Flywire's competitive edge stemming from Vixio's specialized regulatory insights in the payments sector
In a strategic move aimed at navigating complex regulatory challenges, global payments enablement and software company Flywire has partnered with Vixio Regulatory Intelligence. This alliance equips Flywire with real-time, comprehensive, and actionable regulatory intelligence, enabling the company to thrive in highly regulated sectors such as education, healthcare, various B2B industries, and travel.
Vixio, a market-leading solution for payments compliance intelligence, offers a platform that delivers relevant regulatory information quickly and efficiently. This is crucial for Flywire, which operates in verticals where timely compliance is paramount.
Frans Wiwanto, managing director of APAC at Flywire, highlighted Vixio's unique focus on the payments industry and fintech, stating, "Vixio is a tool that is hyper-focused on the payments industry and fintech."
The partnership with Vixio allows Flywire to benefit from horizon scanning and expert analysis, trend analysis and impact evaluation, risk anticipation and opportunity prioritization, and tailored insights for complex sectors. These features empower Flywire to stay agile amid fast-evolving payment regulations worldwide, ensuring continuous compliance, avoiding costly non-compliance penalties, and maintaining a competitive edge.
Moreover, Vixio's deep industry knowledge and interactive tools help organizations like Flywire stay on top of a rapidly changing regulatory environment. The intelligence provided by Vixio enables Flywire to make more informed decisions when entering new markets.
Flywire values the responsiveness and dedication of the Vixio team, making the partnership a long-term, win-win relationship, as stated by Wiwanto.
It is worth noting that many compliance tools on the market are either generic or focused primarily on banking compliance. Flywire has found a regulatory monitoring tool tailored to their specific niche in Vixio Regulatory Intelligence.
Vixio differentiates itself with a hyper-focus on payments and a personalized approach, making it an ideal partner for Flywire. As a testament to their commitment, Vixio is an Event Partner of Open Banking Expo USA, where they can be found at Stand 9 in the Expo Hall on June 26 at the Hilton Midtown in New York.
In conclusion, the partnership between Flywire and Vixio Regulatory Intelligence equips Flywire with the tools necessary to navigate the complex regulatory landscape of their industries, ensuring they remain proactive and competitive in marketplaces heavily influenced by regulatory changes.
- Vixio's platform provides Flywire with real-time, comprehensive, and actionable regulatory intelligence, equipping the company to thrive in highly regulated sectors such as education, healthcare, various B2B industries, and travel.
- Frans Wiwanto, managing director of APAC at Flywire, emphasized Vixio's unique focus on the payments industry and fintech, stating that it is a tool that is hyper-focused on the payments industry and fintech.
- The partnership with Vixio allows Flywire to benefit from horizon scanning and expert analysis, trend analysis and impact evaluation, risk anticipation and opportunity prioritization, and tailored insights for complex sectors.
- Flywire values the responsiveness and dedication of the Vixio team, making the partnership a long-term, win-win relationship, as stated by Wiwanto.
- Vixio, as an Event Partner of Open Banking Expo USA, can be found at Stand 9 in the Expo Hall on June 26 at the Hilton Midtown in New York, showcasing its commitment to the payments and fintech industry.
