Future Fintech Labs is a wholly owned subsidiary and the Research & Development center of FTFT Group located at its headquarter in New York City and it is mainly responsible for the design, development, and operating support of software platforms for FTFT's development of future digital banking and payment services global-wise. FTFT Labs undertakes market research, business development, and compliance work for the group in the North American market. The Labs also offers secure and efficient cross-border money transfers from the US to North America (Canada and Mexico), Europe (Austria, Belgium, Czech Republic, France, Germany, Hungary, Italy, Poland, Portugal, Spain, Sweden and the UK), Australia, India and the Philippines, and the range of services continues to grow.