Integration of trading and payments platform to expand access to Bitcoin and other cryptocurrency services
ALT 5 Sigma Inc., a global fintech that provides next generation blockchain technologies for digital asset and trading platforms, announced it has formed a strategic partnership with Transcard, a leading provider of payments and technology solutions, to offer its digital assets trading and payment services solution to Transcard’s clients.
Through the partnership, Alt 5 Sigma’s platform will provide a turnkey solution to financial institutions and businesses using Transcard’s payment solutions including liquidity, banking, and payments via Alt 5 Pay, a complete Transcard clients will be able to access a full range of digital assets and buy or sell Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and other digital coins.
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Transcard’s platform enables businesses of any size to make or receive payments of any type (including ACH, RTP and cross-border payments), using any payment rails (including real-time payment rails), and from any originating bank account. Transcard’s solutions integrate directly with any legacy accounting system or ERP application for frictionless payments and reconciliation.
“We are excited to expand our product offering through Transcard’s payment platform, which will significantly increase access to digital assets among financial institutions,” said Richard Groome, Alt 5 Sigma’s Executive Chairman.
The launch of this partnership represents the next phase in ALT 5 Sigma’s mission to democratize access to cryptocurrencies for today’s financial institutions. The platform is modernizing the way that businesses and consumers access digital assets and get paid by bringing together an omni-channel trading platform, digital workflows, Application Programming Interfaces (APIs) integration, and payment services,” said Groome.
“We are very pleased to be partnering with ALT 5 Sigma to provide clients with a complete digital asset solution,” said Transcard President Chris Fuller. “Few exchanges are able to do what ALT 5 Sigma can do, which is to offer a seamless way to integrate a cryptocurrency solution quickly, and in a way that is safe and secure. We’re thrilled to partner with ALT 5 Sigma, which will enable us to fulfill increasing demand for digital assets and the growing cryptocurrency market.”
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