Electronic Money Institutions (EMI) and other Financial Institutions (FI) require an automated tool to control/monitor their customers payments counterparties in terms of entities type: person or legal.
This tool is of a high importance as compliance wise this type of monitoring reduces the possibility of human error and puts an extra security level on declared vs verified information. Timewise and peoplewise this tool could save ±200 days of work per year that equals to 1 headcount. While growing the number of transactions, mentioned savings would equally grow.
ConnectPay is looking for a solution to control/monitor their EMI customers payments counterparties entity type in real time.
Want to solve the challenge? Apply here: THE FORM