Real-time, end-to-end, identity verification systems check individuals involved in transfers against the most up-to-date compliance databases.
Route Trading is a software applications company, that provide for their customers solutions to deep-seated issues regarding the identification of individuals, their assets, and their movements. Route Trading enables banks and other financial institutions to take part in home remittance and other money transfer business with increased security and reduced risk. This $600bn+ sector is currently seen as troublesome, and many banks are losing revenue by limiting their exposure. MoneyRouter's real-time, end-to-end, identity verification system checks individuals involved in transfers against the most up-to-date compliance databases. Their system approves only the transactions that meet pre-set criteria. iDRouter is currently in development. It enhances security for nations and organizations by identifying individuals at all points on their route, using an end-to-end, real-time, identity verification system