Synovus introduces Accelerate Trade for international trade finance

By: Synovus Financial Corp. via Business Wire

December 09, 2024 at 09:30 AM EST

Synovus has launched its newest initiative, Accelerate^TM Trade, a portal for international business clients to manage global trade finance products more efficiently and transparently.

Accelerate Trade will streamline and automate processes, enabling Synovus clients to gain visibility into the entire lifecycle of international transactions on a single platform. This may reduce risk, improve liquidity and ensure smooth transactions between exporters and importers. These transactions include financial tools and services, such as letters of credit, documentary collections, export and import financing, bank guarantees and more.

“International trade involves complex transactions that require meticulous attention to detail,” said Katherine Weislogel, executive vice president and head of treasury and payment solutions at Synovus. “Accelerate Trade simplifies international business for our clients, empowering them to expand globally with confidence and speed.”

Paired with Synovus Accelerate FX, Accelerate Trade broadens the bank’s international banking services so clients can securely conduct foreign exchange and trade activities with enhanced reporting, workflows, alerts and payment options.

Synovus offers Accelerate Trade to its clients through Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and Banking as a Service. This collaboration ensures access to the latest technology and expertise in the industry.

Learn more about Accelerate Trade.

Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at synovus.com.