Fintech News

Groundbreaking Global Transaction Management Platform, Worldesk, Helps SMBs Navigate a Volatile Global Economy

Groundbreaking Global Transaction Management Platform, Worldesk, Helps SMBs Navigate a Volatile Global Economy

Mosaica, Inc., a leading international payment and fintech solutions firm, announced the launch of its groundbreaking global transaction management platform, Worldesk.

Mosaica, Inc., a leading international payment and fintech solutions firm, announced the launch of its groundbreaking global transaction management platform, Worldesk.

Read More: H2O.ai Empowers MarketAxess to Innovate and Inform Trading Strategies

The announcement comes at a critical time – not only for businesses across the United States, but around the world – as the Novel Coronavirus continues to spread. The viruses’ high transmissibility has caused a massive slowdown in the global economy. Already, despite a robust February jobs report, forecasts suggest the US economy could take a significant hit. Goldman Sachs now predicts zero growth for the first quarter of 2020, followed by a five percent contraction in Q2. Likewise, the world could be hammered with a nearly $3 trillion loss.

Read More: WorldRemit Partners with Wizall Money to Launch its First Mobile Money Transfer Service to Senegal

Available via an integrated web tool as well as on Android and iOS devices, Worldesk allows unprecedented real-time control over a host of international business needs, including payments and receivables automation, up-to-the-minute currency conversion, intelligence foreign exchange management, intuitive alerts, and seamless integration with third-party software.

“When we conceived of Worldesk, we designed a platform that was tailor-made for this situation. We can’t stop the spread of the virus, but we can help stop the spread of fear amongst small and medium-sized businesses. Essentially, we can inoculate companies with the tools to avoid a currency attack,” said Shiko Ohana, Mosaica’s CEO.

Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit

Related posts

AutoRek Announces Strategic Collaboration With Capgemini to Help Drive Its Ambitious Growth in Financial Services

Business Wire

Leading Blockchain Investor Forecasts That Blockchain Tech’s Proof Of Impact Will Blow Away ‘Winter’ Chills & Enable The Rebuilding Of Global Trust

Fintech News Desk

New PitchBook-Collision Venture Investor Survey Uncovers Realities of Investing During COVID-19 Pandemic

Fintech News Desk
1