Product Updates: Secure & faster payments, better team management and more…

We’re continuously adding improvements to the Fyorin platform to ensure you can conduct your financial operations seamlessly and smoothly on a global scale. Recently, we’ve made some new additions to the platform that encompass security, payments, and contacts.

Biometric log-in: You can now enable easier login for biometric-enabled laptops/PCs and mobile devices to protect your financial data and funds. You can also tag the biometric devices by name and remove them later.

Card statement: Download card statements for each individual card for better control of spending.

More FX currencies: We now support payments in 30 additional currencies, expanding your global footprint. The full list includes: AED, AUD, BGN, BHD, BWP, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, MYR, NOK, NZD, OMR, PHP, PLN, QAR, SAR, SEK, SGD, TND, UGX, USD, ZAR.

Amend Payment Date: You can now adjust the payment execution date even after it’s been approved, giving you greater control over your funds and cash flow.

Contact Creation Validation: We’re now making it easier for you to create new contacts and avoid payment issues by pre-filling BIC/SWIFT codes and other ancillary fields. Less rejected payments, more timely payouts!

Wallets & tags: You can now create ‘Wallets’ with pots of money to handle outbound payments. This is different from sub-accounts as wallets don’t need funding details (they don't have IBANs). It acts as another layer of team management, as not everyone will get access to wallets. The ‘Tags’ can be attached to accounts, payments, cards and contact, giving admins more flexibility around team access management and more granular access to the users.

Xero Invoices: If you’re a Xero user, you can now pull invoices either by due date or planned date to decide which invoices should be paid first and manage cash flow better. This is done on connection to your accounting tool.

Faster global transfers: You can now choose between Local rails (such as SEPA, ACH, FasterPayments and others depending on currency) or SWIFT to ensure timely payment. Additionally, we now immediately evaluate whether a payment qualifies for instant rails to improve the speed of EUR, GBP, USD, and other currencies so that you can send the funds even faster.

We hope these improvements will help you and your team further streamline global financial operations. Should you have any questions, please don’t hesitate to contact us or check out the FAQ section.

Interested in streamlining your cross-border payments across 220+ currencies? Learn more about our capabilities and get in touch with us.