Synovus introduces Accelerate Trade for international trade finance
10 December 2024 - 1:30AM
Business Wire
Synovus has launched its newest initiative, AccelerateTM Trade,
a portal for international business clients to manage global trade
finance products more efficiently and transparently.
Accelerate Trade will streamline and automate processes,
enabling Synovus clients to gain visibility into the entire
lifecycle of international transactions on a single platform. This
may reduce risk, improve liquidity and ensure smooth transactions
between exporters and importers. These transactions include
financial tools and services, such as letters of credit,
documentary collections, export and import financing, bank
guarantees and more.
“International trade involves complex transactions that require
meticulous attention to detail,” said Katherine Weislogel,
executive vice president and head of treasury and payment solutions
at Synovus. “Accelerate Trade simplifies international business for
our clients, empowering them to expand globally with confidence and
speed.”
Paired with Synovus Accelerate FX, Accelerate Trade broadens the
bank’s international banking services so clients can securely
conduct foreign exchange and trade activities with enhanced
reporting, workflows, alerts and payment options.
Synovus offers Accelerate Trade to its clients through Finzly, a
fintech provider of modern banking applications for payments,
foreign exchange, trade finance and Banking as a Service. This
collaboration ensures access to the latest technology and expertise
in the industry.
Learn more about Accelerate Trade.
Synovus Bank, a Georgia-chartered, FDIC-insured bank,
provides commercial and consumer banking in addition to a full
suite of specialized products and services, including wealth
services, treasury management, mortgage services, premium finance,
asset-based lending, structured lending, capital markets and
international banking. Synovus has branches in Georgia, Alabama,
Florida, South Carolina and Tennessee. Synovus is a Great Place to
Work-Certified Company. Learn more about Synovus at
synovus.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241209156451/en/
Audria Belton Media Relations media@synovus.com
Synovus Financial (NYSE:SNV)
Historical Stock Chart
From Dec 2024 to Dec 2024
Synovus Financial (NYSE:SNV)
Historical Stock Chart
From Dec 2023 to Dec 2024