Lexpro Exchange leverages state-of-the-art technology to deliver a remittance service that is efficient, secure, and transparent. Our platform is powered by industry-leading solutions that streamline operations and enhance trust at every step. By integrating ExHub and Ellisa into our backend, we’ve built a remittance system that is both powerful and user-friendly.
ExHub – All-in-One Remittance Platform
ExHub is the engine running our remittance operations. It’s a comprehensive platform that consolidates everything from transaction processing to compliance reporting.
AUSTRAC Reporting
We automate routine tasks and eliminate errors. For example, regulatory reports to AUSTRAC can be generated and submitted in seconds, ensuring timely and error-free compliance.
Rates Competitive
We keep our rates competitive. ExHub monitors market exchange rates and competitors in real time
foxreports.com, allowing us to adjust and always offer fair, up-to-date pricing to our customers.
ExHub Studio
We scale efficiently. The platform’s robust back-office tools (ExHub Studio) enable us to handle growing transaction volumes without compromising on speed or accuracy. Setting up customer profiles and orders is quick and streamlined, meaning we can serve you faster.
Ellisa – Intelligent Compliance & Risk Monitoring
Ellisa is our AI-driven compliance guardian. This system continuously scans transactions and customer profiles to detect any signs of risk
Sanctions & Watchlist Screening
Ellisa cross-checks every transaction against over 190 global sanctions and PEP watchlists in real time
foxreports.com. This comprehensive screening ensures we never process a transfer that violates international regulations.
Fraud Detection
Through advanced pattern recognition and machine learning, Ellisa achieves over 84% accuracy in identifying potentially fraudulent activity. It learns from vast datasets to flag anomalies while minimizing false alarms, so legitimate customers experience no unnecessary delays.
Real-Time Alerts
If Ellisa detects something suspicious – like unusual transfer amounts or patterns – it sends instant alerts to our compliance teamfoxreports.com. This proactive approach allows us to investigate and intervene immediately, adding an extra layer of protection for our customers and our business.
ID Fox – Seamless Identity Verification
For onboarding and KYC, we employ the ID Fox service
ID Fox API-Based Identity
ID Fox is a secure API-based identity verification tool. It uses biometric checks and document verification to confirm a customer’s identity swiftly. For example, it can verify the authenticity of a passport or driver’s license within seconds by cross-referencing official data.
ID Fox KYC
By integrating ID Fox into our signup process, we make verifying your identity easy and quick. You simply upload a photo of your ID and perhaps take a selfie for likeness matching – ID Fox handles the rest. This not only keeps us compliant with KYC rules but also spares you from manual paperwork or in-person verification.
ID Fox Checks
ID Fox also checks against high-risk markers (like if an ID is from a sanctioned country or reported lost), adding another safety net.
User Empowerment Through Technology
Our investment in ExHub, Ellisa, and ID Fox isn’t just about back-end efficiency – it directly benefits you as the customer. Thanks to these tools, we offer:
1
An intuitive online portal where you can manage your profile, initiate transfers, and view your transaction history at any time.
2
Self-service features like uploading documents and checking transfer status without needing to call support.
3
Fast turnaround on compliance checks, so there’s minimal waiting time for your transfers to be approved.
By harnessing modern fintech solutions, Lexpro Exchange is building the future of remittance. We believe technology and transparency go hand in hand. When you use our service, you’re not only getting speed and convenience – you’re also getting the confidence that every tool at our disposal is working to keep your money safe and your experience top-notch.
