Fable Fintech focuses on state-owned banks

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A global banking infrastructure company called Fable Fintech is in discussions with PSU banks to help them offer payment services to their customers.

Fable provides its technology platforms to large private sector banks and enables SaaS-powered platforms to conduct cross-border, corporate, trade, and FX transactions. In this fiscal year, the company aims to process 50 million international transactions worth USD 27 billion. The platform is capable of starting 30 to 40 transactions per second.

Also Read: Four Key Technologies Driving the Future of FinTech in Today’s Competitive Landscape

There are currently six use cases for cross-border payments supported by various technological platforms. In order to use its technology for the payment industry, the company is also in discussions with the top banks in the US, the EU, and South-East Asia.

Read More: Fable Fintech focuses on PSU banks for its forex transactions platform

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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