Fides Named Among World's Best Treasury & Cash Management Providers 2018
Zurich, Switzerland – February 22, 2018 – Fides Treasury Services Ltd., the global leader in multi-bank connectivity and communications, has received the Global Finance 2018 Treasury and Cash Management Award for Best Overall Program within the Best Corporate Implementation category. Fides was honored for the strategic multi-banking solution implemented for Payoneer, an innovative cross-border payments company transforming the way businesses pay and get paid globally.
The Best Corporate Implementation award category is new this year. The category was open to submissions from banks, corporations and technology companies showcasing new programs and technology implementations that demonstrated innovative problem solving and treasury and cash management best practices.
“We are thrilled to receive this honor from Global Finance,” said Andreas Lutz, CEO of Fides. “It is even more special as it also provides recognition to our client Payoneer and the strategic thinking of their treasury team.”
Fides worked with Payoneer’s global treasury staff to deliver and implement a solution that aggregates bank and transaction information and presents it in an easy-to-understand, intuitive user interface that facilitates real-time decision-making. Together, Payoneer and Fides developed and perfected a system to onboard multiple banks regardless of formatting requirements to achieve straight-through processing, save time and gain efficiencies.
“Our company is growing very fast, and it is mandatory that we have systems to support that growth and support the work that we have to keep up with in our environment. Without Fides, we would not be able to support the scaling of our business,” said Revital Gadish, SVP, Finance and Treasury at Payoneer. “We are proud to share this award with them.”
Fides is the global leader in multi-bank connectivity and transaction communications.
With the industry’s largest bank connectivity network, Fides helps over 3,000 active clients communicate with more than 10,000 banks globally. Our geographic reach spans 170 countries across the Americas, EMEA, and the APAC regions.
Committed to helping corporations optimally connect and interact with their banks for over a century, Fides’ solutions deliver critical multi-bank account statement, payment workflow and reporting capabilities that allow treasury and finance teams to easily, accurately and securely communicate with their banks through any possible channel such as SWIFT, EBICS, SFTP or any alternative network.
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