Almond FinTech, a leading B2B provider in cross-border payments, has won CrossTech’s “2024 Crypto Payments Solution in the Cross-Border Industry,” earning this honor for the second consecutive year and reinforcing its role as an industry pioneer.

Left to right Almond Team (Howard Davidson, Adam Swartzbaugh, Darren Bruce, Hector Santiago)

Over the past year, Almond has made significant advancements to its proprietary Settlement Optimization Engine (SOE), enhancing its ability to remove barriers in global financial transactions. The SOE leverages crypto as a bridge currency, using advanced data aggregation to recommend the best possible currency exchange rate in real time, ensuring faster, more affordable, and transparent cross-border payments while reducing risk. Operating in 10 countries and supporting over 30 digital currencies, Almond continues to address critical financial challenges globally.

“Receiving this award is a testament to our team’s relentless commitment to pushing the boundaries of financial technology,” says Almond CEO and Co-Founder Adam Swartzbaugh. “We’ve always believed that true innovation comes from understanding our customers’ deepest needs and creating solutions that not only solve their current problems, but anticipate future challenges. This award validates our mission and the hard work we’ve put in each and every day.”

This recognition underscores Almond’s role as a thought leader in the industry, a position further highlighted by Swartzbaugh’s participation as a panelist at CrossTech for Business Payments: The New Revenue Stream for Remittance Companies. The session explored how remittance companies are evolving from P2P to B2B payments, driving ecosystem expansion, new revenue streams, and adaptation to the global financial landscape. Moderated by CrossTech CEO Hugo Cuevas-Mohr, the panel also featured Daniel De Michele (Remitly) and Mark Corritori (Mastercard).

“CrossTech is proud to honor Almond FinTech’s groundbreaking innovation in cross-border payments. Their use of crypto technology to enhance transparency, speed, and affordability is revolutionizing how businesses and individuals connect globally, creating a transformative impact on the cross-border payment landscape.” – Priscilla D’Oliveira, COO, CrossTech.

About CrossTech

The CrossTech Innovation Awards honor organizations and leaders transforming the cross-border payments industry through creative and groundbreaking solutions. Learn more about the awards at www.crosstechpayments.com.

About Almond FinTech
 
Almond is a B2B fintech company transforming cross-border payments by empowering financial institutions and their customers with the best possible rates and near-instant settlements across all corridors globally. With Almond technology, institutions can guarantee fast, affordable, and transparent cross-border transactions. Visit www.almondfintech.com  for more information.

 

 

 

This press release was originally published on this site

You May Also Like

New Episode Now Streaming on Alpha Liquid Podcast, How to Access Powerful AI Agent Tools With Eliza Systems

The latest episode of the Alpha Liquid Podcast, hosted by Matthew Mousa…

Immunefi Launches Audits: The Most Effective Audit Solution for Matching Projects with Elite Web3 Auditors with a Proven Track Record

Immunefi, the leading crowdsourced security platform for web3 protecting over $190 billion…

Boost Your Earnings: StakingFarm Introduces ETH Staking Services

StakingFarm is excited to announce the launch of its new ETH staking service, designed…

‘Where Wolf’: Leading the GameFi, NFTs, and Space-Themed Gaming Adventure

In a mist-shrouded space, a group of alpacas, one werewolf, and eight…

Bitrock: Next-Gen Crypto Powerhouse with Near-Zero Fees, Lightning-Fast Transactions, Unrivaled Security

Bitrock, the groundbreaking Ethereum IBFT 2.0 Proof of Authority (PoA) side chain,…

Reality-VR Launches a New Funding Platform to Revolutionize the Future of AI and Metaverse

Reality-VR has announced the launch of its cutting-edge web3 platform that provides funding…

STCWelt Hits Major Milestone: $1 Billion in Trades Processed in Record Time

STCWelt has achieved a groundbreaking milestone, surpassing $1 billion in trades processed…

Watsans Exchange Unveils All-in-One Mobile Super App to Redefine Global Trading Experience

Watsans Exchange announced the official launch of its mobile super app, a…

StandUp Ventures adds Meredith Powell to team, receives fresh funding to support growth

StandUp Ventures is a venture capital fund investing in pre-seed and seed stage…

Wemade onboards Game Developers from Canada, Singapore and Hong Kong for WEMIX PLAY

Onboarding various game genres for global blockchain gaming platform WEMIX PLAY such…