To enable institutions in the US to provide remittance services through UniTeller capabilities
Applicant name: UniTeller Financial Services
Innovation Name: UniTeller Remittance Turnkey Solution
Innovation Type: Solution
Mission: To enable institutions in the U.S. to provide remittance services through UniTeller capabilities
Innovation Description: UniTeller Turn Key Solution offers a full array of remittance aggregation solutions to both, licensed and unlicensed entities. This solution includes:
– Remittance processing and licensing capabilities across de U.S.
– Access to UniTeller’s international payment network
– “Best in Class” compliance platform
– Access to UniTeller merchant and settlement capabilities
– Automated customer authentication and fraud prevention tools
– Digital solutions including white labels and API integrations.
Digital Solutions: uLink and uLinkcard
ulink is an online money transfer service that focuses on providing users a secure way to send money with the highest exchange rates, low fees, and an excellent customer service. uLink offers a mobile application for ios and android users and a reloadable prepaid card to manage money transfer needs in a cost effective way.
Status of Innovation: In-market
Innovation Active Since: 05/13/2018
Applicant Type: Private Company
Headquarter City: McAllen
Headquarter Country: United States
Year Founded: 1994
Main Category Choice: B2B Solution
Why do you think you should win this category?:
Business partners can find an all-in-one solution without the need to look for individual partners. Partners, don’t need to invest in development of a digital remittance solution, they don’t need to invest in developing a compliance program, to partner to get remittance licenses, or to build an international payment network. They only need to focus on marketing and promoting the service.
Today, we have 20+ companies, including remittance and banking institutions, retailers, and international payers in the U.S., Canada, Europe, Latin America, and Asia, that have partnered up with UniTeller or shown interest in this solution.
Secondary Category Choice: Remittances For Social Impact
Why do you think you should win this category?
ulink for the children
uLink for the children in partnership with Synergeia Foundation, was born to help promote education in the Philippines. When people send money using uLink they will be helping support students and teachers development programs of Panghulo Elementary School in the Philippines. Through this program classroom buildings will be built to fight struggles from floods allowing children to continue their education and achieve their dreams.This initiative not only will provide support to people in need, but also, will establish a connection between the Filipino sender in the U.S. and their loved ones in the Philippines by turning their money transfers into a high social impact action for their community. Supporting education will also raise opportunities of growth and will impact the future economy of one of the most important remittance receiving countries.
Full Name: Fernando Gutierrez
Role: SVP Product and Digital Business
Full Name: Jimena A Cantu
Role: VP Product and Digital Business
Full Name: Sheryl Ann Corpus
Role: Business Development Manager (Philippines)
Full Name: Alberto Guerra
Uniteller Turnkey Solution: https://www.dropbox.com/sh/
Digital Turnkey Solutions: https://www.dropbox.com/s/
uLink For The Children: https://www.dropbox.com/sh/
uLink for the children microsite: http://ulinkforthechildren.ph