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

Why is LinkedIn the Go-To for B2B Advertising Success?

In an era where digital advertising is fiercely competitive, LinkedIn emerges as a leading platform for B2B marketing success due to its expansive user base and unparalleled targeting capabilities. With over a billion users, LinkedIn provides marketers with a unique avenue to reach decision-makers and generate high-quality leads. The platform allows for strategic communication with key industry figures, a crucial

Endpoint Threat Protection Market Set for Strong Growth by 2034

As cyber threats proliferate at an unprecedented pace, the Endpoint Threat Protection market emerges as a pivotal component in the global cybersecurity fortress. By the close of 2034, experts forecast a monumental rise in the market’s valuation to approximately US$ 38 billion, up from an estimated US$ 17.42 billion. This analysis illuminates the underlying forces propelling this growth, evaluates economic

How Will ICP’s Solana Integration Transform DeFi and Web3?

The collaboration between the Internet Computer Protocol (ICP) and Solana is poised to redefine the landscape of decentralized finance (DeFi) and Web3. Announced by the DFINITY Foundation, this integration marks a pivotal step in advancing cross-chain interoperability. It follows the footsteps of previous successful integrations with Bitcoin and Ethereum, setting new standards in transactional speed, security, and user experience. Through

Embedded Finance Ecosystem – A Review

In the dynamic landscape of fintech, a remarkable shift is underway. Embedded finance is taking the stage as a transformative force, marking a significant departure from traditional financial paradigms. This evolution allows financial services such as payments, credit, and insurance to seamlessly integrate into non-financial platforms, unlocking new avenues for service delivery and consumer interaction. This review delves into the

Certificial Launches Innovative Vendor Management Program

In an era where real-time data is paramount, Certificial has unveiled its groundbreaking Vendor Management Partner Program. This initiative seeks to transform the cumbersome and often error-prone process of insurance data sharing and verification. As a leader in the Certificate of Insurance (COI) arena, Certificial’s Smart COI Network™ has become a pivotal tool for industries relying on timely insurance verification.