FX business Travelex has a new B2B platform.
The company is opening up its technology for business to use for foreign exchange and payments.
Travelex Business uses APIs to enable its tech to be used by other organisations.
Business customers will therefore offer Travelex services on their own platforms.
What does this mean?
With payments and banking opening up to collaboration, it’s foreign exchange’s turn now. The company is using a cloud-based platform made possible by its ongoing move to cloud infrastructure.