UPDATE -- Intermex Launches a new Remittance-as-a-Service (RaaS) Platform to Help Businesses Simplify Cross-Border Payments

Core Insights - International Money Express, Inc. (Intermex) has launched a redesigned Remittance-as-a-Service (RaaS) platform aimed at facilitating cross-border money transfers for businesses [1][2] - The platform allows companies to offer branded payment services in various markets, including Latin America and select regions in Southeast Asia, the EU, and Africa [3][4] Group 1: Platform Features - The RaaS platform provides a customizable system for businesses to create branded customer experiences across multiple channels, including WhatsApp and mobile apps [4] - It includes essential compliance measures such as licensing, know your customer (KYC), and anti-money laundering (AML) protocols [4] - The platform supports a wide range of payout options, including cash pickups, home deliveries, and direct bank deposits, leveraging one of the largest payout networks in Latin America [4] Group 2: Business Benefits - The platform aims to eliminate barriers for businesses looking to innovate and expand by providing a turnkey solution built on extensive industry experience [4] - Companies can access integrated payment services, merchant account management, chargeback support, and advanced anti-fraud tools [4] - Intermex offers 24/7 bilingual customer support, business insights, and ongoing strategic guidance to its partners [4][5] Group 3: Company Background - Founded in 1994, Intermex specializes in facilitating money transfers from various countries to over 60 destinations, utilizing proprietary technology [6] - The company operates through a network of retail agents and company-operated stores, with headquarters in Miami, Florida, and international offices in Mexico, Guatemala, the UK, and Spain [6]