|[January 23, 2013]
AFEX Launches Enhanced Version of AFEXDirectTM
ENCINO, Calif. & LONDON --(Business Wire)--
AFEX, one of the world's largest non-bank providers of foreign payment
solutions, with international payment expertise around the globe, today
announced the launch of an enhanced version of AFEXDirectTM.
Reflecting client feedback and utilizing cutting-edge technologies, the
latest evolution of AFEXDirectTM features improved search and
display options, the ability to schedule payments to beneficiaries
directly from available funding balances and a consolidated overview of
currency exposure to simplify international treasury management.
AFEXDirectTM builds upon its strengths as a comprehensive
international payment and risk management solution, arming clients with
the latest tools to best support their international treasury function.
As an increasing number of mid-sized businesses engage in commerce
across borders, managing and mitigating currency risk is of utmost
"The latest release of AFEXDirectTM arrives amidst an
uncertain environment in the Euro-Zone, and our enhanced product gives
our clients a robust suite of tools to comprhensively manage their
exposure to the Euro and other currencies," said AFEX CEO Jan Vlietstra.
"Since 1979, AFEX has strived to provide customized, dependable and
localized service in the markets it serves, and we believe the latest
release of AFEXDirectTM demonstrates our ongoing commitment
to that mission."
The latest release was engineered to improve transaction processing time
while decreasing administrative workflow. Other key features include an
improved home screen layout with currency funding balances, the ability
to schedule payments to beneficiaries directly from the funding
balances, streamlined report and search capabilities and an improved
file upload tool with customized ERP integration potential.
"The enhancements to AFEXDirectTM draw upon the latest
technology while ensuring that the platform remains easily navigable,
resulting in a seamless client experience," said Guido Schulz, Global
EVP Strategic Management at AFEX. "Our foremost goal is always to
provide customizable international payment, treasury management and
foreign exchange solutions that are unmatched in the global payment
industry. We believe these updates allow clients to focus on what they
know best, conducting global commerce."
Established in 1979, AFEX is a leading global payment solutions provider
that specializes in cross-border transactions and provides market
expertise and unrivalled customer service for businesses and private
clients. With a client base of over 15,000 active commercial customers
worldwide, AFEX prides itself on tailoring its payment and foreign
exchange services to meet its clients' needs. AFEX's online payment
platform, AFEXDirect, makes it easy for companies to manage
international invoices. AFEX maintains offices throughout North America,
the United Kingdom, France, Sweden, Australia, New Zealand and
Switzerland. To find out more, please visit www.afex.com.
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