SAN FRANCISCO, Calif., Nov. 25, 2019 – Veem, the global payments network built for business, was recognized last week at the Benzinga Global Fintech Awards for its contribution to the blockchain community.
Since 2014, Veem has been using blockchain technology to make payments faster, safer and easier for businesses of every size. As a core component of Veem’s service offering, blockchain has positioned the company at the cutting-edge of financial services.
Multi-rail technology, developed by Veem, has revolutionized the way global payments are facilitated. Veem’s groundbreaking approach to payments merges the best of traditional finance systems with the flexibility and speed that emerging technologies offer.
Businesses on the Veem network benefit from faster processing speeds, cost-effective transactions and increased security.
“We are proud to be recognized for the value we have brought to the blockchain community. Veem is laser-focused on offering the most cutting-edge financial technology available to users on our network. Veem is driving the evolution of third-generation payments, creating a frictionless experience without opaqueness, roadblocks or hidden fees,” said Marwan Forzley, Chief Executive Officer, “Enabled by blockchain, we will continue to empower businesses of every size through simple, secure and transparent payments.”
About Veem
Trusted by more than 700,000 businesses in over 100 countries, Veem is the market leader in automating accounts payables and receivables for businesses. Started with the intention of making business payments as simple as sending an email, Veem has revolutionized the way businesses pay and get paid around the world by empowering business owners, accountants, and finance professionals to take control of their payment processes. Veem levels the playing field by providing enterprise-level payment tools to small businesses. Designed with data security and privacy in mind, Veem adheres to strict compliance, privacy and data protection practices and holds all required federal and state licenses.
