Our Chief Product Officer Gary Conroy talks to Danny Peltz, Head of Treasury at Wells Fargo about Global Invoice Connect

At Money2020, Gary Conroy caught up with Danny Peltz to discuss the evolution of TransferMate and Wells Fargo’s relationship with the launch of Global Invoice Connect.Gary and Danny discuss the challenges with cross border payments including;Lack of visibilityLack of controlUnanticipated feesDifficulties with reconciliationIn addition to the benefits of using Global Invoice Connect;Improved funds flow visibilityImproved cash flowSame day money transferAutomatic reconciliationIntegration with Wells Fargo receivables manager