Cybrid Expands FinTech API Platform with B2B Payment Capabilities for Modern Businesses

Cybrid, a leading embedded finance provider, has announced the expansion of its FinTech API platform to include business-to-business (B2B) payment capabilities. This latest enhancement brings a range of advanced features tailored to meet the sophisticated needs of modern businesses.

Highlights of the Enhanced Platform

Cybrid’s platform now offers an array of comprehensive financial services, including KYC identity verification processes, money transmission via wire and ACH transfers, and virtual FBO accounts for USD connected to digital wallets with integrated crypto on-ramps and off-ramps. These features provide businesses with a holistic solution for their financial needs.

Comprehensive Range of Financial Services

With Cybrid’s expanded platform, businesses can benefit from efficient Know Your Customer (KYC) identity verification processes, ensuring compliance and security in their transactions. Additionally, the platform supports money transmission via wire and ACH transfers, enabling quick and secure movement of funds. The integration of virtual For Benefit Of (FBO) accounts for USD, connected to digital wallets with integrated crypto on-ramps and off-ramps, offers businesses increased flexibility and accessibility in managing their finances.

Integration of B2B Payment Capabilities with KYB Process

In addition to the B2B payment capabilities, Cybrid has implemented a seamless Know Your Business (KYB) process. This process aids in the smooth onboarding of business customers and supports both fiat and cryptocurrency transactions. The KYB process ensures enhanced security and compliance, while facilitating hassle-free transactions.

Advantages of the New B2B Payment Capabilities

The addition of B2B payment capabilities brings numerous advantages to businesses. Real-time transactions with fast confirmations enable businesses to enjoy near-instant payment processing, providing them with rapid access to funds and improved liquidity management. Moreover, the platform offers higher transaction limits specifically tailored to accommodate large-sum payments, reducing the complexities often associated with high-value transactions.

Streamlined Record-Keeping through Rich Remittance Data

Cybrid’s platform offers rich remittance data, streamlining record-keeping for businesses. This feature enables businesses to reconcile transactions efficiently, reducing their reliance on paperwork. By digitizing and centralizing transaction data, businesses can enhance their financial record-keeping and simplify auditing processes.

Seamless Crypto Onramp/Offramp for USDC and BTC

One of the standout features of Cybrid’s expanded platform is its seamless crypto onramp/offramp for USD Coin (USDC) and Bitcoin (BTC). This integration provides businesses with a convenient and user-friendly way to send and receive cryptocurrency payments. Additionally, this feature aligns with the growing global trend towards digital currencies, allowing businesses to stay at the forefront of technological advancements in the financial industry.

Cybrid’s Position in Financial Technology Innovation

By expanding its FinTech API platform, Cybrid solidifies its position at the forefront of financial technology innovation. Through continuous development of advanced features and solutions, Cybrid empowers businesses to thrive in an ever-evolving digital landscape. Their commitment to innovation drives them to provide cutting-edge financial services and adapt to emerging market trends.

Cybrid’s expansion of its FinTech API platform with B2B payment capabilities marks a significant step forward in empowering modern businesses. The comprehensive range of financial services, integration of KYB processes, and advantages such as real-time transactions and higher transaction limits all contribute to improved financial management for businesses. Additionally, the seamless integration of cryptocurrency payments aligns with the global shift towards digital currencies. Cybrid’s commitment to innovation ensures that they remain a trusted partner for businesses seeking advanced financial solutions in the ever-changing landscape of financial technology.

Explore more

Can Employers Be Liable for Workplace Violence?

What happens when a routine day at work turns into a scene of chaos? In today’s rapidly evolving work environments, tensions can occasionally escalate, leading to unforeseen violent incidents. With reports of workplace violence on the rise globally, employers and employees alike grapple with the pressing question of responsibility and liability. Understanding the Surge in Workplace Violence Workplace violence is

Exposed Git Repositories: A Growing Cybersecurity Threat

The Forgotten Vaults of Cyberspace In an era where digital transformation accelerates at an unprecedented pace, Git repositories often become overlooked conduits for sensitive data exposure. Software developers rely heavily on these tools for seamless version control and collaborative coding, yet they unwittingly open new avenues for cyber adversaries. With nearly half of an organization’s sensitive information found residing within

Synthetic Data Utilization – Review

In a rapidly digitizing world, securing vast amounts of real-world data for training sophisticated AI models poses daunting challenges, especially with strict privacy regulations shaping data landscapes. Enter synthetic data—an innovative tool breaking new ground in the realm of machine learning and data science by offering a simulation of real datasets. With its ability to address privacy concerns, enhance data

Debunking Common Networking Myths for Better Connectivity

Dominic Jainy is known for his depth of understanding in artificial intelligence, machine learning, and blockchain technologies. His extensive experience has equipped him with a keen eye for identifying and debunking myths that circulate within the realms of technology and networking. In this interview, Dominic shares his insights on some of the common misconceptions about networking, touching upon signal bars,

American Airlines and Mastercard Enhance Loyalty Program

Nikolai Braiden, a seasoned expert in financial technology, is a trailblazer in the use of blockchain and has been instrumental in advising numerous startups on leveraging technology to foster innovation. Today, we explore his insights on the extended partnership between American Airlines and Mastercard, a collaboration poised to revolutionize travel and payment experiences. Can you explain the key reasons behind