How can you succeed when 95% of your turnover is exposed to foreign exchange risks?

25 October 2019

That is the challenge for destination management companies (DMCs) operating in France and in Europe. According to the World Tourism Organisation (UNWTO), the year-on-year increase in arrivals of international tourists stood at 6% in 2018, and 4% in the first quarter of 2019. Destination management c...

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International payments, foreign exchange risk: could a fintech be the ally of tour operators?

25 October 2019

For 50% of financial directors, the erosion of margins represents one of the challenges for 2019 (Gartner), while for 73% of them, the priority is to ensure their treasury forecasts for this year are reliable (PWC). In the tourism industry, where companies are exposed to foreign exchange risk, these...

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How can travel agencies protect against foreign exchange risk?

25 October 2019

Because access to good financial services should not to be confined to large groups, fintechs are the partners – sometimes unknown – for players in the tourism industry. Could innovation be the best ally for your trade margin?

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The CEO's Letter

14 November 2018

iBanFirst raised €10 million two years ago… We have just concluded our B Series, which stands at €15 million. This is clear evidence of our credibility and solidity, confirmed by some promising growth indicators: iBanFirst now has 2,500 clients. Between them, they carried out 40,000 transactions usi...

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BEN, SHARE, OUR: 3 options for international payments

6 November 2018

When you initiate an international payment, you have 3 billing options to choose from: either you take the possible costs at your own expense, or you charge them to the beneficiary of the payment, or you share them fairly.

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4 advantages of the real-time exchange rate for SMEs-SMIs

24 October 2018

Any SME - SMI that has had to do foreign exchange transactions via its bank (international transfers in particular) can testify: the system is opaque and the costs high. However, today, solutions exist to provide SMEs - SMIs with real-time exchange rates, under economic and transparent conditions.

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