Authority reporting compliance

Ensuring the timely and correct reporting to regulatory authorities is time consuming and often complex requiring a mix of skills and competences. Automating these tasks not only reduces cost but can also increase quality and reduce overall complexity as authority and industry can collaborate to improve on the report formatting to enable machine generated value population.

We at Sendex believe that we play a much-needed role of independent third party to coordinate and accommodate the different needs and to translate these into off-the-shelf solutions. As an example, we are proud of our “Authority Investigation Request” service tasked at automating the encrypted peer-to-peer interaction between investigating authorities and operators holding transaction style data such as SMS-messaging, call history and geographic position.

Automated industry peer settling

With its long history of industry peer collaboration, wonderful services have been created where customers can roam between networks both nationally and internationally. Building on the extensive experiences from payments within finance there is real opportunities to build reliable settlement consortiums based on proven structures. One possible application of this could be to solve cross-border and cross-carrier settlements that are reportedly a complicated and lengthy process replacing the need to outsource this to third parties due to their complexity.