Fable Fintech & iPiD partner to facilitate global instant and secure payments

By Gloria Mathias

Fable Fintech & iPiD have announced a strategic partnership at Global Fintech Fest, Mumbai. The collaboration between iPiD and Fable Fintech comes at a pivotal moment, promising to address the demand for secure and efficient payments.

This partnership will further expand Fable Fintech’s reach, allowing its users additional benefits of payee verification when sending instant payments globally to India, Indonesia, Nepal, Nigeria, Pakistan, USA, Vietnam, China, South Korea, Bangladesh and more.

With this integration, customers are assured that their payments are executed with precision and security, minimizing the risk of fraud and ensuring seamless transactions. iPid thus ensures for its customers a greater control over their financial activities, making it easier and safer to manage finances across borders.

Naushad Contractor, CEO of Fable Fintech, said, “Fable Fintech is a leading cross-border payment Infrastructure globally. Our partnership with iPiD helps to enhance this infrastructure. On the other side, Banks and other entities who benefit from iPiD would get access to world-class tech to either introduce efficiency or replace their legacy platforms. The symbiotic nature of this partnership is extremely exciting for Fable Fintech.”

Alain Raes, Founding Partner and Chief Commercial Officer of iPiD noted, “We are thrilled to announce our partnership with Fable Fintech. The combination of the iPiD account validation platform and the end-to-end cross-border payment solutions of Fable Fintech will allow financial institutions, SMEs and large-scale organizations to process payments with a much higher level of certainty and mitigate therefore the risk of fraud and rejection. We are looking forward to a very successful combination of values for our clients.”

iPiD is a fast-growing, venture-backed FinTech start-up. iPiD’s vision is to make cross-border payments easy, secure, and seamless.

Fable Fintech is a global banking infrastructure company offering technology-powered platforms for cross-border, corporate, trade, and FX transactions. Since its inception in 2015, Fable Fintech has worked alongside banks, non-bank financial institutions, money services businesses, money transfer operators, and business corporates offering them payment technology.