Lotte Jones

Yeah, the fraud attempts are definitely getting more creative. We've had some success with cross-referencing IP geolocation data during the upload process, but it's not a silver bullet for document authenticity itself. Maybe focus on a layered approach?

Sounds like a significant undertaking. Have you considered whether a single vendor can truly excel in all those areas across 50 countries, or if a modular approach with specialized providers might be more effective?

You're not wrong about the complexity. The biggest pitfall for us has been maintaining up-to-date beneficiary information across jurisdictions, especially with discretionary distributions. We've leaned heavily on a specialized compliance software that flags discrepancies and helps automate some of the cross-referencing, but it's still a significant manual effort.

Definitely tracking this. The de-risking trend is a huge headache, especially for smaller banks in affected regions. It's almost easier for them to just avoid certain corridors altogether.

For us, the biggest pro is the API integration capabilities many EMIs offer. It automates a lot of our financial operations, which traditional banks are often slow to adopt.

Are you only looking at pure API providers, or would you consider a platform that offers a more integrated suite? Sometimes an all-in-one can save a lot of headaches down the line, even if it means less granular control.