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Farooq Malik — Sonic AI
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Farooq Malik
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Farooq Malik
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RAINN's payment infrastructure supports transaction chargebacks and refunds directly on the blockchain.
Expert perspective
Farouk Malik
Apr 19
Companies like Western Union and MoneyGram are heavily adopting stablecoins to upgrade their infrastructure and improve business resiliency.
Expert perspective
Farouk Malik
Apr 19
An unnamed airline is using RAINN's infrastructure to issue stablecoin-powered per diem cards to its flight attendants.
Expert perspective
Farouk Malik
Apr 19
RAINN settles 100% of its payment volume with Visa using stablecoins.
Expert perspective
Farouk Malik
Apr 19
RAINN's remittance transaction volume is growing at a rate of 400% annually.
Expert perspective
Farouk Malik
Apr 19
Farouk Malik predicts that stablecoin penetration in the global remittance market will reach 40% to 50% in the next few years.
Speculative
Farouk Malik
Apr 19
Visa is settling payment volume with merchant acquirers using stablecoins, operating seven days a week.
Expert perspective
Farouk Malik
Apr 19
One of the world's largest private banks uses RAINN's card infrastructure to issue payment credentials to its global customers.
Expert perspective
Farouk Malik
Apr 19
RAINN has deployed its authorization and settlement technology natively on over a dozen different blockchains.
Expert perspective
Farouk Malik
Apr 19
RAINN's platform can programmatically and instantaneously route individual card transactions to different lenders based on the cardholder's real-time credit profile.
Expert perspective
Farouk Malik
Apr 19
RAINN is launching the first debit card linked directly to tokenized bank deposits in partnership with an unnamed bank.
Expert perspective
Farouk Malik
Apr 19
RAINN has processed over 1% of the global annual remittance volume in the last 12 months.
Expert perspective
Farouk Malik
Apr 19
RAINN claims to support more stablecoins than any other platform.
Expert perspective
Farouk Malik
Apr 19
RAINN has designed its chargeback and refund rules to follow the principles established by Visa and MasterCard.
Expert perspective
Farouk Malik
Apr 19
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