RocketFuel Payment Solutions CEO Peter Jensen joins Natalie Stoberman from the Proactive studios to share how the company is evolving business-to-business (B2B) cross-border payments through the use of modern blockchain technologies.
Jensen says by leveraging stablecoins and blockchain to eliminate volatility, RocketFuel efficiently moves large sums of money from one country to another while avoiding delays and compliance-related issues with traditional banking systems. He adds that RocketFuel is committed to maintaining compliance standards without compromising efficiency. The company employs anti-money laundering and processes like KYC and KYT similar to those used by banks.
With a more nimble approach, Jensen also shares how RocketFuel rejects non-compliant customers, streamlining the payment process and reducing delays.