Wealth & Finance International - February 2017

91 February 2017 Empowering Remittance emitONE is a technology and business services firm that breathes innovation and excellence into the remittance world for all types and sizes of organisations including banks, money transfer operators, micro-finance institutions, telecom firms and start-ups. Aamer Abedi of RemitONE tells us a little more about the firm and the technology behind its services. “Founded in 2007, our technology allows you to manage your entire remittance business via multiple channels including branches, agents, online portals and mobile apps. Our consulting services have a fantastic success rate for license accreditation and for acquiring bank accounts as well as offering alternative approaches through our business network. Our impressive network of clients and partners around the globe allows our clients to tap into new markets and instantly increase transaction volumes and their bottom-line.” The firm’s mission is to empower the global money transfer industry with technologies to provide secure and fair transfers for those who need it most, with the ultimate aim being to facilitate financial inclusion and empowerment of the unbanked. Aamer embellishes: “We promote fair competition in the industry by working with multiple solutions’ providers, money service businesses and remittance hubs. We promote transparency by working with the industry’s leading lobby groups and Associations. With our unique mix of technology & services RemitONE can help all players in the market – from start-ups to the largest of enterprises – transform their technology landscape and improve their business network.” Working in such a vital industry it is of great importance that RemitONE strives for excellence and perfection in everything it does in order to en- sure that customers receive the very best support and advice from the firm. “We have gone the extra mile to help our clients in the industry,” explains Aamer. “Our original solution was built as collaboration with customers driving the requirements. This customer centricity has stayed with us ever since. Everything we do is not only done with our custom- ers in mind, but with their customers in mind. In this way we can stoke creativity and lead rather than follow. Any enhancements made for one customer are immediately made available for the benefit of all. “We are the only end to end money transfer solutions provider, helping our clients get licensed, bank accounted, platform provisioned and networked into our vast client and partner network worldwide. We work with well reputed compliance firms to provide optimum service to our clients. We work with PCI-DSS compliant payment firms to ensure payments with the best security features. We partner with well-known money service businesses and banks in the industry. We ensure our team is up to date and well equipped with what’s happening in the industry so we can better serve our clients.” The trillion dollar money transfer industry is rapidly evolving with the advent of technology. This industry, despite consistently growing every year, has arrived onto the technology adoption scene late. It is a heavily regulated industry which means technology for automation, compliance and security is paramount. In such a fast-paced sector, it is imperative that RemitONE keeps up-to-date with emerging trends in order to stay ahead of the game. It does this through consistent market research and client feedback. “We have around 100 clients from all over the world,” Aamer says. “This gives us first-hand access to trends in all regions and allows us to implement new features and functionality quickly. Our active participation with lobby groups and Associations and our part- nerships with key industry stakeholders and consultants puts us in an enviable position when it comes to knowledge and expertise.” The finance industry is changing more rapidly than ever before, howev- er Aamer is optimistic about the future. “We are working on the latest technology solutions in the industry, delving into cryptocurrency, airtime, utility bills, mobile apps, self-service kiosks and the latest in payment technologies. We are at the juncture of best of breed technologies and innovative business models and are devising state of the art solutions in our industry. “We foresee cost of remittances going down and the advent of sophis- ticated mobile apps that could allow users to perform a range of val- ue-added services. They could pay from their digital wallets, make cross border payments, make purchases in cryptocurrencies, top up mobile phones cross border and make utility payments around the world, all from one digital wallet.” Company: RemitONE Limited Name: Aamer Abedi Email: [email protected] Web Address: www.remitone.com Address: 10TN The Office Village, E15 4EA, London Telephone: +44 (0)208 099 5795 Aamer Abedi, recently awarded Best for Money Transfer Software Solutions – UK, talks to us about RemitONE, the sector it operates in and how technology is key in building a successful future. R FI160063