Money transfer platform PaySend has gone live with 4Stop’s KYC, compliance and risk management technology.
PaySend enables users to make fund transfers from card to card to more than 60 countries from 40 countries. The firm ties up with Visa, Mastercard, UnionPay and a global banking network to support money transfers to card and bank accounts.
Go deeper with GlobalData
Through the integration with 4Stop, PaySend aims to maximise security on transactions.
4Stop will offer hundreds of global KYC data sources for better KYC coverage worldwide. The vendor will also facilitate real-time monitoring and intelligence on all customers and their transactions.
4Stop CEO Ingo Ernst said: “We have always been focussed on solving and removing the complexities for businesses’ KYC, regulatory obligations and fraud prevention obstacles in a manner that truly performed on a global scale.
“We are thrilled to see our technology integrated with PaySend and to further support their KYC, compliance and anti-fraud requirements with a fail-safe accuracy, and in the most streamlined and efficient manner possible.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
