StoneX Global Payments Joins Hands with TIS to Offer Enhanced FX Payment Services for Corporate Clients

StoneX Global Payments, a subsidiary of a diversified global brokerage and financial services firm StoneX Group and specialized in cross-border payments, has formed a parnership with TIS (Treasury Intelligence Solutions), to combine the two firms’ extensive experience in cross-border payments and cloud-native payment solutions for corporate treasury and finance teams.

TIS helps Chief Financial Officers, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. 

Both TIS and StoneX Global Payments have strong SWIFT partnerships. Their collaboration allows corporate clients to simplify the complexity of cross-border and foreign exchange (FX) payments, delivering them a more cost-effective and straightforward workflow for their FX payments, as well as increased protection against currency risks.

This partnership enables TIS customers to significantly reduce FX payments costs and to further streamline cross-border payment processes, according to Jörg Wiemer, Co-founder and CSO at TIS.

"With automated, ERP-integrated processes as well as full transparency on cash flows and FX rates and 140+ currency options, and guaranteed delivery within 48 hours, together with StoneX Global Payments, we can offer unmatched services that allow our customers fast and efficient simple access to global markets. We're excited to push this collaboration further," noted Jörg Wiemer.

"Teaming up with TIS unites their offering in key areas of corporate clients with our strengths in global payment solutions and technology. This enables our customers not only to leverage efficiency and automation potentials but also to benefit from cost savings in the local currency business. We are looking forward to a fruitful partnership with TIS", said Marc Joppeck, Head of Sales & StoneX Payments Division Germany & Corporate Payments Europe.