2024 Updates

Year-End Recap: Product Highlights

As 2024 comes to a close, here’s a look at the key product updates and improvements rolled out for Corpay Cross-Border this year:

Key Product Releases

• Multi-Currency Accounts (MCA): Corpay Cross-Border's MCA solution allows you to efficiently receive and pay out foreign currencies through a unique and secure IBAN or account number in your business’s name.
  Note: All references to FX Balances, Link Balances, and CLIAB have been updated to Multi-Currency Accounts on Corpay Cross-Border. Multi-Currency Named Accounts are not available to all parties in all regions, and may not be available and some types of organizations may be unqualified. Please speak with your Account Representative for more information.
  Learn more → Using Multi-Currency Accounts.
  

• Microsoft Dynamics Business Central Integration: We’ve extended our Microsoft Dynamics ERP integration to include Dynamics 365 Business Central (Dynamics BC). With this integration, you can send invoices from Dynamics BC to Corpay Cross-Border with just a click of a button. Payments made on Corpay Cross-Border are automatically reconciled in Dynamics BC, streamlining workflows by syncing payment data in real time and enabling informed decision-making. Please speak with your Account Representative for more information.
  Learn more → Microsoft Dynamics 365 Business Central.
  

• Remitters: You can directly create remitters on Corpay Cross-Border, simplifying remitter creation and improving efficiency in managing remitter details.
  Learn more → Remitters.
  

• Audit Logs: Audit Logs track the activities of users associated with your client code across Payments, Beneficiaries, Remitters, and User modules, improving transparency and accountability.
  Learn more → Audit Logs.

Security and Compliance Updates

• Single Sign-On (SSO) is available on Corpay Cross-Border for users with identity providers that support the SAML 2.0 standard.
  Learn more → To enable SSO, please contact crossbordersupport@corpay.com

• To comply with Fintrac and regulatory requirements:

  • PO Box addresses are restricted in the beneficiary address fields for Australia, Canada, and Mexico.
    Learn more → Entering beneficiary contact information.

  • The Sender’s Correspondent information (Field 53) is hidden in all outgoing MT103 messages.
    Learn more → Tracking payments.

Help Guide Update

• Video tutorials are organized by feature on a single help page, making it easier to access and find relevant tutorials.
  Learn more → Video Tutorials.
  

Enhancements and Bug Fixes

• We made minor UI enhancements to the main menu, Payments, and Reports modules and implemented various bug fixes to improve the user experience.

What's coming in 2025?

As we move into 2025, we're excited to introduce new features and enhancements, beginning with a security update to better protect your account. We’ll keep you informed about all the details and any actions required as we roll out these updates.

Thank you for your support this year. We look forward to another great year together!

Corpay Cross-Border Single Sign-On (SSO)

Corpay Cross-Border users can now log in using SSO with SAML-compliant identity providers (IDPs). This means you can use a single set of credentials between our product and other integrated applications to log in, making it easier to get started and eliminating the need for multiple logins. We use secure authentication and authorization protocols to keep your information safe.

Note: This feature is not enabled by default; users must contact us to enable SSO.Currently, SSO is only available for users with identity providers that support the Security Assertion Markup Language 2.0 (SAML 2.0) standard. We are actively working on extending support to include non-SAML authentication methods.

Learn more → For more information on enabling SSO, please contact crossbordersupport@corpay.com.

User Interface Improvement

We increased the width of the Corpay Cross-Border header containing the main menu options and updated the main menu items to title case for consistency with the sub-menu items. These changes have been made to improve accessibility and enhance the overall user experience.

Note: The menu options shown in this screenshot may vary based on user permissions and access.

Learn more → Your Dashboard.

Help Guide Update

We’ve consolidated all Corpay Cross-Border video tutorials listed by feature into a single, easy-to-navigate help topic page. You can now easily access our library of videos to find the training materials you need to onboard our platform.

View page → Video Tutorials.

Upcoming: Security Setup Enhancement

We're enhancing our platform security and want to inform you about an important update scheduled for the coming weeks. This update will require all users to reset their security questions and answers. When implemented, you will see a prompt to reset your security questions the next time you log in. Your existing account information and data will remain intact; only the security questions and answers will be reset. This update enhances account protection and prevents unauthorized access ensuring your information stays secure.

Note: If you’ve forgotten your password, please contact crossbordersupport@corpay.com for assistance.

Learn about this feature → Setting or changing your challenge questions.

Beneficiary Contact Information

To comply with Fintrac and other regulatory requirements, PO Box addresses and similar variations are now restricted in the address fields when creating or editing beneficiary information through the Beneficiary Templates, File Upload, and API on both Corpay Cross-Border and Connections platforms. If a PO Box address is entered, a validation message will appear. This restriction currently applies to Australia, Canada, and Mexico. This update ensures that a complete physical address is provided, as required by regulatory standards.

Learn how to use this feature → Creating a new beneficiary.

Outgoing Swift MT103 Message

To comply with regulatory requirements, Field 53 (A, B, or D): Sender’s Correspondent information will now be masked in all outgoing MT103 messages in Corpay Cross-Border. This change will be automatically applied to all outgoing MT103 messages in Reports, SWIFT confirmations, and PDF exports.The field will display << HIDDEN >> instead of the actual account details. This update prevents unauthorized access to account information.

Learn how to use this feature → Tracking payments.

Audit Logs: Detailed User Activity History

Introducing our latest feature, Audit Logs, designed to provide a detailed history of user activities within Corpay Cross-Border.

You can now view a detailed history of activities performed by users associated with your client code across Payments, Beneficiaries, Remitters, and User modules. Additionally, you can also generate and export the audit log reports in CSV format.

Audit Logs enable your organization to investigate discrepancies, resolve disputes, and maintain transparency and accountability in financial operations.

To access Audit Logs, go to the Admin menu and select User Audit Logs. Note:Only users with Admin privileges can access the Admin menu.

Learn how to use this feature → Audit Logs.