Brightwell recognized for breakthrough payments innovation in the seventh annual FinTech Breakthrough Awards program
After years of serving global workers and integrating with countless payment partners, we saw a need in the market to help alleviate the pain fintechs and enterprises face when launching a cross-border payment program.
ATLANTA (PRWEB)
March 24, 2023
Brightwell, the Atlanta-based global payments technology company, announced today that its ReadyRemit solution has been selected as the winner of “Best Cross-Border Payments Platform” in the 7th annual FinTech Breakthrough Awards program. Conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the best companies, the award recognizes ReadyRemit as an outstanding financial technology product.
ReadyRemit is a comprehensive solution that allows fintechs, enterprises and program managers to seamlessly integrate global remittance capabilities through APIs or SDKs, giving users access to payments to over 180 countries and 290,000 cash disbursement locations. Powered by Brightwell’s international payment partners, ReadyRemit supports multiple delivery channels, including bank accounts, mobile wallets and payment gateways, as well as different payment types, such as B2B, B2P, P2P and P2B.
“After years of serving global workers and integrating with countless remittance partners, we saw a need in the market to help alleviate the pain fintechs and businesses face when launching a cross-border payments program,” said Larry Hipp, CEO of Brightwell. “We understood the difficult process of developing a compatible and user-focused payment solution. On average, building a remittance infrastructure takes anywhere from six to nine months, while 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 regulatory requirements and more.
“Through our embedded technology, we’re on a mission to change how money moves around the world,” said Audrey Hall, Chief Product Officer. “Access to funds is more important than ever, and we are proud to be at the forefront of increasing financial access.”
To learn more about Brightwell and ReadyRemit, visit brightwell.com/readyremit.
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