[October 26, 2016]

Cambridge Global Payments Awarded 2016 Innovative Payments Technology of the Year by PayStream

Cambridge Global Payments ("Cambridge"), a leading provider of integrated cross-border payment services and risk management solutions, has been awarded Innovative Payments Technology of the Year by financial research and advisory firm, PayStream Advisors, for its highly intuitive online payments platform. This annual award recognizes automation software providers that deliver standout solutions designed to streamline costly, time-consuming back-office finance processes.

"Cambridge has built a straightforward, yet fully-functional solution that focuses entirely on global payment exchange. It features a no-nonsense, intuitive UI, and easily and quickly integrates into a wide variety of AP and ERP systems," said Jimmy LeFever, Director, Research & Consulting at PayStream Advisors.

Designed to significantly enhance cross-border payment efficiencies, Cambridge's online payments platform is a revolutionary web application that delivers payments to over 170 countries around the world, via multiple delivery channels and supported by Cambridge's industry-leading Straight-Through-Processing capabilities. Providing users with a simplified and instinctive dashboard, the platform utilizes proprietary built validation tools to inform users upfront precisely what information is required to successfully transact their international payments, even to the most exotic countries. The result is a substantial decrease in payment returns and rejections, as well as reduced time and overhead spent on investigations.

"During our development cycles, we dedicated a considerable amount of time to ensuring that our online payments platform consistently delivered a seamless, accessible experience for our users. We are therefore exceptionally proud to have it recognized for its innovative and intuitive user interface, reaffirming our position as a technology innovator that drives ground-breaking advances in the cross-border payments process," said Corinne MacMillan, Chief Technology Officer, Cambridge Global Payments.

About Cambridge Global Payments
Cambridge Global Payments is a leading provider of integrated cross-border payment services and risk management solutions. As a trusted partner for over 20 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Our award-winning capabilities and industry-leading technologies simplify the way businesses connect with the global marketplace. As one of the largest bank-independent providers globally, we are flexible and responsive, with offices across North America, Europe, and Australia. Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.

About PayStream Advisors
PayStream Advisors is a research and advisory firm focused on business process automation in sourcing, supply chain management, procurement, accounts payable, payments, and expense management. PayStream's team of experts provide targeted research and consulting services to address the changing needs of finance and procurement professionals. In short, they are dedicated to maximizing the returns and lowering the risks associated with technology investment. PayStream's research reports, white papers, webinars, and tools are available free of charge at www.paystreamadvisors.com. PayStream Advisors is a division of Levvel, an IT consulting firm specializing in technology strategy, design, architecture, and implementation services.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161026005133/en/

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