During his participation at the 24Fintech conference, Rohit Bammi, Global Head of Institutional Business at Nium, discussed the innovations and solutions the company offers in real-time cross-border payments.
Nium specializes in providing digital payment solutions that enable banks and financial institutions to send and receive money instantly and efficiently worldwide. The company was founded to deliver a global payments infrastructure that allows businesses to conduct financial transactions easily and securely.
Nium’s payment network supports over 100 currencies and spans 220 countries, including 100 countries where payments are processed in real time. This network lets customers send funds to bank accounts, digital wallets, and cards.
The company also excels in card issuance services, which are rapidly expanding and are currently available in 34 countries. Additionally, Nium holds regulatory licenses in more than 40 countries globally, enabling the company to offer fast and compliant financial services in line with local regulations.
During the interview, Bammi highlighted that Nium helps financial institutions improve their customer experience by offering cheaper and faster payments, with 80% of transactions processed and delivered to beneficiaries’ accounts within just 15 minutes.
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