Intermex forms data and intel collaboration with our platform announced
Intermex, a leading omnichannel money transfer service provider, has announced a strategic partnership with a market-leading provider of cross-border payments data and intelligence. This collaboration aims to optimize Intermex's global operations by leveraging advanced data insights to improve payment flows, increase operational efficiency, and better target cross-border remittance corridors.
Founded in 1994, Intermex enables consumers to send money from the United States, Canada, and Europe to more than 60 countries through its network of agent retailers, Company-operated stores, mobile app, and website. The partnership will empower Intermex to enhance its pricing strategy, ensuring satisfaction and value for its consumers.
Ben Disley, Head of Commercial at the data provider, expressed confidence that the partnership will support Intermex in providing a comprehensive omnichannel experience for its consumers. The partnership will provide Intermex with market-leading remittances benchmarking pricing data via a sophisticated pricing platform. This data will offer invaluable insights into pricing trends, enabling Intermex to benchmark its services against competitors.
The partnership will also enable Intermex to refine routing and pricing strategies for money transfers, improving speed and cost-effectiveness for customers. It will enhance risk management and regulatory compliance through better fraud detection and monitoring informed by real-time intelligence. The partnership will also expand market reach and personalization by identifying new growth opportunities and tailoring services to customer needs based on comprehensive payment data analytics.
Intermex's Chief Digital, Product & Marketing Officer, Marcelo Theodoro, emphasized the company's commitment to offering its services at a just and equitable price. He believes that the hard work consumers put into every dollar they remit and the profound impact of each dollar on the lives of their loved ones should be reflected in the company's services.
The data provider's cross-border payments pricing datasets provide insights into pricing, speed, and product capabilities across more than 25,000 corridors, spanning over 700 providers across 110+ countries. This partnership underscores the provider's commitment to empowering payment providers with the knowledge needed to thrive in competitive and evolving markets.
Interested individuals can subscribe to the provider's newsletter, the most widely read in the cross-border payments market globally, for updates on the partnership and other industry news. For more information about Intermex, visit www.intermexonline.com.
The partnership between Intermex and the market-leading provider of cross-border payments data and intelligence will equip Intermex with technology-driven insights through the use of a sophisticated pricing platform, enabling them to enhance their pricing strategy and improve their services. This technology will allow Intermex to benchmark its services against competitors, refine routing and pricing strategies, and expand market reach by identifying new growth opportunities and tailoring services to customer needs.
