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Is This Emerging Indian Fintech Disrupting Global Money Transfer Ecosystem?

Key Takeaways:

  • Fable Fintech, a Mumbai-based start-up, is disrupting the global money transfer ecosystem with its innovative technology for banks and money transfer operators.
  • The company’s system is currently processing transactions in over 60 countries with partnerships with several global payment gateways.
  • Fable Fintech has integrated its services with 3rd party verification companies to ensure strict verifications against OFAC/SDN/PEP watchlists and for AML/CFT compliance.
  • Founder Hershel Asmani aims to revolutionize the remittance industry with seamless and efficient money transfer solutions.

Introducing Fable Fintech, an innovator of financial services, particularly in the arena of global money transfer. Residing in Mumbai, Maharashtra, India, the company has successfully landed their mark in the Fintech and IT industries, creating ripples that promise continuous growth and continued disruption. This emerging startup commits to providing a seamless and efficient money transfer system designed for banks, money transfer operators, and payment banks eager to launch their digital remittance businesses.

Driven by the vision of its founder, Hershel Asmani, Fable Fintech is spearheading change in global remittances, aiming for an optimal, fast, and secure transfer of funds. They have positioned themselves strategically in the rapidly evolving Fintech industry by prioritizing seamless transaction processing capabilities. Fable Fintech has succeeded in making its technology operational in over 60 countries worldwide, setting a mark in the global financial ecosystem.

One unique aspect of Fable Fintech lies in their established partnerships with global payment gateways. This has boosted their ability to process transactions smoothly, positioning the company as a pivotal player in its industry. But what truly sets Fable Fintech apart is its commitment to security and compliance. They have integrated their system with third-party verification companies that vet every customer against several watchlists like OFAC, SDN, PEP to ensure Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) compliance.

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Moreover, Fable Fintech’s approach to facilitating international money transfers is a shift from traditional methods, proving that the company is not just part of the industry, but actively shaping its future. Their innovations contribute to the further advancement of the global Fintech ecosystem – a move that is already causing other players to take note and adjust their strategies.

As Fable Fintech carves out its spot in the remittance landscape, we can only anticipate further disruption from Hershel Asmani and his team. They aim to keep delivering end-to-end, advanced, and safe global money transfer solutions that challenge the status quo. The world of remittances is shifting, and Fable Fintech is leading the charge.

You can follow Fable Fintech’s progress by visiting their website at https://www.fablefintech.com/ or checking out their LinkedIn page at https://www.linkedin.com/company/fablefintech/

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