Remitly partners with our platform for data and intelligence sharing
In a significant move for the digital remittance sector, [Platform Name], the leading provider of cross-border payments data and intelligence, and Remitly, a trusted digital financial services provider, have announced a renewed partnership. This marks the fifth year of their collaboration, aiming to empower the digital remittance industry with comprehensive data and insights [1].
Remitly, known for helping customers send money home safely, reliably, and transparently, will be leveraging [Platform Name]'s remittances benchmarking pricing data for competitive insights [2]. This partnership promises to accelerate innovation in speed, cost, transparency, and financial inclusion within the global digital remittance industry.
One of the key aspects of this partnership is Remitly's adoption of stablecoin technology, digital assets pegged to fiat currencies, into its international transfer network [4]. This innovative move aims to enable faster, more reliable, and lower-cost cross-border payments, with transfers in minutes instead of days, reduced fees, and greater payment transparency through blockchain infrastructure. [Platform Name]'s data and intelligence capabilities can further amplify these benefits by improving transaction monitoring, fraud prevention, and regulatory compliance, ensuring the stability and reliability essential for such digital financial innovations.
Moreover, Remitly's use of AI to streamline operations and improve customer experiences, combined with [Platform Name]'s advanced analytics, can optimize digital remittance flows and customer segmentation, enhancing service personalization and operational efficiency [2]. This synergy helps both companies maintain leadership in the competitive fintech landscape catering to immigrants, overseas workers, and underserved markets globally.
The partnership between [Platform Name] and Remitly also signifies a step towards more seamless, efficient, and inclusive cross-border financial services. By embracing cutting-edge technologies like stablecoins and AI along with robust data intelligence, they aim to navigate regulatory challenges and expand financial access in emerging markets.
[Platform Name]'s extensive FX pricing datasets cover more than 25,000 corridors, over 700 providers, and 110+ countries [3]. The world's biggest banks, payments, and big tech companies use [Platform Name]'s critical data for decision-making. [Platform Name] also offers solutions such as a price engine and sales enablement tool to drive client growth and profit.
For those interested in updates about this partnership and other industry news, [Platform Name] invites you to sign up for its widely read newsletter [5].
[1] [Platform Name] Press Release, [Date], [Link to Press Release] [2] Remitly Press Release, [Date], [Link to Press Release] [3] [Platform Name] Fact Sheet, [Date], [Link to Fact Sheet] [4] Remitly Whitepaper on Stablecoin Adoption, [Date], [Link to Whitepaper] [5] [Platform Name] Newsletter Sign Up, [Link to Newsletter Sign Up]
- The partnership between [Platform Name] and Remitly leverages [Platform Name]'s pricing dataset, encompassing data from more than 25,000 corridors, over 700 providers, and 110+ countries, to help Remitly optimize competitive insights in the finance and business sector, particularly in the remittances industry.
- By integrating stablecoin technology and leveraging [Platform Name]'s data and intelligence, Remitly aims to enhance speed, cost, transparency, and financial inclusion within the global digital remittance industry, using AI for operational efficiency and personalized customer service in the technology-driven fintech landscape.
