Reinventing Cross-Border Payments with Blockchain: Faster, Cheaper, and Radically Transparent
Eliminate the friction of correspondent banking.
Settle global transactions in seconds, not days, with our secure, compliant FinTech solutions.
The Age of Friction in Finance Is Over
For decades, the global financial system has relied on a patchwork of intermediaries, creating a slow, expensive, and opaque process for moving money across borders. It's time for a fundamental upgrade.
Traditional Systems (SWIFT)
- Slow Settlement: Transactions take 2-5 business days, trapping capital and increasing risk.
- High Costs: Multiple intermediary banks each take a cut, leading to fees of 3-7% or more.
- Opaque Process: Lack of real-time tracking creates uncertainty and complex reconciliation.
- High Error Rates: Manual processes and data entry lead to frequent failures and costly investigations.
- Liquidity Challenges: Requires pre-funded Nostro/Vostro accounts, tying up significant working capital globally.
Errna's Blockchain Solution
- Instant Settlement: Payments are cleared and settled in seconds, 24/7/365, freeing up capital.
- Drastically Lower Costs: Disintermediation can reduce transaction fees by up to 80%.
- Radical Transparency: A single, immutable ledger provides end-to-end visibility for all parties.
- Automated & Error-Free: Smart contracts automate workflows, eliminating manual errors and reconciliation overhead.
- Optimized Liquidity: On-demand liquidity and atomic swaps reduce the need for pre-funded accounts.
Why Partner with Errna for Your FinTech Transformation?
We don't just build blockchain applications; we engineer future-proof financial infrastructure. Our unique blend of deep technical expertise, regulatory acumen, and a 20-year history of enterprise delivery sets us apart.
Enterprise-Grade Security
Security isn't an afterthought; it's our foundation. We implement multi-layered security protocols, conduct rigorous penetration testing, and adhere to best practices like ISO 27001 and SOC 2 to protect your assets and data.
Regulatory & Compliance Mastery
Navigate the complex web of global financial regulations with confidence. We build solutions with KYC/AML, OFAC screening, and transaction monitoring baked in, ensuring your platform is compliant from day one.
Seamless Legacy Integration
Your existing systems are critical. Our experts specialize in creating robust APIs and middleware to ensure our blockchain solutions integrate flawlessly with your core banking, ERP, and payment processing platforms.
Proven ROI & Cost Reduction
We focus on delivering measurable business outcomes. Our solutions are designed to directly attack your biggest cost centers—transaction fees, manual reconciliation, and trapped capital—delivering a clear and compelling return on investment.
AI-Augmented Solutions
Leverage the power of AI for enhanced security and efficiency. We integrate machine learning models for advanced fraud detection, liquidity forecasting, and compliance risk scoring, making your system smarter and safer.
20+ Years of Enterprise Expertise
Since 2003, we've been delivering mission-critical software for global leaders. This deep experience in enterprise-level projects ensures we understand the complexities of scalability, reliability, and support you require.
CMMI Level 5 Process Maturity
Our CMMI Level 5 appraisal signifies the highest level of process optimization. This translates to predictable delivery schedules, higher quality code, and a disciplined approach that minimizes risk in complex FinTech projects.
Dedicated Expert Teams
You get more than just developers. You get a dedicated, cross-functional team of blockchain architects, FinTech analysts, security experts, and compliance specialists, all working in unison to ensure your project's success.
End-to-End Partnership
From initial strategy and feasibility studies to development, deployment, and ongoing 24/7 support, we are your long-term technology partner. We're invested in your success, not just the project delivery.
Our Cross-Border Payment Solutions
We offer a comprehensive suite of services to design, build, and deploy a bespoke blockchain-based payment solution tailored to your specific business needs.
Custom Blockchain Platform Development
We build the core infrastructure for your payment network, choosing the right blockchain (e.g., Stellar, Hyperledger Fabric, Corda) to meet your specific needs for speed, scalability, and privacy. This forms the backbone of your new, efficient payment rails.
- Develop private or consortium blockchains for controlled, enterprise-grade environments.
- Ensure high-throughput transaction processing to handle enterprise volume.
- Implement robust consensus mechanisms for network integrity and security.
Stablecoin Development & Integration
Eliminate the volatility of traditional cryptocurrencies. We help you create and integrate fiat-backed stablecoins (e.g., USD, EUR) to facilitate instant, low-cost value transfer on the blockchain, simplifying accounting and reducing FX risk.
- Create fully audited, 1:1 backed stablecoins for major fiat currencies.
- Integrate with banking partners for seamless minting and redemption processes.
- Ensure regulatory compliance for stablecoin issuance and management.
Smart Contract Development for Payment Automation
Automate complex payment logic and eliminate manual intervention. Our smart contracts can handle escrow services, automated FX conversions, scheduled payments, and multi-signature approvals, reducing errors and operational costs.
- Code secure, gas-optimized smart contracts in Solidity, Go, or other relevant languages.
- Conduct rigorous third-party audits to eliminate vulnerabilities.
- Automate compliance checks and reporting directly within the transaction flow.
Integrated KYC/AML Compliance Modules
Build a compliant network from the ground up. We integrate decentralized identity (DID) solutions and connect with leading KYC/AML data providers to automate onboarding and provide real-time transaction monitoring for suspicious activity.
- Integrate with Chainalysis, Elliptic, and other on-chain analytics tools.
- Implement automated sanctions screening against global watchlists.
- Generate comprehensive audit trails and reports for regulatory bodies.
And Much More...
Our capabilities cover the entire lifecycle of your FinTech solution.
- Digital Wallet Solutions: Secure, user-friendly custodial or non-custodial wallets for web and mobile.
- API & Middleware Development: Robust APIs for seamless integration with your existing applications and partners.
- FX Rate & Liquidity Management: Integration with forex APIs and liquidity providers for real-time, competitive exchange rates.
- Real-time Settlement Engine: The core component that enables atomic, peer-to-peer settlement in seconds.
- Cross-Chain Interoperability: Solutions to bridge your platform with other major blockchain networks.
- Security Audit & Penetration Testing: Comprehensive security assessments to protect against all threat vectors.
- Decentralized Identity (DID) Solutions: Empower users with control over their identity while streamlining KYC.
- On-Chain Analytics Dashboard: Real-time monitoring of network health, transaction volume, and liquidity.
- Tokenization of Assets: Represent real-world assets on the blockchain for collateralized payments.
- Governance Model Design: Structuring rules and voting mechanisms for consortium blockchains.
- 24/7 Network Monitoring & Support: Proactive support to ensure maximum uptime and performance.
Our Proven 5-Step Delivery Process
We combine agile methodology with our CMMI Level 5 certified processes to deliver complex FinTech solutions on time and on budget, ensuring transparency and collaboration at every stage.
1. Discovery & Strategy
We dive deep into your business model, regulatory requirements, and technical landscape to define a clear roadmap and ROI model.
2. Architecture & Design
Our solution architects design a secure, scalable, and compliant system architecture, complete with detailed technical specifications and UX/UI wireframes.
3. Agile Development & Testing
We build your platform in iterative sprints, with continuous testing and regular demos to ensure the solution is evolving perfectly to your needs.
4. Deployment & Integration
We manage the full deployment process and handle the complex integration with your existing legacy systems for a seamless transition.
5. Support & Optimization
Our partnership continues post-launch with 24/7 monitoring, support, and ongoing optimization to ensure your platform performs flawlessly.
Success Stories: Real-World Impact
We've helped businesses across the financial spectrum harness blockchain to revolutionize their operations. Explore how we deliver tangible results.
Money Transfer Operator Cuts Fees by 75%, Boosts Volume by 40%
Client: A mid-sized Money Transfer Operator (MTO) serving the Europe-to-Asia corridor.
Problem: The MTO was losing market share to FinTech startups due to high fees charged by correspondent banks and slow 3-5 day settlement times, which frustrated customers and tied up capital.
Key Challenges:
- High dependency on the costly SWIFT network.
- Inability to offer competitive FX rates.
- Significant working capital locked in pre-funded accounts.
- Lack of transparency in the payment process.
Our Solution:
Errna developed a payment solution on the Stellar blockchain, creating a custom stablecoin pegged to the Euro. We built secure digital wallets for senders and integrated with local payment providers in Asia for instant fiat off-ramping.
"Errna didn't just build us a platform; they transformed our business model. We're now faster and cheaper than our largest competitors, and our customers have never been happier."
- Maria Garcia, CFO, Global Remit Inc.
B2B eCommerce Platform Automates Reconciliation, Slashes FX Risk by 90%
Client: A global B2B marketplace for industrial parts with buyers and sellers in over 50 countries.
Problem: The platform struggled with complex multi-currency invoicing and reconciliation. FX volatility between invoice issuance and payment settlement was eroding their thin margins.
Key Challenges:
- Thousands of hours spent on manual payment reconciliation.
- Significant financial losses due to currency fluctuations.
- Delayed payments from international buyers.
- High wire transfer fees for both buyers and sellers.
Our Solution:
We implemented a private Hyperledger Fabric blockchain with multi-currency stablecoin support. Smart contracts automated the entire invoice-to-payment lifecycle, locking in FX rates at the time of transaction and settling instantly upon goods delivery confirmation.
"The blockchain solution from Errna has been a game-changer for our finance department. We've eliminated reconciliation headaches and can now offer our users stable, predictable pricing. It's a massive competitive advantage."
- David Chen, CEO, Parts-Global Marketplace
Regional Bank Reduces Nostro Accounts by 60%, Cuts Costs by 50%
Client: A forward-thinking regional bank facing stiff competition from digital-native financial institutions.
Problem: The bank's reliance on correspondent banking was expensive and inefficient, requiring them to maintain dozens of costly Nostro/Vostro accounts. They couldn't offer the instant, low-cost international transfers their customers were demanding.
Key Challenges:
- High operational overhead of managing correspondent relationships.
- Large amounts of capital tied up and unproductive.
- Inability to compete with FinTechs on speed and price.
- Compliance burdens associated with multiple intermediaries.
Our Solution:
Errna facilitated the creation of a banking consortium and built a permissioned blockchain using R3 Corda. This allowed member banks to transact directly with each other using tokenized fiat, settling in real-time and bypassing the traditional correspondent system entirely.
"Partnering with Errna and forming our blockchain consortium has future-proofed our institution. We've unlocked millions in capital and now offer a cross-border payment product that is second to none."
- Sarah Jenkins, Head of Innovation, Alliance Bank Corp
Technology Stack & Tools
We are technology-agnostic and select the best tools for the job. Our expertise spans the most robust and enterprise-ready blockchain platforms, languages, and cloud infrastructures.
Meet Our FinTech & Blockchain Experts
Your project will be guided by industry veterans with decades of combined experience in finance, technology, and cybersecurity.
Dr. Bjorn H.
V.P. - Ph.D., FinTech, DeFi, Neuromarketing. A visionary in applying decentralized finance principles to solve real-world enterprise challenges.
Joseph A.
Expert Cybersecurity & Software Engineering. Specializes in securing financial applications and blockchain networks against sophisticated threats.
Vikas J.
Divisional Manager - ITOps, Certified Expert Ethical Hacker, Enterprise Cloud & SecOps Solutions. Ensures your infrastructure is scalable, resilient, and secure.
Akeel Q.
Manager, Certified Cloud Solutions & AI/ML Specialist. Expert in deploying and optimizing complex blockchain nodes on enterprise cloud platforms.
What Our Clients Say
"The speed and cost savings are incredible. Errna's blockchain solution has given us a significant edge in the competitive remittance market. Our settlement is now faster than a domestic bank transfer."
"We were skeptical about integrating blockchain with our legacy core banking system. The team at Errna made the process seamless. Their expertise in both traditional finance and DLT is unmatched."
"As a B2B marketplace, FX volatility was a constant headache. The stablecoin solution Errna built for us has completely eliminated that risk and simplified our accounting tenfold. It's revolutionary."
"Compliance was our biggest concern. Errna's team built a solution with such robust KYC/AML features that it actually made our reporting process easier. They truly understand the regulatory landscape."
"The level of transparency is a game-changer. Our corporate clients can now track their international payments in real-time, just like a package. It has dramatically improved customer satisfaction."
"From the initial strategy session to post-launch support, Errna has been a true partner. Their CMMI Level 5 process gave us confidence, and their expert team delivered beyond our expectations."
Frequently Asked Questions
Clear, straightforward answers to your most pressing questions about implementing blockchain for cross-border payments.
The timeline varies based on complexity. A Proof-of-Concept (PoC) can be completed in 8-12 weeks. A full-scale, production-ready platform with legacy integration typically takes 6-9 months. Our agile approach ensures we deliver value incrementally at every stage.
Yes. When implemented correctly, blockchain is one of the most secure technologies available. Its cryptographic hashing and decentralized nature make it incredibly difficult to alter transaction records. We enhance this inherent security with enterprise-grade access controls, encryption, and regular third-party security audits.
Compliance is at the core of our design process. We build solutions that integrate with leading on-chain analytics tools (like Chainalysis) for AML and transaction monitoring. We also incorporate decentralized identity (DID) and connect to traditional KYC providers to ensure full compliance with global regulations.
We specialize in bridging the old and the new. We develop a robust API and middleware layer that acts as a translator between the blockchain network and your existing core banking software, ERPs, or accounting systems. This ensures a smooth flow of data and minimal disruption to your current operations.
Not at all. The most effective enterprise solutions use stablecoins, which are digital tokens pegged 1:1 to a fiat currency like the US Dollar. This provides the benefits of blockchain (speed, low cost) without the price volatility of traditional cryptocurrencies, making accounting and treasury management straightforward.
The ROI is multi-faceted. The most immediate return comes from reducing transaction fees by up to 80%. Additional significant savings come from eliminating manual reconciliation, reducing compliance overhead, and freeing up working capital that was previously trapped in Nostro/Vostro accounts for days.
Ready to Eliminate Cross-Border Friction?
Let's build the future of global payments together. Schedule a complimentary, no-obligation strategy session with our FinTech experts to discover how blockchain can transform your business, reduce costs, and create a powerful competitive advantage.
Book Your Free Consultation