Aggregating Treasury Data for Improved Analysis

Company: Payoneer
Industry: Global payments
Headquarters: New York, NY
Employees: 1000
Solutions: [ARS] [EFT] [TMS connection]
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Payoneer, an innovative cross-border payments company transforming the way businesses pay and get paid globally, works with 50 bank and payment providers spanning 500 accounts and 150 currencies across 200 countries. The company needed a connectivity solution that could aggregate the data from its diverse providers, enable treasury to analyze that data, and work seamlessly with its TMS.

In 2015, Payoneer started looking for a multi-banking connectivity solution that could aggregate all the data from the banks and make it easy for the team to view and analyze that information in a variety of ways. Fides was the natural choice. The resulting implementation won the Global Finance Magazine 2018 Treasury and Cash Management Award for Best Overall Implementation in the Best Corporate Implementation category.