2024: A Transformative Year for XTRM’s Intelligent Payment Solutions

As 2024 comes to a close, it’s the perfect time to reflect on the milestones that have defined this year for XTRM. From innovative features enhancing security to tools streamlining global payment processes, XTRM has delivered on its promise to make payment management smarter, safer, and more efficient.

Advanced Approval Policies for Smarter Controls

One of the standout releases of 2024 was the introduction of Approval Policies. This feature empowers businesses to create custom workflows, ensuring every transaction aligns with their internal approval processes. By defining roles and permissions, businesses now have greater control over payment approvals, reducing risks and ensuring compliance at every step.

Account Limits to Enhance Financial Security

XTRM introduced Account Limits to offer businesses precise control over their financial operations. With the ability to set transaction caps and operational restrictions, companies can better manage their financial exposure while maintaining seamless operations. This feature has become an essential tool for businesses managing multiple transactions across various entities.

Persona ID Verification: Reinventing Compliance

With XTRM, verification is extremely easy and practically instant with Persona. In 2024, XTRM partnered with Persona to enhance its ID verification process. This integration streamlined user onboarding and ensured compliance with global Know Your Customer (KYC) standards. The Persona ID Verification feature not only protects businesses from fraudulent activities but also delivers a seamless and secure experience for payment recipients.

Elevating Global Payment Solutions

Beyond these major features, XTRM continued to refine its intelligent global payment platform with incremental updates, solidifying its position as a leader in the fintech space. Whether enabling seamless cross-border transfers or customizing user access, XTRM’s innovations this year catered to businesses seeking smarter, scalable solutions.

What’s Next for 2025?

While 2024 has been a banner year, XTRM is already gearing up for an even more impactful 2025. With a focus on automation, advanced reporting, Accounts Payable, Accounts Receivable, and further enhancing user experiences, the future looks bright for businesses partnering with XTRM.

Stay connected to discover how XTRM will continue to transform the way the world pays and gets paid. Learn more when you book a call with our sales team.