SOURCE: Cambridge Global Payments

Cambridge Global Payments

May 11, 2016 09:00 ET

Cambridge Global Payments Named 2016 INNOVATOR in Foreign Exchange by Global Finance

Global Leader in Cross-Border Payment Services and Risk Management Solutions Recognized for Ground-Breaking International Payments Platform

TORONTO, ON--(Marketwired - May 11, 2016) -  Cambridge Global Payments, a leading provider of integrated cross-border payment services and risk management solutions, has been named one of Global Finance's 2016 Innovators in foreign exchange for the strategic user interface enhancements it has implemented to its highly intuitive trading and payments platform, Cambridge Link. This award recognizes pioneering organizations that have devised breakthrough products and enhanced services to transform how companies implement complex FX strategies and limit currency risk.

"Nowhere are the needs for timely information and a strong web of connections more critical than in foreign exchange," said Joseph Giarraputo, publisher and editorial director of Global Finance. "Current innovation efforts in forex are making a vast array of real-time data more accessible and easier to sort and analyze."

Cambridge Link, an innovative web application designed to drive cross-border payment efficiencies, delivers payments to over 170 countries, down multiple delivery channels, backed by Cambridge's industry leading Straight-Through-Processing capabilities. Designed to offer a simplified and instinctive user interface, Cambridge Link uses proprietary built validation tools to inform users upfront exactly the information they need to provide to successfully settle their international payments, to the most exotic of countries. This results in a significant decrease of payment returns and rejections, alongside reduced time and overhead for costs spent on investigations. Cambridge Link is designed to present users with the same highly intuitive experience on all modern devices including tablets, bringing FX trading and payments execution to their fingertips.

"We spent a great deal of time during our development cycles to ensure the usage of our products are met without fuss or bother, thus we are extremely proud to have our platform recognized for its Intuitive User Experience in the marketplace, an acknowledgement that reaffirms we are delivering the latest technology that revolutionizes the cross-border payments process," said Corinne MacMillan, Chief Technology Officer, Cambridge Global Payments. "Cambridge Link is a step towards the future of financial technology and we look forward to moving into the next phase of our enhancements."

About Cambridge Global Payments

Cambridge Global Payments is a leading provider of integrated cross-border payment services and risk management solutions. As a trusted partner for over 20 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance's audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.

Its website -- GFMag.com -- offers analysis and articles that are the heritage of 29 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

Contact Information

  • For editorial information please contact:
    Andrea Fiano
    afiano@gfmag.com

    For further information, please contact:
    Kristina Lee
    Magnolia Marketing Communications
    Phone: 778-999-8562
    Email: klee@magnoliamc.com