Case Study: Wells Fargo reduces international receivables costs with TransferMate Global Invoice Connect

Wells Fargo - Customer Case Study

Wells Fargo, a global banking and financial services provider, needed a better way to reduce friction and complexity in international receivables as digital cross-border payments continued to grow. The challenge was to make it easier for U.S.-based businesses to receive payments from global customers while lowering administrative burden and costs.

TransferMate Global Payments partnered with Wells Fargo to launch Global Invoice ConnectSM, a solution designed to streamline receivables by automatically matching incoming payments to invoices and reducing manual reconciliation. The result was a simpler, more cost-effective international payment process that helps businesses receive the full invoiced amount faster, improve cash flow, and lower costs compared with traditional international wires.

Wells Fargo

Judd Holroyde

Head of Global Product Management