FEATURE : DIGITAL TRANSFORMATION
FINTECH-TO-FINTECH COLLABORATIONS LIKE THAT OF OPAL AND CURRENCYCLOUD CAN HELP BUSINESSES TO LEAPFROG TECHNOLOGY AND QUICKLY BENEFIT FROM B2B BANKING AND PAYMENT SOLUTIONS , TO ADDRESS THE GAPS LEFT BY TRADITIONAL BANKING SERVICES .
“ Both OPAL and Currencycloud prioritise leveraging innovative technology to transform the financial landscape for SMBs . Unlike traditional banks , Currencycloud offers transparent pricing , which gives our customers a clear understanding of the costs associated with their transactions . What ’ s more , its platform is flexible , scalable and integrates seamlessly with ours to enable a smooth and efficient user experience . Overall , it made us more accessible , transparent and efficient ,” Appel said .
OPAL ’ s choice of Currencycloud ’ s API-driven payment solutions allows for rapid innovation and deployment of new features . Once fully integrated , OPAL can add Currencycloud ’ s technology to multiple aspects of its services , including payment instructions and FX conversions for seamless cross-border transactions and access to real-time exchange rates .
The implementation was planned for the progressive phasing in of new services and the experience for the initial phase was smooth . Currencycloud provided endto-end dedicated support for the seamless integration of Currencycloud ’ s comprehensive suite of APIs onto the OPAL platform to kick-start initial services like account creation and collection . These have since gone live and new features like payment and foreign currency exchange are currently in the works .
“ Throughout the first couple of months , Currencycloud worked with the OPAL team to ensure key timelines of the project were met . This allowed OPAL to progressively launch features on its platform according to its timelines , ensuring maximum customer satisfaction ,” said Rohit Narang , Managing Director , APAC , Currencycloud .
With Currencycloud onboard , OPAL successfully launched the first set of its Global Digital Business
54 INTELLIGENTCIO APAC www . intelligentcio . com