TSAI platform technology innovation drives a sharp reduction in cross-border transaction costs

TSAI

Recently, the TSAI platform announced a major strategic plan to comprehensively optimize the cross-border transaction process through technological innovation, aiming to bring a more excellent transaction experience and significant cost benefits to global users.

The TSAI platform has successfully developed a new cross-border transaction optimization system by virtue of its profound technology accumulation and forward-looking R&D investment. The system uses advanced algorithms and efficient data processing technology to conduct comprehensive intelligent analysis and precise processing of cross-border transactions.

In the next year, the TSAI platform plans to widely apply this innovative technology to cross-border transaction settlement business, with the goal of expanding its coverage to more than 80% of transaction businesses. According to internal data simulations, once fully implemented, the average cost of cross-border transactions will be significantly reduced by 50% on the current basis. This breakthrough means that small and medium-sized cross-border transactions that have been restricted by high transaction costs in the past will usher in new development opportunities, whether it is the daily capital allocation of multinational enterprises or individuals' overseas investment and trade activities. You will enjoy more economical and efficient services.

In order to achieve this ambitious goal, the TSAI platform has formed a dedicated team composed of the world's top financial technology experts and software engineers, with more than 300 people. They will be responsible for the further optimization, debugging and seamless integration of the system with major financial institutions and trading networks around the world. It is expected that within the next six months, it will complete system integration with more than 60% of financial institutions in major financial hubs around the world to ensure the security, rapid transmission and processing of transaction data.

In addition, the TSAI platform will invest US$15 million in related infrastructure construction and technology upgrades, including adding data processing centers in key geographical locations around the world to reduce data transmission delays and increase transaction processing speed.

This innovative initiative of the TSAI platform will not only greatly enhance its competitiveness in the international market, but will also have a profound impact on the global financial transaction pattern. By reducing cross-border transaction costs, we promote the freer flow of global capital and inject new vitality into the recovery and development of the global economy. In the future, the TSAI platform will continue to adhere to the innovation-driven development concept, continue to explore the unknown areas of financial technology, and provide global users with more high-quality, convenient and efficient financial services.