How to Build a Leaner, Smarter Money Service Business in 2025 April 28, 2025

In an era of rapid regulatory change, rising customer expectations, and digital disruption, how can money service businesses (MSBs)—companies that facilitate the transfer, exchange, or payment of money—not only survive but thrive?
In our recent webinar, we gathered our top experts and unpacked the most pressing challenges facing MSBs today and shared proven strategies to help you scale, streamline compliance, and embrace innovation.
Here are the top takeaways.
1. Scale Smarter with our All-in-one Hub
A major pain point for MSBs is integrating with multiple systems and partners from send and payout providers to value-add services like ID verification platforms, open banking tools, and payment gateways.
RemitONE Hub™ solves this by offering two flexible options: connect via a single API or use our ready-made interface. Either way, you gain instant access to a global network of payment companies with the likes of Visa, Mastercard, Orange, MoneyGram, and many more.
With access to over 2.5 billion bank accounts and 3 billion wallets, the RemitONE Hub™ gives you the tools to scale without stress. You stay in control of your payouts, partner terms, and operations—all from one place.
We’ll help match you with the right partners based on your target corridors and budget to help meet your goals. What normally takes years, we help you achieve it in a few months.
2. Shortcut to Launch into New Corridors
Expanding to new corridors can feel like a maze of licences, banks, and paperwork. But it doesn’t have to be that way.
With our Remittance-as-a-Service (RaaS), you can plug into our network of licensed partners across the UK, EU—and soon, the US and Canada. That means you can go live faster, spend less upfront, and stay fully compliant—without going it alone
3. Stay Compliant with Compliance Manager™ (COM)
Compliance and fraud prevention remain top priorities for MSBs. Our Compliance Manager™ (COM) automates 80% of those repetitive manual checks, runs real-time KYC/AML screening across 350+ global sanctions lists, and helps you monitor risk scores, transaction patterns, and suspicious activity.
And it’s not just for MSBs. For central banks and regulators, COM offers live visibility into incoming and outgoing remittance flows—making it easier to track volumes accurately and close those reporting gaps.
In short? You stay compliant, catch fraud early, and get to focus on growing your business.
4. Reduce Costs and Settlement Delays with Open Banking
We know how frustrating slow settlements and high fees can be—especially when you’re trying to keep things efficient. That’s why we support open banking. You can tap into direct bank-to-bank payments, which means faster processing times, fewer card-related fees, and reduced friction that often comes with traditional payment methods. We’ve already rolled this out across the UK and Europe through our partners, and it’s making a real difference.
Even in countries without open banking, we provide alternative integrations with local processors.
5. Offer Multifunctional Wallets for the Future of Finance
Let’s be honest—digital wallets aren’t optional anymore. They’re a core part of how people move money today, and we’re making sure our clients are ready for that shift.
We support everything from peer-to-peer transfers, bill payments, airtime top-ups, prepaid cards, and wallet-to-wallet transactions. Whether your customers are paying for groceries, sending money to family, or topping up Netflix—we’ve got it covered.
We’ve also made sure our wallets connect to telcos, banks, and blockchain partners all with compliance built in from the get-go.
It’s all part of how we’re helping MSBs stay relevant, inclusive, and ready for whatever comes next.
6. Leverage a Flexible Platform Built for Growth
One recurring theme throughout the webinar: flexibility is key. Whether you’re a startup finding your footing, a licensed MTO looking to scale, a send or payout partner, a central bank, or a sub-account issuer like an e-money institution, your needs will keep evolving. That’s why we’ve built our platform to move with you. Our white-label solution adapts to your regulatory landscape, your operations, and your goals—without locking you into one way of working.
Because here’s the thing: if your platform isn’t flexible, you can’t adapt. And if you can’t adapt, you’ll get stuck—while your competitors sprint ahead.
Worse still, you’ll waste valuable time patching together workarounds instead of moving forward. We’ve seen it too many times, which is why we’ve made it our mission to keep things open, partner-friendly, and ready for what’s next.
Real growth happens when your platform moves with you—not against you.
Ready to Future-Proof Your Business?
The remittance and payments landscape is shifting fast, and the businesses that thrive are the ones that stay agile, compliant, and connected.
At RemitONE, we’re not just building software. We’re helping MSBs grow smarter, launch faster, and operate with confidence, no matter where you’re headed next.
If any of these challenges sound familiar, or if you’re curious about what’s possible with the right tech and support behind you, we’d love to talk.
Book a free consultation call with our expert consultant or drop us an email for any questions at: sales@remitone.com
Related Posts
-
New White-Label Online Platform: Redesigned to Scale Customer Loyalty and Growth
Add powerful money transfer capabilities to your website — without the complexity. Our new Online Remittance Manager (ORM) is a…
April 28, 2025 -
Trump’s Threats to Cross-Border Payments: What It Means for Your Business
It’s been a short while since Trump stormed back into office, and he’s already shaken things up with his hard-hitting…
March 18, 2025 -
RemitONE Partners with Ding to Bring Global Mobile Top-Up Solutions to Its Platform
RemitONE, the leading global provider of money transfer technology, is proud to announce its partnership with Ding, the world’s leading…
March 5, 2025 -
RemitONE Webinar: Future-Proof Your Money Service Business
Future-Proof Your Money Service Business: Tech-Driven Solutions to Cut Costs, Boost Transactions, and Drive Growth, Tuesday 8th April at…
February 24, 2025 -
Unlock Faster, More Secure Payments with RemitONE’s Open Banking Solution
We’re excited to introduce the latest enhancement to our RemitONE Money Transfer Platform: the RemitONE Open Banking Solution. Competitively priced…
January 31, 2025 -
How to Expand Your SEND Operations in the UK and Europe—Without the Regulatory Hassle
The remittance market in Europe is valued at €133.7 billion annually, with the UK market contributing an additional £23 billion.
January 31, 2025