The Challenge
Cross-border payments have to clear three bars at once: FX rates competitive enough to win volume, AML and KYC screening that satisfies every regulator in the corridor, and settlement across banking networks that were never designed to talk to each other. Getting any two of the three is straightforward; all three is the actual problem.
The Solution
Engineers now at WILLNEEDS worked on this at ChinaPayment during prior employment — real-time FX aggregation across liquidity providers, automated AML/KYC screening with configurable risk rules, smart routing that optimises for cost and speed, and multi-currency reconciliation and settlement. We list it because it is capability we can bring to a payments build, not because it was delivered under the WILLNEEDS name.