September 10, 2019 — Celero’s ecosystem of fintech solutions for credit unions has expanded to include online international money transfer services through a partnership with Mobetize Corp., a B2B financial technology services company based out of Vancouver.
This partnership enables credit unions and other financial institutions to seamlessly connect Mobetize’s smartRemit – an international money transfer solution – to their core banking system using Celero’s Integration Service.
“We are always seeking fintech innovations that solve our clients’ market challenges and deliver better digital experiences for their members,” says Simon Vincent, Executive Vice President, Banking and Omnichannel Services and Solutions. “We partnered with Mobetize because they have a proven, innovative solution that addresses a market challenge for credit unions, which is enabling a fast and cost-effective way to send money globally.”
Delivering new value to members
Canadians transfer billions of dollars overseas every year – smartRemit improves the member experience of completing these transfers by eliminating the need for bank appointments, cumbersome forms or third-party involvement.
Credit unions can easily offer this international money transfer solution to members, through a dedicated and branded downloadable mobile app. Plans are also in place to integrate smartRemit within the credit unions’ digital banking solution. Delivering to over 160 countries, smartRemit’s multiple delivery methods makes it convenient for recipients to receive money, and the sender can keep track of the transfer.
“smartRemit was designed to streamline consumers’ international money transfer experiences, and through our partnership with Celero, we are taking that seamlessness to the next level,” says Ajay Hans, Chief Executive Officer, Mobetize. “Celero’s Integration Service is truly plug and play, so credit unions can easily implement smartRemit, quickly, easily and cost-effectively.”
To learn more about the Celero and Mobetize partnership, and to see smartRemit in action, join us at the Celero Fintech Conference in Montreal, taking place October 1 to 3, or visit celero.ca/fintech