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NexPay Partners with Flagright to Boost Security and Compliance in International Student Payments

FinTechNexPay Partners with Flagright to Boost Security and Compliance in International Student Payments

NexPay, a FinTech company focused on reshaping international student payments, has partnered with Flagright to enhance security and compliance in real-time transaction monitoring. With the aim of simplifying and economizing the foreign exchange process for students and educational institutions, NexPay has integrated Flagright’s cutting-edge solutions. This collaboration enables international students to pay in their local currency, avoid credit card surcharges, and easily track and reconcile their payments.

NexPay faced challenges related to slow payment processing with batch-based systems, compliance with international financial regulations, and the need for precise risk management. Flagright’s impact has been transformative, providing faster payment processing, enhanced compliance through up-to-date sanctions screening, and a transparent and secure platform for global student payments. This collaboration showcases the effectiveness of Flagright’s solutions in addressing complex challenges in the financial industry.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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