EDEKA, Germany’s largest supermarket corporation headquartered in Hamburg, announced the selection of Traxpay’s dynamic financing platform to provide its suppliers with financial freedom and to deepen their relationship with them.
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Thomas Egner, Secretary General, Euro Banking Association and Markus Rupprecht, CEO, Traxpay discuss how the world of Payments is undergoing a paradigm shift towards the collection and strategic use of data. Partnering with FinTechs is one way to help banks leverage the power of information around corporate’s financial transactions and data. Egner and Rupprecht conclude that digital service experiences and service options can be created for better customer experiences and strengthened business relationships.
Don't blink! Chief Revenue Officer for Traxpay, Alan Koenigsberg, presents a convincing case that we are at an inflection point for banks who have an opportunity to embrace greater innovation in payments and trade. The looming challenges banks face is the very real potential that third-party, non-traditional players may begin to process payments themselves, however, tremendous opportunities still exist for banks.
As a vital link in any healthy supply chain, suppliers have a vested interest in understanding how a supply chain finance program can benefit their business, optimizing their working capital and better support growth objectives. Traxpay’s Matthew Hatton and Stephan Nauf discuss the benefits, concerns some suppliers have about working with SCF programs, and available synergies with FinTech.
The Parallels Between Business and Friendship: Deepening Supplier Relationships Through Trade Finance
When Buyers decide to extend payment terms, the relationship with their Suppliers often becomes tense. Traxpay's team of Jochen Siegert and Alan Koenigsberg opine on cooperative finance solutions that work for everyone, encouraging banks to work with their clients all along the the supply chain utilizing a FinTech solution — like the one offered by Traxpay.
Before putting away the spreadsheets and powering down the laptops prior to heading off to the shore or mountain retreat, corporate treasurers may want to consider how they can maximize the efficiency of their payment function through a strategic supply chain finance program. Traxpay CEO, Markus Rupprecht makes the case why.
We're thrilled to present this whiteboard-style animated video which meets the challenge of succinctly explaining the Traxpay Dynamic Financing Platform℠ — how it works and what the benefits are — for all concerned entities along a given supply chain.
Chief Revenue Officer at Traxpay, Alan Alan Koenigsberg, explains how banks can embrace FinTechs — like Traxpay — as partners in a race to utilize data and exploit critically important cross-selling opportunities. This industry trend is supported by several recent noteworthy reports.
Traxpay is recognized in a recently published article, “Bridging the Gap: 21 Useful Integrations for Your Fintech Product,” courtesy of Romexsoft — a comprehensive overview of the best APIs in FinTech that deliver seamless and streamlined customer experience.
Feeling inspired from their trip to Davos, Founder and CEO of Traxpay, Markus Rupprecht, and strategic advisor to Traxpay, Alan Koenigsberg, discuss opportunities for dynamic change — the very real possibility for unique partnerships between banks and FinTechs.