Remittance Compliance and Metrics Solution For Governments,
Central Banks and Financial Authorities
The very first and only digital platform specifically designed for control and visibility over the remittance markets
Benefits of remittances
Represent over 20% of emerging countries’ GDP.
The largest source ofexternalfinancing,amounting to three timesthe official aid.
Anessential resource to:
Money laundering and other criminal activities.
De-risking activities by foreign banks.
Resulting in higher remittance costs.
Pushing more remittance recipients out of theformal financial sector.
Potential exchange rate appreciation and decreasingexports, damaging the receiving country’s competitiveness.
All aggravated by a lack of oversight by the country’srelevant authorities (government, central bank, etc.).
What is X-Stream?
X Stream uses secure digital technologies to connect banking and ﬁnancial authorities right to the source of remittance transaction info, in order to perform critical functions such as:
Full reporting on all the country-specific remittance indicators, for better informed decision-making and effective market surveillance
Automated detection of suspicious transactions potentially related to Money Laundering and other crimes
Background check on suspicious transactions, using international criminal and financial databases
Automated calculation of amounts due in taxes and other levies (if any)
Our clients speak for us
“Since 2009, we have forged a fruitful partnership with [GVG]. We highly appreciate the remarkable results that we achieved so far together.”
DIRECTOR GENERAL, ARPCE, CONGO
‘’We have found in Global Voice Group not only a world class provider of technologies and services, but also a strong and committed partner who knew how to satisfy our specific needs and bring concrete results that exceeded our expectations.”