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CASE STUDY
A UK MTO's Journey to Frictionless Cross-Border Remittance with Open Banking Payment Gateway Integration via NetRemit
Traditional payment systems struggle to meet open banking demands, leading to inefficiencies, high costs, and compliance risks. Their lack of modern integration results in delays, security vulnerabilities, and operational bottlenecks.
NetRemit overcomes these challenges with an API-driven remittance solution, enabling real-time payments for faster transactions, seamless regulatory compliance with built-in AML/KYC checks, and a secure, frictionless customer experience.
This case study explores how NetRemit empowers financial institutions, fintechs, and payment providers to scale operations, optimise compliance, and unlock new revenue streams through advanced open banking integration.
Why Download This Case Study?
- Understand how API-driven integration enables faster, secure, and compliant cross-border payments.
- Learn how NetRemit eliminates outdated system inefficiencies, reducing delays, costs, and regulatory burdens.
- Discover how built-in risk management, AML/KYC compliance, and fraud prevention enhance security.
- Explore automated settlements and intelligent payment routing for optimal transaction efficiency.
- See how an API-first architecture ensures adaptability to evolving open banking standards and remittance trends.