Following high levels of demand from its client base in Europe, South Africa and Australia, IMX has created a strategic relationship with Cymonz, the leading cloud-based International Payments Platform (IPP) provider.
The new IMX-Cymonz partnership provides a modern, best-in-class IP automation solution including client management, currency transactions, risk management, settlements and global compliance.
After evaluating several options for a strategic International Payments partnership, Cymonz was confirmed as a technology leader in the sector. The level of platform maturity coupled with its modernity and flexibility, and extensive out-of-the-box integration with global payments and liquidity providers, will allow IMX clients to rapidly deploy solutions to market.
The new cloud-based, software-as-a-service (SaaS) offering will target money service businesses (MSBs), banks and other financial institutions looking to introduce, extend or refresh an IP offering and improve online engagement with its personal and corporate client base to drive sales growth in this fast de-regulating and competitive market.
The Cymonz SaaS platform includes a client self-service website and comprehensive back office management with specific currency and international payment business processes, workflow customization and third-party integrations. The IP platform addresses a wide spectrum of international payments needs, including client management, currency transactions, risk management, settlements and global compliance. The SaaS offering increases speed of deployment and lowers operating costs.
Multi-lingual support and a mobile responsive design improve deployment flexibility across multiple markets and increase the convenience of the platform for mobile and tablet users. For customers looking to develop affiliates the IP platform can be easily offered to white-label partners to increase currency and payment flows.
IMX will provide regional commercial, delivery and on-going technical support on the Cymonz IP platform through its existing international infrastructure.
For further information: http://cymonz.com/