The collaboration aims to allow fintechs, payment service providers, and financial institutions using the Fireblocks Network to access regulated on/off-ramp and settlement infrastructure across GCC currencies through a single counterparty
The transition modernises Bayer’s global payment infrastructure and enhances secure, standardised financial messaging across its international operations
Circle Payments Network Managed Payments will allow clients to interact entirely in fiat with Circle managing the digital asset aspect, including the minting and burning of USDC, payment orchestration, compliance controls, and infrastructure
With the financial backing from Accel-KKR, AccessPay says that it is positioned to meet increasing demand from enterprise organisations, where the ability to deliver services reliably at scale is essential
The firm says that by obtaining an AFSL, it will be able to expand its payments offering in Australia to financial institutions seeking an efficient way to move value cross-border within a regulated framework
The collaboration intends to extend Stable Sea’s payout and settlement capabilities and address the reliance of cross-border payments on legacy infrastructure, along with its subsequent challenges
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