The business payments provider Corpay announced today (Tuesday) that it will utilize Netdania's NetStation platform to support the trading activities of its Cross-Border division's sales and dealing teams.

Corpay Partners with Netdania to Enhance Cross-Border Business

NetStation provides financial market data, news, analysis tools, and other capabilities that Corpay aims to leverage to strengthen its market analysis, risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term services, and overall client offerings.

"In today's digitally connected business world, we continually refine our systems and embrace advanced technologies to redefine traditional payment methods," said Nathan Cheema, the Managing Director for Corpay's Europe, Middle East, and Africa division.

Both companies believe Netdania's NetStation deal reflects Corpay's push toward technological leadership in the payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term industry. Netdania, a fintech firm United Fintech subsidiary, highlighted NetStation's comprehensive features, including charting, alerts, calculators, and market data coverage. The platform can also integrate client-specific data sources.

"We are delighted to expand our relationship with Corpay and support their leading trading activities with our NetStation platform," said George Govier-Rosenvold, the Head of Sales at Netdania.

Corpay offers cross-border payment services and other business payment solutions internationally. The partnership with Netdania aims to enhance its offerings by equipping staff with improved market analysis capabilities and tools.

Corpay's and Netdania's Recent Updates

Corpay, a payment sector company, was last mentioned by Finance Magnates in October when it entered into a partnership with the AC Milan football team, becoming its official FX Partner. This isn't the firm's only recent sports collaboration; in September, Corpay signed a separate agreement with the Aston Villa Football Club, which competes in the English Premier League.

As for NetDania, Citi recently chose it to provide advanced chart creation and data visualization services on the Velocity 3.0 platform. This partnership enables Citi's clients to utilize NetDania's comprehensive data visualization tools and state-of-the-art charting capabilities, enhancing their overall trading experience.

United Fintech, which owns NetDania, announced a few months ago the appointment of Mark Lawrence as its new Director and Head of Americas. Lawrence, formerly the Director of FICC Electronic Distribution at Goldman Sachs, was selected for the fintech venture launched by Christian Frahm in November last year as the new director and head of both Americas amid its expansion into the United States.