MXpress APP
About
Applicant name: VINIT Solutions
Innovation Name: MXPress APP
Innovation Type: Solution
Website: http://www.vinitsolutions.com
Mission: MXpress APP
Innovation Description: In today’s global economy, a 24-hour approach to business and logistics is the key to success, and nowhere is this better exemplified than in the remittance markets. As emerging markets and disruptive technology foster new, creative approaches to strategic thinking, the individuals, businesses and governments that think the fastest stand to profit the most!
Using our powerful, sophisticated Money transfer software, you can stay current with all of the information that you need to make intelligent, responsible decisions about your currency investments. The Vinit Solution is the one-stop service provider for the digital currency market
At VINIT Solutions, we’ve earned the reputation of delivering outstanding products to clients that expect outstanding results
Status of Innovation: In-market
Innovation Active Since: 05/21/2018
Applicant Type: Private Company
Headquarter City: LONDON
Headquarter Country: United Kingdom
Year Founded: 2010
Main Category
Main Category Choice: Compliance Solution
Why do you think you should win this category?:
Compliance becomes the most challenging part of any remittance service provider. This becomes even challenging when the platform allows performing online transactions where you don’t see the customer performing the transaction. Governments’ and bank regulations are different from country to another. Maintain those imposed regulations when dealing with multi corridor remittance business is never become easy. Vinit Solutions have identified those regulatory challenges to both remittance market and regulatory bodies and presented MXpress remittance solution. This is a banking level solution which simplifies the remittance. The solution can be adapted to small to enterprise size of organizations. The system is easily affordable and plans available which are suitable for your size of the business. Our compliance solution is popular in UK and Europe.
Secondary Category
Secondary Category Choice: Compliance Solution
Why do you think you should win this category?
NO NEED for a separate compliance solution
Our solution is closely integrated with the main remittance engine which enables the business to keep a close eye on their customer base. NO PAY PER CLICK anymore.
Our exciting features.
1. Sanction and PEP’s screen engine.
2. Large and link transaction monitoring and alerts
3. Automated ID verification and alert prior to the expiry
4. Rule-based transaction engine
5. Direct transaction reporting to specific government bodies.
6. Regulatory coverage & regulatorily compliant
7. Industry Approvals
8. Integrated government databases.
Team Members
Full Name: Isuru Karavita
Role: Technical Operations Manager
Linkedin: https://www.linkedin.com/in/isuru-karavita-3474b223/
Supporting Links
Entry Representative
Full Name: Isuru Karavita
Role: Technical Operations Manager
