The Remittance Provider: Simplifying Global Payments
Challenges
The world of remittances was a tangled web of correspondent banks, high fees, and slow settlement times,
making it difficult to offer a fast, affordable, and transparent service to customers sending money home.
Solution
Senda Global built its world-class remittance service on;
GITxprez, which provided a single point of access for global payments and transparent currency conversion.
To protect every transaction, GITxprez was integrated with GITcore's GIT Comply module for real-time AML and sanctions screening.
The Results
Senda Global launched a service offering instant, low-cost international transfers. Their operational complexity was drastically reduced, and their enhanced security posture gave them a competitive advantage, allowing them to build trust and rapidly gain market share.