Professional Services Division

Through the MFSL team's work with a number of agencies including the World Bank, Her Majesty's Treasury and the International Monetary Fund, an extensive bank of information, expertise and contact base has been built up relating to the international remittance market. This rich experience has proven invaluable in understanding complex areas such as the informal remittance market and the design of remittance solutions. In fact, establishing the target consumer segment, the remittance sending and receiving channel and country choices, competing solutions in addition to Knowing Your Customer (KYC), Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) considerations are some of the most critical considerations that have to be addressed in each territory a financial service is launched in. Whether you are a newcomer to the market or an industry veteran in search of value added services, MFSL's Professional Services Division can help you make the right decisions that will help you launch a successful remittance solution.

The following are some of the services our Professional Services Division has offered to leading players in this market:

  • Market and competitive landscape analysis
  • Solution design
  • Risk assessment
  • Potential supplier evaluation
  • Technical integration
  • Service launch and ongoing evaluation, support