What is Smart AI-based cross-border payment orchestration?
Financial Institutions need to be able to quickly send and receive payments in different currencies, and they need to do so securely, and at a low cost.
What is AI-based cross-border payment orchestration?
Orchestration is the process of automating the management and execution of payment routing decisions across multiple rails, networks, exchanges and/or partners. AI-based orchestration takes this one step further by using machine learning and artificial intelligence (AI) to optimise these processes by speed, cost, and reliability.
By taking into account a wide range of variables, DANIEL's proprietary algorithm can make decisions across different payment rails, exchanges, on and off-ramps, and networks. Additionally, this software is configurable to be adaptable to various pricing models with variations such as surge pricing.
The benefits of orchestration.
Perhaps the most obvious benefit is that it saves time and money, by instantaneously navigating and optimising the myriad of variables associated with cross-border payment rails. Moreover, orchestration can help to improve accuracy and compliance with regulations. Another key benefit of orchestration is that it makes payments more efficient.
Reducing the effort and cost of integrating into emerging rails systems can be a challenge. However, with DANIEL's proprietary algorithm, it can be done efficiently and effectively. This capability enables you to determine the best route for a payment based on your defined requirements and configurations.
DANIEL's AI-orchestration enables cross-border payments to become a simple service. With our algorithm supporting your decision-making, you can deliver the best outcome for your customers.
What's next?
With orchestration becoming more and more important in the payments landscape, there is a clear need for solutions that can accurately and efficiently manage cross-border payments. DANIEL's proprietary algorithm provides a unique solution to this challenge, and we believe it will play a key role in the future of global payments, making it easy for your business to take advantage of the best payment rails available.
Contact us today to learn more about how our technology can help you streamline your cross-border payments.
