#fintech--VoPay, a leading provider of embedded payment technology, today announced the launch of its Digital Transaction and Cash Management Banking Platform, TXB. VoPay’s TXB platform is a turnkey...
VANCOUVER, British Columbia: #fintech--VoPay, a leading provider of embedded payment technology, today announced the launch of its Digital Transaction and Cash Management Banking Platform, TXB. VoPay’s TXB platform is a turnkey solution designed to help banks and credit unions launch API-first transaction banking and cash management services.
In the rapidly evolving landscape of transaction banking, businesses demand solutions that are efficient, agile, and adaptable to their unique needs. TXB's approach streamlines and automates corporate treasury operations, providing businesses with enhanced control and flexibility over their financial management.
TXB enables financial institutions across North America to roll out a suite of API-first solutions supporting virtual accounts, multi-layer ledger management, multi-currency cash management, process automation across various payment rails, and real-time visibility and centralization of cash.
Key Features of VoPay TXB:
Advanced Cash Management
TXB offers real-time liquidity management, automating key treasury functions for enhanced efficiency. The multi-currency cash management features include virtual accounts, ledger management, and transaction reporting, providing improved visibility and control.
Fintech-as-a-Service (FaaS)
TXB integrates business banking capabilities directly into products, expanding financial service offerings to drive growth and deepen customer relationships. Real-time account ledger tracking ensures visibility into transactions affecting account balances.
“We are thrilled to unveil TXB, the latest evolution of the VoPay platform. This launch is a direct response to the evolving needs of businesses as we continually strive to anticipate and address the next frontier in business solutions, empowering organizations to scale and operate with greater efficiency,” said Hamed Arbabi, Founder & CEO at VoPay. “I am immensely proud of the innovative spirit exhibited by our team and the unparalleled uniqueness of this product. With unwavering support from our partners and customers, TXB is poised to elevate VoPay to new heights on a global scale.”
TXB will be available for existing VoPay customers starting July 1st. For more information about VoPay’s TXB platform and its features, meet with an API specialist or solution designer to get connected.
About VoPay
At the core of VoPay's offering is a multi-tenancy architecture, seamlessly integrated with a comprehensive payment engine and financial services solutions, epitomizing the concept of Fintech-as-a-Service. For software enterprises seeking to accelerate growth, expedite time to market, reduce operational costs, and enhance efficiency within their core platform, VoPay provides an embedded payment solution.
Discover VoPay’s intelligent and secure payment technology at https://vopay.com
Fonte: Business Wire
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