NEWS
Lirium expands its footprint across Latin America with asset access to Mexican FinTech
Lirium , a leading licensed provider of B2B2C digital asset access solutions , has started providing digital currency access and settlement services for Mexican digital wallet Albit , reaching more than 2 million customers .
Its white-label solution will give Albit ’ s account holders quick and easy access to a variety of cryptocurrencies . Albit is one of Lirium ’ s first clients in Mexico – a country with significant potential for the adoption of alternative payment methods and alternative digital asset investment .
Lirium first launched its turnkey digital assets access solution directed at traditional financial institutions and FinTechs in Argentina in 2021 . Its clients in Argentina include Grupo Financiero Galicia , Brubank and Prex .
Federico Murrone , Lirium Founder and CEO , said : “ We are extremely pleased to partner with Albit , to provide its clients with easy and convenient access to our Crypto-as-a-Service regulated and compliant platform . Latin America is ready for mainstream cryptocurrency adoption and Lirium provides simple , fast and safe channels to support the next wave of adoption by a broader demographic .”
The company provides bank-level oversight of digital asset transactions , including license controls , stringent risk management and security , with fund safeguarding , data protection and fraud prevention as priorities .
Volante Technologies and Finextra ’ s report reveals MEA aims for payments modernisation
mandates at the national and cross-border infrastructure level and the drive towards instant , real-time payments .
Volante Technologies , a global leader in cloud payments and financial messaging , has announced that banks and FinTech firms in the Middle East and Africa ( MEA ) are planning more investment in payments modernisation over the next two years than any other region in the world .
Data from Finextra ’ s Payments Modernisation : The Big Survey 2022 , in collaboration with Volante , indicates that the beginning of 2022 was been a busy period for payments modernisation , propelled by
The survey elicited the highest proportion of responses ( 22.3 %) confirming modernisation plans in a one-to-two-year timeframe from MEA , compared with the rest of the world . Although COVID-19 put several projects on hold at the start of 2021 , planning for payments modernisation was well underway at that stage and led to this flurry of activity in 2022 .
Vijay Oddiraju , CEO at Volante Technologies , said : “ Our discussions with MEA financial institutions clearly show that there is now a race towards becoming real-time 24 / 7 in the MEA payments space and the future is taking payments into the cloud . We are committed to investing our time and resources in MEA , working as trusted partners to banks in the region to ensure they are ready with the right payments modernisation technology .” www . intelligentfin . tech
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