FinTech Magazine - August 2022 | Page 63

activities . Real-time Treasury Management , along with API-driven offerings , can grab incoming and outgoing payments and data , then report results in real-time , prior to batch processing .”
Crypto and CBDC reshaping the corporate payments space Chris Harmse is the co-founder and VP of Revenue for BVNK , the London-based crypto-powered payments and banking platform for businesses . He says that using crypto rails – and stablecoins in particular
– as a basis for international payments addresses all of these pain points and allows businesses to send funds instantly to anyone , anywhere in the world , and without needing chains of intermediaries to facilitate the transaction .
“ The cryptocurrency market is under pressure at the moment , but we shouldn ’ t let that distract us from the innovation that ’ s taking place in the sector and what that means for the future shape of financial services . At the moment when you buy something online , the transaction doesn ’ t happen on the internet
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