Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE:FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce they have been selected by the Australian Livestock Exporters’ Council (“ALEC”), the peak industry body representing Australia’s livestock export sector, as an endorsed provider of foreign currency exchange and international payments solutions for ALEC members across Australia.
Through this partnership, ALEC’s members and their respective companies, who qualify, will be able to gain access to and utilise Cambridge’s innovative solutions to help mitigate foreign exchange exposure for their day-to-day business needs in order to help them meet their stated financial goals. Additionally, Cambridge’s award-winning trading platform will enable ALEC’s qualified members to manage their global payments from a single point of access.
“Cambridge is honored to become an endorsed partner for ALEC, the highly regarded industry body responsible for setting industry policy, providing strategic direction and representing Australia’s livestock export trade both nationally and across the globe. I am confident that ALEC members will benefit from access to our innovative cross-border payments and currency hedging solutions,” said Mark Frey, President, Cambridge Global Payments. “Our team in Australia looks forward to sharing our experience gained within the livestock sector and helping ALEC members achieve their global business growth objectives.”
“The Australian Livestock Exporters’ Council welcomes Cambridge as a valued partner for the live export industry. This partnership will benefit our members and assist in profiling the importance of food security that the live export industry provides to our global partners,” said David Galvin, ALEC Chair. “Cambridge has a history of delivering innovative solutions designed to mitigate foreign exchange exposure and address unique business needs. Their award-winning capabilities and industry-leading technologies will assist our members simplify the way their businesses connect with the global marketplace.”