More NewsXign Recieves Investment from MasterCard, and Signs Agreement with Williams

Xign Recieves Investment from MasterCard, and Signs Agreement with Williams

Xign Corporation has received an equity investment for an undisclosed sum from MasterCard International. The funds from the MasterCard investment will be primarily used to expand Xign sales, operations, and research and development activities, and to enhance MasterCard’s initiatives tied to the MasterCard Corporate Purchasing Card and the MasterCard e-P3 electronic payment and information management service. In a separate agreement Williams, an integrated natural gas company, has selected Xign to automate its Order to Pay processes. The Xign Order to Pay service is designed to eliminate paper and data entry and lower costs for the settlement of business transactions. In the first phase of the Xign deployment, the focus will be on increasing the volume of electronic transactions to reduce invoice-processing costs for Williams.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha