Prestigious international awards program recognizes outstanding financial technology products and companies
ATLANTA, March 24, 2023 /PRNewswire-PRWeb/ -- Brightwell, the Atlanta based global payments technology company, announced today that its ReadyRemit solution has been selected as the "Best Cross-Border Payments Platform" winner in the 7th annual FinTech Breakthrough Awards program. Conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, the award recognizes ReadyRemit as an outstanding financial technology product.
ReadyRemit is a comprehensive solution that allows fintechs, businesses and program managers to seamlessly integrate global remittances capabilities through APIs or SDKs, giving users access to payments to over 180 countries and 290,000 cash payout locations. Powered by Brightwell's international payments partners, ReadyRemit supports several delivery channels, including bank accounts, mobile wallets and cash-out locations, as well as different payment types, such as B2B, B2P, P2P, and P2B.
"After years of servicing global workers and integrating with countless remittance partners, we saw a need in the marketplace to help alleviate the pain points fintechs and businesses face when launching a cross-border payments program," said Larry Hipp, CEO of Brightwell. "We understood the arduous process of building out a compliant and user-focused payment solution. On average, building a remittance infrastructure takes anywhere from six to nine months, whereas ReadyRemit can be integrated in as little as 30 days, enabling customers to go to market faster."
Through its comprehensive compliance engine, ReadyRemit supports the ongoing monitoring of regulations such as KYC/CIP, BSA/AML transaction monitoring, fraud protection, remittance transfer rule requirements, and more.
"Through our embedded technology, we're on a mission to change how money is moved around the world," said Audrey Hall, Chief Product Officer. "Access to funds is more important than ever, and we're proud to be at the forefront of increasing financial access."
To learn more about Brightwell and ReadyRemit, please visit brightwell.com/readyremit.
Media Contact
Willa Hahn, Alloy, on behalf of Brightwell, 855.300.8209, [email protected]
SOURCE Alloy, on behalf of Brightwell
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