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Centtrip launches new feature that enables businesses to make hundreds of payments in multiple currencies with one click
Centtrip, an international payments, FX and treasury management specialist, has introduced a unique ‘Batch Payments’ feature that enables corporate clients to pay hundreds of recipients, in any currency, in one go with a single click.
Accountants can now make frequent and recurring payments, such as payroll or expenses, without having to re-enter information each time they need to set up a transfer. Whether you run a multi-national company or a small enterprise, this new development, which is not offered by high-street banks, will save you a huge amount of time and resource.
Corporate clients can set up a dedicated batch to pay multiple recipients in any currency via a bank transfer or make instant payments via the CenttripNow network. The intuitive feature allows accountants to match files from mainstream treasury management systems such as Xero, Sage, SAP and Oracle, with a Centtrip template, and vice versa.
Ronny Munster, Financial Director at Centtrip, said: “If your company is looking to save on bank fees and run swift and smart accounting systems, then this is a perfect solution for you. This new feature is all about efficiency.”
Viet Hyunh, Head of Engineering at Centtrip, added: “Automation is key to building successful and efficient operations. This new feature is a huge step forward in that direction. Batch Payments are totally unique and can be tailored to your company’s exact requirements. No banks offer anything like this to corporate clients.”
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Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
PayAngel Expands Global Payout Capabilities Through Collaboration with Visa and Currencycloud
PayAngel (https://PayAngel.com), a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa, a world leader in digital payments. Leveraging Currencycloud, a Visa Direct solution, PayAngel will strengthen its multicurrency account and international payout capabilities.
Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
Silverflow, the cloud-native payment processing company, is accelerating its post-Series B expansion after signing a major new US customer, increasing headcount by more than 20% and moving into a new Amsterdam headquarters to support growing global demand.
EXCLUSIVE: “Payments Re-Engineered” – Nigel Thacker, Silverflow and Victor Padee, Aevi in ‘The Fintech Magazine’
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