NetRemit

Web Based Remittance Product with security enhancements including 128-bit session encryption & SSL, Sage / Cyber Source / WorldPay Debit Card Gateway Integration, AML checking and Due-Diligence Validation through Lexis Nexis, GB Group, Call Credit & Experian Real Time Payment Transfer to Counterparty bank via Distributed Open Source Protocol and Webservices Secure Wallet - Token for Card Storing / Retrieval Enhanced SSIS based report tool for easy MI Report Customisation.

• Online and agency channels expand reach.
• Commission, Central Bank Rebate and FX revenues.
• Key product line with improved customer satisfaction.
• Fully integrated with back office processes.
• Easy to customise and highly secure.
• Comply with ISO 27001 information security standards.
• Fully supported through our dedicated 24x7x365 helpdesk
• Built on using latest technological platform and highly sophisticated data sets for sharing across to various data warehouse, Data mining and analytical tools.
• Web based Back office for anywhere access for the bank stakeholders to Track, Monitor and Control.
• Consolidate single platform to offer money transfer facility for Bank A through various channels including Mobile, Kiosk, Web & E-Wallet.
• Enable to be configurable for any currency corridor and highly scalable for any transaction volume size.
• Security Audited by the Big 4 audit firms and consist of all the industry best practises.
• Flexible and readily available API’s to be plugged in to most of the industry core banking solutions.
• Extensive Transaction screening for AML, Sanctions and PEP Screening, Automated customer onboarding facility, EKYC & Credit Scoring. Platform fully comply with FCA’s PCA 2002 act and other money transfer regulations.
• Extensive reporting system with built in analytics to provide insights for Marketing, Operation, compliance, Risk and Management teams to leverage more market share.

Licencing Model

• Licence Type:
  • Transactional pricing
    Hardware and Infrastructure will be provided by the client both on-premises or Private Cloud. The entire platform customisation and on going changes and maintenance will be taken care by us and covered by the transactional billing.
  • Pricing includes Mobile Platform, 24X7 round the clock support, Security and Platform upgrades & Releases.