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Mozrt (Previously WireFX), a compliance-first funds know-how platform, has partnered with Normal Chartered. Collectively, they may allow banks, credit score unions, and fintechs to entry Normal Chartered’s experience and funds capabilities from inside Mozrt’s funds platform. Notably, in rising markets.
This strategic partnership between Normal Chartered and Mozrt gives US monetary establishments simplified entry to dynamic progress markets throughout Asia, Africa, and the Center East. Mozrt gives alternatives for monetary establishments to drive new income channels and buyer progress for its shoppers. Particularly with its end-to-end suite of compliance, account, inbound, and outbound cost options.
Via API-enabled integration of Normal Chartered‘s cross-currency capabilities in advanced markets, shoppers can now facilitate funds by means of rising market currencies throughout the markets Normal Chartered serves.
“We’re excited to present shoppers entry to Normal Chartered’s funds and FX providing,” stated Jeff Althaus, Mozrt president and CEO. “Normal Chartered is without doubt one of the most trusted names in worldwide banking, with an extended historical past of offering progressive options. Collectively, we are able to ship an answer set to satisfy the wants of probably the most dynamic monetary establishment and fintech shoppers.”
Chris Burtch, head of correspondent banking, Normal Chartered Americas, stated: “We’re happy to accomplice with Mozrt. We sit up for providing monetary establishments the power to facilitate commerce throughout the rising markets. At this time’s announcement is an thrilling step in the direction of enabling higher market participation by means of know-how.”
Francis Bignell
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