While banking has evolved dramatically in the digital age, financial institutions have lagged when it comes to improving processes for cross border payments. Fortunately, Toronto-based fintech Buckzy Payments Inc. announces today its financial network solution, enabling banks to offer real-time cross-border payments capabilities to their customers.
"We can make domestic payments from our smart-phones, but until now, to make international payments, there have been challenges within the customer experience, visibility on transfer status, and immediate availability of funds to the recipient," said Abdul Naushad, CEO of Buckzy. "Financial institutions now have an opportunity to work with alternative solutions providers like Buckzy to address these pain points by integrating advanced payment solutions into their existing platforms, supporting their target of modernization, and thus moving them into the next digital era of the future of payments."