Nium and Borderless AI Partner for Cross-Border Payments for EOR
By: Tareq Sikder
- Nium’s Borderless AI platform is used to facilitate global financial management in over 190 countries.
- Borderless AI announced the appointment of Chief Product Officer and Chief Payments Officer in this partnership.
Borderless AI is an Employer of Record (EOR) service provider. Today (Wednesday), the provider announced a strategic partnership between Nium, a real-time cross-border payments service provider, with the aim of developing cross-border payments in the EOR industry. This collaboration is an example of global advances in efficiency, transparency and speed. Employment and Payroll Solutions
Integrating technology into operations
The traditional EOR process is often delayed. Inefficiency in cross-border payments leads to administrative costs, bottlenecks and hindered business operations. Nium has integrated its systems to create a seamless experience. Borderless AI technology can streamline operations and offer faster, more efficient services. Secure and efficient payment solutions. They enable businesses to optimize their payment processes. Compensate seamlessly while navigating international complexity. Manage remote teams and employees more effectively.
Prajit Nanu is CEO and Co-Founder of Nium. Source: LinkedIn
Borderless AI is helping to transform employers We are proud to be part of the record industry’s journey,” said Prajit Nanu, CEO and Co-Founder of Nium. “By integrating our real-time cross-border payment solutions using Borderless AI EOR, we are enabling businesses to overcome geographical barriers and unleash their potential through our expertise. ”New growth opportunities”
Nium’s global network and payment infrastructure enables seamless cross-border money transfers, bypassing middlemen. Borderless AI’s access to the Nium platform can quickly transfer money to customers and simplifies the management of payroll and tax statements. Over 190 countries have financial obligations and expenses.
Organizations like Affiniti Finance and MG2 Corporation are collaborating to offer faster and more cost-effective servicesCross-border payments Access to over 190 countries worldwide and 100 markets, funds are available in real time. In addition, this partnership is a global help for Scalability By playing by the rules, you can operate compliantly. Respect local regulations and ensure robust security measures
The Industry Collaboration: Key Leadership Changes
Willson Cross, CEO, Borderless AI. Source: LinkedIn
As part of its partnership, Borderless AI is pleased to announce: Rajesh Vekatesh has been appointed Chief Payments Officer and Umesh Maini has been appointed Chief Product Officer. Venkatesh has 15 years of experience in product development. As Chief Product Officer of Nium, I have held leadership roles at PayPal and eBay. Maini, former Chief Product Officer of Buckzy, brings Western experience to Buckzy Union and TD Bank, both of which operate in the payments sector.
“Our collaboration is a significant step forward for Nium. Our company has a unique value proposition and offers multi-country payroll. Willson Cross, CEO of Borderless AI. By leveraging Nium’s innovative technologies, companies can efficiently handle their finances. “Global workforce with timely and secure cross-border payments.”
Forex technical analyst and financial writer with 12 years of experience.
