 2011
Higher One Payments, Inc., a technology and financial services company focused on the higher education market, and Travelex Global Business Payments, Inc., the world’s leading non-bank provider of international payment services, announced the first deployment of their joint electronic tuition payment solution with Houston Community College (HCC) in Houston, Texas.
Western Union to Acquire Travelex Global Business Payments
July 5, 2011
Travelex, one of the world’s leading foreign exchange specialists, today announces the sale of its business payments operations, Travelex Global Business Payments (“TGBP”), to The Western Union Company (“Western Union”) for a total cash consideration of £606 million.
Travelex GEO launches renminbi payments into China
June 6, 2011
Travelex Global Business Payments, the international payments specialist, today announced that their business customers will now be able to trade in Chinese renminbi through Travelex’s unique GEO Global Clearing Network. Travelex will be the first non-bank Payments Specialist to offer business transfers in renminbi, the official currency of the People’s Republic of China.
Travelex Global Business Payments Named Most Innovative Company Finalist in 2011 American Business Awards
May 25, 2011
Travelex Global Business Payments, Inc., the world’s leading cross-border payments specialist, announced today that is has been selected as a finalist in the “Most Innovative Company of the Year” category in the 2011 American Business Awards. Travelex was nominated for a series of business and product innovations, including the most recent launch of the ‘GEO’ Global Clearing Network, a new intuitive service designed specifically for businesses to improve payments efficiency and simplify the international payments experience in 130 currencies across 40 counties.
Travelex Global Business Payments Scoops Three Award
May 19, 2011
Travelex Global Business Payments, the cross-border payments specialist, is proud to announce that it has been nominated for three prestigious Customer Service Awards in the UK.
Weaker Dollar Makes Proactive Approach To Currency Risk Mitigation Critical For American SMEs, Says Travelex Global Business
April 11, 2011
Given the continued weakness of the US dollar relative to a number of major currencies, small- and mid-sized businesses that send payments internationally must take a proactive approach to hedging their exposure in this challenging market environment, says Travelex Global Business Payments.
Travelex Global Business Payments and Fundtech Launch International Payment Platform for Financial
April 05, 2011
Travelex Global Business Payments, the world’s leading cross-border payments specialist, and Fundtech Ltd., a market leader in global transaction banking solutions, today announced a partnership to form an industry-leading integrated foreign payment solution for U.S. financial institutions.
Universities Go Global With Travelex
March 22, 2011
Recognized globally for its international payments solutions and expertise within the higher education sector, Travelex Global Business Payments (TGBP), the world’s cross-border payments specialist, has recently accelerated its international presence in the Higher Education sector and now works with over 300 Universities worldwide, across the four continents in which it operates.
Strong Canadian Dollar Has Exporters Sitting on US Dollars
March 9, 2011
Canadian exporters are sitting on stacks of U.S. dollars, unwilling to exchange them for Canadian currency until the U.S. unit strengthens, according to Travelex Global Business Payments.
Travelex Global Business Payments Strengthens Senior management Team
February 17, 2011
Travelex Global Business Payments, the world’s leading cross-border payments specialist, has made two new senior additions to its Global Management Team over the last few months as it accelerates growth on the back of its recently launched GEO Global Clearing Network. The appointments have been made to support Travelex’s growth strategy in 2011 and are with immediate effect.
Travelex’s GEO marches into Asia-Pacific
January 27, 2011
Travelex Global Business Payments, the leading cross-border payment services provider, today announced it has commenced international payments services for Rakuten Bank, part of the Rakuten Group and one of Japan’s leading e-commerce companies, through its GEO international payments platform.
Managing FX Risk and International Payments: What Should be in Your Treasury Toolset for 2011?
January 24, 2011
Market volatility throughout the course of 2010 has treasurers considering measures to mitigate the risk of foreign exchange (FX) and better manage international payments and receipts. How can this best be achieved and what tools should you be on the lookout for going into 2011?
Businesses Back Travelex Over Mega-Banks in Cross-Border Payments
November 3, 2010
Travelex Global Business Payments continues to emerge as a clear industry leader in global payment solutions, according to a Tower Group research report.
Higher One and Travelex Partner to Provide Improved Payment Services for International Students
October 28, 2010
Higher One Payments, Inc., a technology and financial services company focused on the higher education market, and Travelex, announced a partnership intended to provide universities and colleges with improved processes to collect tuition and other payments from international students studying abroad in the United States.
Travelex Heralds Next Generation Payments With Launch Of ‘GEO’ For Financial Institutions
October 25, 2010
Travelex Global Business Payments, a leading provider of international payments and foreign exchange solutions, today launched a new payment service, GEO for Financial Institutions.
Summary of Summer Trading results and Half Year Update
September 15, 2010
Travelex has delivered a strong performance over the important summer trading period. Additionally, as the half year results show, Travelex has demonstrated resilience during the financial crisis and the business is in a healthy financial and commercial position and is well set to benefit from sustained growth.
Social Media: A Growing Force in the Payments World
August 10, 2010
David Sear, Divisional Managing Director for Travelex Global Business Payments, highlights how the rise of social media applications have influenced the payments space and traditional banks are falling behind in their ability to keep up in an evolving marketplace.
Members United Selects Travelex to Streamline International Wire Processing
July 26, 2010
Travelex Global Business Payments, a leading non-bank provider of international payments and foreign exchange solutions, and Members United Corporate Federal Credit Union, today announced an alliance that will streamline the entire payments process for the corporate credit union’s members who perform international wire transactions.
Travelex Confidence Index with David Sear
July 8, 2010
David Sear, Travelex Divisional Managing Director, appears on CNBC to discuss the June Confidence Index report, a measure of the views, sentiments and confidences of the UK’s SME importers and exporters.
Travelex Launches fx360 Saving Businesses Thousands of Man-hours in Manual Payment Processing
June 17, 2010
Travelex fx360 allows businesses of any size to upload a single file of multiple types of payments directly into the payment processing system and then have the file reconcile back into their accounting or enterprise resource planning (ERP) system.
Travelex Research Reveals Increase in International Trade Volumes and Payments Activity
June 14, 2010
Travelex Global Business Payments’ research, conducted by Treasury & Risk magazine, released today revealed that senior finance executives found more than 25% of their total monthly payments are international payments.
Travelex Global Business Payments continues to gain traction in legal vertical globally
May 21, 2010
Travelex Global Business Payments, a leading provider of international payments and foreign exchange solutions, today announced the global expansion of its vertical market strategy in the legal sector with the worldwide launch of the GlobalPay Legal offering.
The Emerging Payment Marketplace & Solutions to Navigate the Challenges
May 12, 2010
SVP Adam Tiberi speaks at the 2010 IAPP Annual Forum & Expo about new trends in the payment marketplace and how your business can navigate the associated challenges.
Making the Leap to Electronic Payments
April 27,2010
The move away from cheques is gaining pace as companies take a new interest in cost control. But what are the challenges, and how can they be overcome?
Travelex Launches Emergency Money Service for Stranded Travelers
April 21, 2010
Travelex, the leading foreign exchange card and international payments company is launching a transatlantic initiative today to help stranded business travelers to get access to emergency funds and ensure that payments to countries throughout the UK and Europe arrive on time.
Travelex / Kyriba Partner to Simplify Global Payments and Cash Management
April 8, 2010
Travelex Global Business Payments, a leading provider of international payments and foreign exchange solutions, and Kyriba, the leader of the Software-as-a-Service (SaaS) cash and treasury management solutions, today announced an alliance intended to simplify the execution of domestic and international payments worldwide.
Travelex Extends Partnership of Sony Ericsson WTA Tour
March 16, 2010
Travelex, the world’s leading foreign exchange company, and the Sony Ericsson WTA Tour, the world’s leading global sport for women, announced today the renewal of their successful partnership for two years through 2011.
David Sear, Travelex, to speak at International Payments Summit
March 9, 2010
David Sear, Divisional Managing Director of Travelex Global Business Payments, will be speaking on 10th March 2010 at the International Payments Summit (IPS) in London. Following his keynote speech at SIBOS last year, Mr. Sear will speak about the phenomenal rise of the payment institution and predict how innovation in business-to-business payments will bring about a new era in payments.
2009’s Winners & Losers
February 26, 2010
2009 was a tough year, but find out who were the real winners and losers. Written by Travelex Senior Currency Market Analyst, Omer Esiner.
What’s Next for Travelex?
January 25, 2010
PYMNTS.com spoke with Christopher Russell, Executive Vice President of Global Vertical Markets, to find out ‘what’s next’ for Travelex.
Integrating the P2P Process
December 15, 2009
Banks and specialist payment providers are looking at how they can integrate more into the P2P process. How can they drive the development of payment technology and standards?
Managing FX in a Volatile Environment
November 23, 2009
Keep an eye on exposures and keep it simple has quickly become the conventional wisdom of foreign exchange.
Evaluating Hedging Programmes and Strategies
October 13, 2009
Kina Lamarche, President of Travelex North America, provides useful insight to any corporate looking to develop or examine their hedging strategy as the world begins to emerge from the current financial crisis.
A Contrarian Argument for a Stronger Dollar
October 15, 2009
Travelex market analyst, Omer Esiner, takes a look at where the USD has been and what factors should impact its value in the future.
How Third Party Participation Can Help Banks
September 25, 2009
David Sear, Travelex DMD, sits down with TVB Money Magazine to discuss the benefits to banks of using 3rd party providers for International payment solutions.
TowerGroup Research Ranks Travelex Industry Leader in Payment Solutions
September 14, 2009
Travelex Global Business Payments, a leading provider of international payments and foreign exchange solutions, today released a new research report, in partnership with TowerGroup, that ranked Travelex Global Business Payments as the industry leader in global payment solutions for the Small-Medium Enterprise (“SME”) market.
Economic crisis forcing businesses to think outside of the box for efficiency savings
May 28, 2009
With certain economic indicators showing that the US economy shrunk by 6.1% in the first quarter of 2009, businesses are now being forced to look ‘outside of the box’ to find efficiency savings.
DIY – New Web-based application lets vendors manage your accounts payable.
March 31, 2009
Article from the March 2009 issue of AFP Exchange covering Travelex Payee Manager, “DIY – New Web-based application lets vendors manage your accounts payable.”
Adam Tiberi, VP of Global Product Management talks at NY Cash Exchange show
March 18, 2009
Join us at the NY Cash Exchange show Wednesday May 27th, where Adam Tiberi, VP of Global Product Management at Travelex, will be speaking on Global Payments for the 21st Century.
What Your Firm Needs to Know Before it Makes a Global Payment
March 2, 2009
By Alfred Nader and Adam Tiberi. (Originally published in The Lawyers Competitive Edge)
Improving Control and Visibility Across the Payment Process
February 27, 2009
Travelex & Treasury & Risk Webinar, “Improving Control and Visibility Across the Payment Process” – featuring Travelex Vice President of Global Product Management, Adam Tiberi.
Unlock the Secrets of a Successful Global Cash Management Program
February 24, 2009
Travelex VP, Adam Tiberi, to provide tips on simplifying the payment process at P2P Conference.
Travelex Completes Acquisition of Ruesch International
September 6, 2007
Travelex, the world’s leading global business payments specialist, today announced the completion of the acquisition of Ruesch International, a premier provider of business-to-business payment solutions, for $440 million.
