Our solution is based on getting the ISO20022 Pain.001 message, from several creditors.

We then analyze the PaymentTypeInformation block: Service level, Local instrument per country, Category purpose and other key decision elements. We extract the currency and the amount and build “buckets” that are being evaluated against our real-time API with banks and agents – this part dose not utilized the ISO 20022.

Our algorithm finds the best match based on customers needs and then we can build the bulk ISO20022 with the uses of FI to FI Customer credit transfer (pacs.008).

benefits:

Get wholesale pricing and service for smaller players; Enhance compliance and risk management; Improve wire transfer defaults ratio ; Let the business focus on growth rather than chase FX operations.

impact and vision:

Implanting our smart algorithm across banks and agents in scale, will not only assist the SMBs, but rather:

CONNECT - It is the next necessary step to enable real-time financial transactions with wearables, smart machines and other IoT.

SIGHT - It will enable to forecast global payment trends, alert about market risk, manage inter-country liquidity, mitigate currency fluctuation.

CREATE – It can be also be used build sophisticated financial products for investors.