There is no end to what all human beings can do, but at the same time, there is little we do better than growing on a consistent basis. This progressive approach, on our part, has already got the world to hit upon some huge milestones, with technology appearing as a major member of the stated group. The reason why technology enjoys such an esteemed stature among people is, by and large, predicated upon its skill-set, which took us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we dig a little deeper, it should become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component, in fact, did a lot to give the creation a spectrum-wide presence, and consequentially, kickstart a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has turned increasingly evident over the recent past, and assuming a new fintech development shakes out just like we envision, it will only make that trend bigger and better moving forward.
Astra, a leading provider of infrastructure for faster payments, has officially signed off on a partnership with Fortress Trust to make web3 payments experience more secure, while simultaneously empowering it to thrive in real-time. Under the stated partnership, the companies will let developers bank upon Astra’s experience in faster payments and Fortress’s knowhow of Web3 finance for adding a complete fiat-to-crypto payment flow to their software through a single integrated API. But what’s the main incentive behind adding such a payment flow? Well, for starters, it will allow organizations to go ahead and put multiple payment mediums on the offer. The available mediums are expected to include a wide range spanning from Visa Direct to accelerated ACH, with plenty of other options in between. Anyway, moving on, the partnership is further geared towards helping companies absorb both Web3 and instant transfer settlement into their existing infrastructure, and they will have a chance of doing so without capital commitments, pre-funding credit facilities, or complicated technical integrations. Like you can guess by now, the promised arrangement will hand the user a greater control over every transaction, and in case that’s not enough, it will also ensure better security and scalability for your business.
“By partnering with Gil and the team at Astra, we can continue to work to create a platform that will revolutionize the payment landscape,” said Scott Purcell, Founder and CEO of Fortress Trust. “Our collaboration will combine the best of both worlds and offer users a seamless and secure payment solution that meets the demands of the digital economy and the Web3 platforms building toward its future.”
Founded in 2016, Astra’s rise to prominence stems from its ability to facilitate faster payments for fintech products, financial institutions, and enterprises. Talk about how it managed this sense of efficiency across all transactions, the company leveraged a proprietary API, which is basically designed to offer instant payments and accelerated bank transfers, all with built-in optimizations so to neutralize the risk in play.
As for Fortress Trust, founded in 2021, the company has quickly solidified its stature when it comes to providing Web3 financial, regulatory and technology infrastructure to blockchain innovators. Currently, Fortress offers you back-end infrastructure layer for payments, asset tokenization, regulated custody, compliance, and more services that simplify the process of launching and scaling new products. The company’s excellence in delivering these products can also be inferred from the fact that it has already secured several Fortune 500 companies as its clients.
“Together, Astra and Fortress are committed to simplifying and accelerating payments for the broader fintech ecosystem, and this partnership is a significant step towards achieving that goal,” said Gil Akos, CEO of Astra. “We are excited to collaborate with such an innovative provider of regulatory infrastructure for blockchain, and look forward to offering our shared customers a truly unique payment experience.”
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