Financial Operations

October 22 , 2015

Cambridge Global Payments debuts intuitive trading and payments platform

Toronto, ON-- Cambridge Global Payments has launched Cambridge Link, an intuitive trading and payments platform. Designed with an intuitive user interface, Cambridge Link simplifies the complex rules of booking foreign exchange deals and initiating international payments, making global payment processes more efficient and cost-effective.

“The more consumers are being inundated with user experiences that are intuitive and agile, the greater the expectations are becoming for enterprises to conduct business in a digital format that provides the same, if not better, user experience ubiquitous today,” said Corinne MacMillan, Chief Technology Officer at Cambridge Global Payments. “Cambridge Link is a reaction to the changes in the payments technology landscape. Our focus is on a simplified experience that guides the user through making international payments while ensuring accessibility across all modern devices, including desktops and tablets.”

Cambridge Link’s key features:

  • Robust bank routing and regulatory data validation mechanisms to ensure payments are delivered to their intended destinations on time and with reduced rejections and return rates

  • User interface explicitly notifies users of exact payment requirements; streamlining transaction process

  • Architected with developers in mind, providing flexible integration with existing proprietary and accounting systems

  • SWIFT and in-country payments to over 170 countries, backed by Cambridge's industry-leading Straight-Through-Processing capabilities

“As we move forward as a company, we are excited to launch our most ambitious product yet. Cambridge Link aligns with our overall expertise in optimizing technology to execute integrated payment services,” said Gary McDonald, Chief Executive Officer at Cambridge Global Payments. “Cambridge Link is the gateway to our unique banking footprint that provides payment delivery to over 170 countries through an array of delivery channels. Above all, the platform enables organizations to focus on their business growth, leaving the complexities of making payments to Cambridge Link.”  

Kount awarded ‘Retail Security Initiative of the Year’

London, UK--Kount, a leading provider of fraud detection and sales boosting technology, is proud to announce that it has again won the ‘Retail Security Initiative of the Year’ award at the Retail Systems Awards.

The judging panel of industry experts and insiders were impressed by how Kount had been able to slash chargebacks for clients and boost sales and profitability, standing them head and shoulders above competitors.

Kount were able to demonstrate the extent to which their software was helping win the battle against chargebacks for clients such as:

CD Baby- Chargeback rates cut to 96 per cent

Busted Tees – Chargeback rates cut by 75 per cent

Paymentez – Chargeback rates cut by 70 per cent

Don Bush, VP Marketing of Kount, said: “To win this prestigious award for the third year in a row is not only a great honour, but testimony to our technology and industry insight.  The reward for successfully fighting fraud is increased profitability and we were able to conclusively demonstrate how we achieve this for our clients. We are delighted to win this award again.”



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