Unnax Regulatory Services
Some of the key features and services offered by Unnax Regulatory Services include:1. Open Banking Platform: Unnax provides businesses with a secure and reliable open banking platform that allows them to access financial data from their customers. This data can be used for various purposes such as credit scoring, risk assessment, and personalized financial services.2. Account Aggregation: Unnax enables businesses to aggregate financial data from multiple sources, including bank accounts, credit cards, and investment accounts. This allows businesses to have a comprehensive view of their customers financial situation and make more informed decisions.3. Payment Initiation: Unnax offers payment initiation services, allowing businesses to initiate payments directly from their customers bank accounts. This can be used for various purposes such as collecting payments, making refunds, and facilitating peer-to-peer transfers.4. Direct Debit: Unnax provides businesses with the ability to set up and manage direct debit mandates. This allows businesses to collect recurring payments from their customers bank accounts, making it easier to manage cash flow and improve customer convenience.5. Compliance and Regulatory Support: As an authorized electronic money institution, Unnax ensures compliance with relevant regulations and provides businesses with the necessary tools and support to meet regulatory requirements. This includes features such as identity verification, anti-money laundering checks, and transaction monitoring.6. Developer-friendly APIs: Unnax offers a range of APIs that are designed to be developer-friendly and easy to integrate into existing systems. This allows businesses to quickly and efficiently access and utilize financial data and payment services.Overall, Unnax Regulatory Services provides businesses with a comprehensive open banking platform that enables them to access financial data, initiate payments, and improve customer experiences. By leveraging modern payment solutions and complying with regulatory requirements, businesses can streamline their operations and provide innovative financial services to their customers.