skip to Main Content

POWERFUL DIGITAL APPROACH TO DIGITAL TRANSACTION COMPLIANCE FIN X Logo

Challenges Faced by Governments and Central Banks

The rapid expansion of the global cashless environment creates unique opportunities for your government. Unlike cash transactions, digital transactions can all be traced and controlled, which should bring more people into the tax compliance net.

As a result, governments need to promote the benefits of a cashless society, while minimizing its inherent risks.

The Fin X Solution

The Fin X Suite applies a digital approach to the growing issues of digital transactions compliance and interoperability.

This cutting-edge suite offers three state-of-the-art digital platforms, M3, X Stream and TransFin.

M3 and X Stream provide governments, banking authorities and financial intelligence units with full metrics and actionable information regarding mobile money and remittances. TransFin ensures seamless payment interoperability across all environments.

In strict adherence to the regulations, policies and laws of your country, these three platforms bring you critical functionalities and capabilities, including:

Real-time measurement for market surveillance and regulatory oversight

Data analytics for financial intelligence purposes

Automated detection of fraudulent and suspicious transactions

Strengthening of e-governments

Background checks using the biggest international criminal and financial databases

Authentication and verification of transactions

Complete settlement and clearing functionalities

Seamless interoperability across the digital payment ecosystem

The Fin X Suite's Track Record

Fin X is currently used by the governments of 5 countries to measure and verify huge volumes of digital transactions amounting to over US $90 billion per year.

In East Africa alone, where Mobile Money services are the most heavily relied upon, it gives governments full visibility over 25% of all Mobile Money flows.