IMX Software announces successful, on-time upgrade of Namibian customer base to new regulatory reporting standards

IMX Software has successfully upgraded eight bank and bureau clients in Namibia to its GTS-Retail software, in line with new reporting requirements from the Bank of Namibia which came into effect this quarter. The clients include five authorized dealers with limited authority (ADLAs) who are also using GTS-Retail as the point-of-sale solution in their FX […]

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Travelex Africa deploys GTS-Retail in record time

IMX Software announced today that Travelex Africa Foreign Exchange has successfully completed its second month of trading on the new GTS-Retail trading system after a rapid, 2-month implementation. Following its purchase of Travelex Africa Foreign Exchange in January 2019, Tourvest Financial Services needed urgently to migrate all Travelex branches to GTS-Retail to improve operational and […]

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Travelex Africa contracts with IMX to deploy GTS-Retail across its South African branch network

IMX Software announced today that it has concluded an agreement with Travelex Africa Foreign Exchange to replace its existing foreign exchange trading system with GTS-Retail. Travelex Africa has signed a five-year agreement to implement IMX Software’s market-leading point-of-sale trading and regulatory compliance solution, GTS-Retail, together with the leading real-time sanctions and PEP checking service from […]

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Phoenix Forex selects GTS Retail Software-as-a-Service solution for new London operation

Phoenix Forex, a new bureau de change operator based in Central London, has selected and implemented IMX Software’s GTS-Retail currency point of sale system to launch its new business. Phoenix selected the Software-as-a-Service (SaaS) version of GTS Retail which allowed the branch to be up & running just a few days after securing new premises. […]

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Al Baraka Bank launches GTS-Retail nationwide

Al Baraka Bank, the pioneer of Islamic banking in South Africa and a subsidiary of the international Al Baraka Banking Group B.S.C, has deployed IMX Software’s new generation foreign currency point-of-sale and trading compliance solution in all its branches across South Africa. A key requirement for Al Baraka was to efficiently manage foreign banknote availability […]

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P&O Ferries on-boards GTS across its UK fleet after extensive trials of online/offline capabilities

P&O Ferries, the leading cross channel ferry operator with the largest UK fleet of ships, has on-boarded IMX Software’s new generation foreign currency point-of-sale and trading compliance solution under a five-year managed services agreement. A key consideration for P&O was to be able to trade ‘offline’ while sailing and to reliably synchronise trading and reference […]

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Infinea acquires IMX Software to enhance global fintech portfolio

London, 16-10-18 Infinea Group, a diverse global technology and FinTech services group, today announced that it has completed the 100% acquisition of UK-based IMX Software Group in a deal that adds fintech and regtech products, and a list of long term, blue-chip banking and money service clients to its portfolio as well as adding established […]

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Tourvest Financial Services prepares for implementation of an upgraded risk-based approach to foreign currency sales supported by new generation IMX Software deployment

Tourvest Financial Services has gone live with a new generation point-of-sale and trading compliance solution under a five-year agreement to implement IMX Software’s GTS-Retail software in conjunction with the leading real-time sanctions and PEP checking service from ComplyAdvantage. IMX Software is the global leader in currency trading and travel money technology. Tourvest Financial Services is […]

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IMX Software adds Xpress Money remittance integration to GTS-Retail

IMX Software has integrated its Global Trading System (GTS) with the Xpress Money platform. The integration will enable any GTS-Retail customer to process remittances to cash or mobile wallet recipients as a straight through process via Xpress Money. Xpress Money is one of the largest remittance companies in the world, with over 200000 locations across […]

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IMX signs five-year agreements with two South African customers for GTS-Retail as a managed service

Imali Express and Tower Bureau de Change have signed five-year, software-as-a-service agreements to migrate from their existing TMX implementations to GTS-Retail from IMX Software, the global leader in currency trading and travel money technology. GTS-Retail is a modern, easy-to-use, multi-language point of sale system enabling forex providers and banknote traders to serve customers quickly, while […]

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GTS-Retail elevates efficiency and compliance across Zambia’s bureau de change sector

African central banks will find this case study on the adaptation of GTS-Retail for the Bank of Zambia’s AML initiative relevant to the regulation of their own bureau de change industries. IMX Software has completed the rollout of a centralized, real-time system that allows the Bank of Zambia to monitor foreign exchange transactions processed by all licensed […]

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IMX Software signs up new APAC wholesale banknote market entrant

JBFX, a new entrant in the wholesale banknotes market in APAC, has signed a five-year deal to use IMX Software’s GTS-Wholesale and Cash Centre offering, delivered as a full Software-as-a-Service (SaaS) solution and deployed across JBFX’s Sydney-based trading and vault operations to support critical business processes and regulatory compliance reporting. The new contract was awarded […]

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The Bank of Zambia rolls-out GTS-Retail from IMX Software under an anti-money-laundering initiative

IMX Software announced today that it has completed the rollout of a centralized, real-time system to allow the Bank of Zambia to monitor foreign exchange transactions processed by all licensed bureau de change operators across the country. The vulnerability of the Zambian bureau de change industry to money-laundering has been a concern of central government […]

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Tourvest Financial Services streamlines SARB and FIC compliance with IMX Software

Tourvest Financial Services, the company licensed to operate the American Express Foreign Exchange brand in South Africa, Namibia and Botswana, has signed a five-year, fixed-term agreement to implement the GTS-Retail software from IMX Software, the global leader in currency trading and travel money technology. Tourvest Financial Services is a wholly-owned subsidiary of leading South African […]

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IMX announces full integration with document reader from International Reference Systems (IRS) for rapid, error-free data capture and automated ID verification

IMX Software’s leading GTS-Retail foreign currency, remittance and pre-paid card point-of-sale solution now integrates fully with IRS document readers for the automated scanning of various document types with ID capture enabling the search, retrieval and automatic population of customer data directly into GTS-Retail, without cashier intervention. Established in The Netherlands, IRS is a pioneer in […]

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IMX and multi-award winning ComplyAdvantage partner for Sanctions & PEP screening

Changes to Global Financial regulations will force currency exchange providers to better uphold sanctions and PEP screening against customers – or risk heavy fines and reputational damage. To meet that requirement, GTS is now fully integrated with ComplyAdvantage, the world’s only provider of AI-driven AML risk data, allowing for real-time screening of customers against global […]

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IMX Software’s GTS-Retail conforms to unique French regulations

French regulations for licensed Money Service Businesses insist that cash transactions have unique consecutive deal numbers separate from Pre-Paid Cards, Sundry Items or branch to branch transfers. IMX Software, in conjunction with long term customer ChangeGroup with several bureaus across Paris, has implemented a change in GTS to meet these specific regulations. This was a […]

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IMX Software announces 2017 Client Conference in October

Following on from a successful event in London last October, IMX Software has announced the dates and agenda for its 2017 client conference on October 10th. The IMX team will be updating its customers on product investment plans and showcasing the latest GTS-Retail, Ecommerce and Wholesale releases. This will highlight product developments as a response […]

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IMX announces upgrade programme to support new GDPR requirements

GTS users will benefit from a package of product enhancements to meet the challenges of new GDPR legislation, to be announced at October client conference The European Union’s ambitious General Data Protection Regulation (GDPR) will come into force in under 12 months on 25th May 2018 and UK firms will be required to comply from […]

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NORTHWEST MONEY EXCHANGE upgrades to GTS-Retail for continuous trading with Branch Continuity Mode.

Northwest Money Exchange, a long term IMX customer with an established bureau business based in Northern Ireland, renown for competitive pricing and excellent service, has now fully implemented IMX Software’s GTS-Retail currency point of sale system. Northwest selected the Software-as-a-Service (SaaS) version of GTS-Retail including Branch Continuity Mode (BCM) which allows all orders to be […]

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Swaziland Building Society implements IMX solution for trading & regulatory risk management as it expands into retail forex

Swaziland Building Society (www.sbs.co.sz) is implementing a retail travel money point-of-sale solution from IMX Software to support its expansion into the over-the-counter forex trading market and ensure compliance with prevailing anti-money laundering regulations. IMX Software is the global leader in regulatory-compliant currency trading technology. The IMX solution automates transactions involving travel-related products and services, including […]

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IMX Software delivers Phase II of United Nations goAML reporting to South African client base

IMX Software has completed the roll-out of goAML International Funds Transfer Reporting (IFTR) to its South African client base ahead of the March 31 deadline set by the Financial Intelligence Centre (FIC). IMX has extended the capability of its travel money, remittance and prepaid card point-of-sale (PoS) platform to support the FIC’s IFTR requirement to […]

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Two Namibian banks sign up for IMX Software’s regulatory reporting solution

Atlantico Namibia and SME Bank have become the latest financial services institutions in Namibia to implement IMX Software’s retail travel money point-of-sale solution. Both organisations were recently appointed as authorised dealers in foreign exchange and will use the software to easily comply with the Bank of Namibia’s regulatory reporting requirements. Atlantico Namibia is a recently […]

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ChangeGroup adds new order channels and increases marketing opportunities with GTS-Reserve&Collect

ChangeGroup, a leading provider of foreign exchange services established for over 20 years and with 120 branches across 3 continents, has implemented IMX Software’s GTS-Reserve & Collect in several markets to add new channels for its retail foreign exchange trading service. The multi-national bureau operator selected IMX’s Software-as-a-Service (SaaS) solution as a quick route to […]

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Travel Money Group completes upgrade of bureau operations across Australia with GTS-Retail

Fast expanding foreign exchange retailer, Travel Money Group, has completed the nationwide upgrade of its bureau network to IMX Software’s GTS–Retail solution in order to deliver an improved, integrated customer experience. IMX Software announced today that it has completed the upgrade of Travel Money Group’s (TMG) Australian branch network to the new GTS-Retail point of […]

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IMX solution streamlines forex regulatory reporting for banks in Common Monetary Area

IMX Software has developed functionality for its GTS Retail solution that streamlines regulatory reporting for financial institutions in southern Africa dealing in foreign exchange. The compliance software enables banks, retail forex bureaus and remittance providers in the Common Monetary Area (CMA) to easily comply with the reporting requirements of their countries’ Financial Intelligence Units (FIUs) […]

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IMX Software announces strategic international payments tie-up with Cymonz

Following high levels of demand from its foreign currency trading client base in Europe, South Africa and Australia, IMX has announced a strategic relationship with leading International Payments Platform (IPP) provider Cymonz of New Zealand. IMX Software announced today that it has agreed terms with Cymonz Ltd to take its industry leading International Payments Platform […]

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IMX Software announces successful annual retail client conference in London

IMX Software is pleased to announce that participation at this year’s retail client conference was well ahead of expectations, with representatives from major international retail and wholesale money service providers as well as several industry partners that contribute to its market-leading, end-to-end travel money technology solutions, including a new International Payments Platform partnership. Held at […]

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Central Bank of Zambia contracts IMX to implement system to monitor foreign exchange transactions

Central Bank of Zambia contracts IMX to implement a country-wide, real-time system to monitor foreign exchange transactions. IMX Software announced today that it has concluded contracts with Bank of Zambia for the implementation of a centralized, real-time system to monitor foreign exchange transactions processed by all licensed bureau de change operators across Zambia. Driven by […]

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IMX Software announces a new nationwide UK managed services deal with Thomas Cook

IMX Software announces a new nationwide UK managed services deal with Thomas Cook for the new generation GTS-Retail point-of-sale system for travel money, pre-paid cards and money transfers. IMX Software announced today that it has fully implemented a GTS-Retail point-of-sale managed service across nearly 800 Thomas Cook stores following an intensive six-month project to replace […]

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IMX Software’s GTS streamlines remittance transactions for MoneyGram agents

IMX Software has integrated its Global Trading System (GTS) with the MoneyGram platform and is now live with a high profile international travel money operator. The integration will enable any forex retailer with a MoneyGram agency to process remittances more efficiently and with fewer errors. GTS-Retail is a new-generation trading and inventory management solution for […]

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ACE-FX selects GTS Retail for continuous trading using Branch Continuity Mode

Ace FX, a long established bureau business based in London Bridge and Canary Wharf, renown for competitive pricing and excellent service, has implemented IMX Software’s GTS-Retail currency point of sale system including managed branch servers to replace a legacy on-line only solution. Ace selected the Software-as-a-Service (SaaS) version of GTS Retail including Branch Continuity Mode […]

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IMX Software delivers United Nations goAML compliant reporting to South African client base

IMX Software rolled-out goAML reporting to its South African client base ahead of the April deadline set by the Financial Intelligence Centre (FIC). South Africa is one of the first markets to mandate the new standard for AML reporting. This new capability for IMX’s travel money, remittance and prepaid card point-of-sale (PoS) platform will allow […]

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IMX Software signs up two new clients in Namibia

IMX Software has announced the completion of contracts with two new Namibian clients for its regulatory-compliant retail point-of-sale system for currency trading. Both clients are located in Oshikango, the fast developing and vibrant town in the northern Ohangwena region of Namibia at the border with Angola. Cambia Express and Cambio Seguro join seven existing IMX […]

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Travel Money Group launches bureau operations in the USA with GTS-Retail

Fast expanding foreign exchange retailer, Travel Money Group, has implemented the GTS–Retail solution from IMX Software in New York to support the launch of its US business. IMX Software announced today that it has delivered the GTS-Retail point of sale solution to Travel Money Group (TMG) in order to support the launch of US operations […]

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GTS empowers bureau de change operators to take advantage of rising demand for prepaid cards

Global Trading System (GTS) from IMX Software – the global leader in currency trading and travel money technology – empowers bureau de change operators to seamlessly manage prepaid travel cards in the same system they use for foreign currency trading. The GTS platform allows bureau de change operators to automate the entire process of trading […]

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New IMX stress testing automation solution goes live at major US bank

IMX Software announces that its new StressrepTM stress testing automation solution has now been deployed to support the creation of Comprehensive Capital Analysis and Review (CCAR) and Dodds-Frank Act Stress Test (DFAST) Reporting submissions for one of the top 3 largest US banks. This Federal Reserve Bank (FRB) regulatory reporting is now mandatory for banks […]

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IMX Software expands London head office

Fintech developer takes new office space in London tech innovation centre to support growth plans Financial services software developer IMX Software (IMX) has announced its relocation to new and larger offices in the Kennington Park area, positioning it conveniently near to London’s financial district and several key clients. Located close to the famous Oval cricket […]

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Bidvest Bank Selects International Reference Systems’ Banknote and Document Verification Service from IMX Software

Bidvest Bank, a South African market leader in foreign exchange services for individuals, businesses and corporations, has chosen to move to an online banknote and identity document verification service supplied by International Reference Systems (IRS) through its global partner IMX Software. The IRS service replaces the printed MRI guides that Bidvest Bank has been using […]

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P&O Ferries adds new order channels with GTS Reserve & Collect

P&O Ferries, the leading cross channel ferry operator with the largest UK fleet of ships has implemented IMX Software’s GTS-Reserve & Collect in line with its drive to improve the availability of its retail foreign exchange trading service. The ferry operator selected the Software-as-a-Service (SaaS) version as a quick route to market whilst seamlessly integrating […]

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New owner selects GTS Retail for UK branches and global expansion

Imperial FX, a new bureau de change (BdC) specialist with 8 stores in UK, 12 stores in Europe and multiple affiliate stores in the Middle East, has implemented IMX Software’s GTS-Retail currency point of sale system because of the centralised control of rates, stock and general oversight. Imperial FX selected the Software-as-a-Service (SaaS) version of […]

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Global implementations of new United Nations ‘goAML’ reporting system

IMX Software announces a new capability for its travel money point-of-sale (PoS) platform that will allow money service retailers operating in and across international markets to easily comply with evolving AML reporting directives from financial intelligence authorities around the world under a new UN programme. goAML is a new global AML standard software system developed […]

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Travel Money Group gains better visibility into business trends with GTS Analytics

Australian owned and operated foreign exchange retailer, Travel Money Group, has implemented the GTS Analytics solution from IMX Software to provide its management team with accurate and timely financial and performance reports wherever they are. Travel Money Group operates in 100+ locations across Australia and New Zealand. The software-as-a-service solution automates the process of extracting […]

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Forex retailers must adopt a multichannel strategy to remain relevant to digital customers

Some of the more progressive travel money retailers are exploring a multichannel operating model. They know that today’s digital customer wants to be able to interact and transact with them using the channel that is most convenient at a particular time – whether it’s the branch, the contact centre, the Web, a mobile app or […]

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GTS Reserve & Collect adds a new order channel for travel money providers

The new GTS Reserve & Collect solution from IMX Software enables retail currency exchange businesses and travel money providers to allow their customers to order currency online for collection from a branch. IMX Software is the global leader in banknote trading and travel money technology solutions. A standalone module of Global Trading System (GTS) – […]

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Managed service contract win for new generation GTS-Retail point-of-sale system

IMX Software announced today that it has won a competitive tender for the upgrade of FOREX Bank’s point-of-sale and back office administration system across over 130 shops in four countries. The FOREX Bank tender award followed a competitive 12-month process with IMX being chosen for the superior modernity, scalability and flexibility of its new GTS-Retail […]

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Tuxedo works with IMX to deliver Dawson and Sanderson’s Escape Travel Card

Tuxedo Money Solutions, a leading payment technology and prepaid card provider, has partnered with IMX Software to deliver a prepaid travel card solution for holiday specialist Dawson and Sanderson. Dawson & Sanderson commissioned Tuxedo to deliver the Escape Travel Money Prepaid MasterCard© Card programme across 22 stores. Working in partnership with Dawson and Sanderson’s existing […]

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ChangeGroup upgrades to GTS Retail to enhance efficiency of global operations

ChangeGroup – a provider of foreign currency and tourist services in 11 countries across Europe, Asia-Pacific and North America – has commenced rolling out IMX Software’s next-generation GTS Retail system to boost transaction throughput and centralise the management of its operations worldwide. The UK-headquartered group will replace the first-generation IMX retail forex point of sale […]

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IMX announces Business Continuity Mode V2 for GTS Retail

IMX Software, the global leader in currency trading and travel money technology, has released a new version of its Business Continuity Mode (BCM) for its GTS Retail point of sale solution for retail foreign exchange firms.  BCM is a unique online-offline capability which allows branches to keep trading even when their internet connections fail. This […]

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Miles Morgan boosts operating performance, reduces costs with GTS Retail

Miles Morgan Travel, a specialist travel agent with 12 stores in Wales, Gloucestershire and South-West England, has implemented IMX Software’s GTS-Retail currency point of sale system in line with its drive to improve the performance of its retail foreign exchange trading service. The travel agent selected the Software-as-a-Service (SaaS) version of GTS Retail as a […]

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