Synovus has launched its newest initiative, Accelerate 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.