• Armenotech and Tempo France have partnered to create a new payment system on the Stellar blockchain.
• Advanced Payment Solutions has also joined the alliance, aiming to bridge the gap between traditional finance and digital finance while increasing speed and transparency and reducing cost.
• The three companies are now able to offer unique products that allow clients to transfer their traditional currency into digital assets.
Partnership Between Armenotech & Tempo France
Cyprus-based fintech firm, Armenotech, and payment company, Tempo France have allied together to develop an ecosystem that is supported by the Stellar blockchain. At the beginning of this year, they became partners with the goal of providing their clients with efficient services that span through transactions, Know-Your Customers (KYC), Anti-Money Laundering (AML), fraud monitoring, Customer Relationship Management (CRM) as well as customer loyalty programs.
Advanced Payment Solutions Joins Alliance
London-based financial technology company Advanced Payment Solutions (APS) has now joined the alliance in order for them to achieve strategic goals which include bridging the gap between traditional finance and digital finance while increasing speed and transparency, as well as reducing costs. With APS’s participation in this project, they are now able to offer unique products that allow clients to transfer their traditional currency into digital assets.
Goal of Partnership
Together, Armenotech and Tempo France plan on introducing a new payment system which will be resident on the Stellar Network. Their main goal is to provide their clients with efficient service that spans through multiple different areas such as transactions, KYC/AML compliance and customer loyalty programs. Additionally they hope that this new payment system will help bridge the gap between traditional finance and digital finance while increasing speed and transparency at a lower cost than before.
Benefits For Clients
The partnership between these three companies means that customers will benefit from having access to new products which make it easier for them to transfer their traditional currency into digital assets quickly and securely. This makes it much easier for customers who want access both types of currencies without having any of their data or money compromised during transfers or transactions.
In conclusion, Armenotech’s partnership with Tempo France along with Advanced Payment Solutions‘ recent inclusion in this project brings great promise for customers who wish to use both traditional currency as well as cryptocurrency in an easy yet secure way. The benefits behind this project are immense because it can help people access better services at a faster rate while still ensuring maximum security within all transactions involving money or data transfers concerning either type of currency mentioned above