White Label
As an API affiliate, embed the white-label model or launch co-branded debit cards and AI agents. Plug-and-play minimizes startup costs, streamlines operations, and reduces bureaucracy.
Visa and Leap Financial launch embedded remittance services, this solution enables Latin American banks, fintechs, retailers, and telcos to access the $155 billion remittance market, bolstering the digitalization, reducing costs, and enhancing financial inclusion.
Lionel Carrasco, Leap Financial’s Co-Founder
09.24 - Visa and Leap Financial Launch Embedded Remittance Services
As an API affiliate, embed the white-label model or launch co-branded debit cards and AI agents. Plug-and-play minimizes startup costs, streamlines operations, and reduces bureaucracy.
Diaspora can pay remittances funding through debit cards, credit cards, digital wallets, or cash at over 85,000 US retail locations, with state-of-the-art security and compliance technology.
Receiving partners in Latin America can track funding sources and provide accurate reports to local authorities. Leap Financial's platform enables data integration, loyalty programs, and boosts repeat usage.
Funds are instantly delivered to new or existing customers' bank accounts, cards, or mobile wallets.
You become an affiliate with the ability to further monetize local customers with new revenue streams.
Prevents money laundering and fraud by verifying the identities of sending customers within minutes. Utilizes a robust AML with Multi-jurisdictional compliance and anti-fraud tools.
A revenue-sharing model that lets affiliates set their own markups, enabling faster, more affordable transfers. Affiliates can adjust margins to better serve their customers.
Lola: facilitates remittances through voice and text commands on popular messaging platforms and makes remittances inclusive inclusive and accessible, especially for populations less familiar with traditional banking systems.
Virtual Agents platform powered by OpenAI to deploy ChatGPT-like bots ready to integrate legacy systems and proprietary data into customer conversations. Allowing users to open an account and more, just by chatting on WhatsApp or Telegram.
An AI assistant based on Lola Platform is secure because it is designed with privacy and security in mind. It does not store personal conversations or use them to improve its models. It also uses advanced encryption and security protocols to ensure that data is protected during transmission. Furthermore, it is programmed to avoid engaging in discussions about sensitive topics and to respect user privacy. It is also continuously updated and monitored to ensure it maintains the highest level of security and privacy protection.
Around 10 to 12 weeks depending on the projects scope, customization level, and the go-live adjustments.
Yes, you can customize your artificial intelligence assistant. Many AI platforms allow for customization and integration with your company's specific data and business processes. This can help the AI to better understand the context and specifics of your business, leading to more accurate and relevant responses. The speed of this customization can vary, but with the right resources and expertise, it can often be done relatively quickly. This can make your AI assistant a powerful tool for improving efficiency and productivity in your business.
AI assistants can typically speak and understand multiple languages. The most common languages include English, Spanish, French, German, Italian, Chinese, Japanese, and many others. However, the number and variety of languages can vary depending on the specific AI assistant. Some are designed to be multilingual, while others may only support a few languages.
We are looking forward to building several success case studies, so depending on the partners potential exposure or transaction volume, several partnership and pricing models may be available to move forward.
And let us show you how digitalizing remittances can add a revenue stream to your business