Moorwand onboards Kani Payments for smart back office innovation
Unlocking innovation with smart fintech reconciliation and reporting
LONDON, Wednesday 24th April 2019 - Moorwand, the international payments company and BIN sponsor, is working with Kani Payments, a Newcastle-based fintech providing reporting and reconciliation solutions, to enhance its reconciliation and reporting capabilities.
With its unique approach to BIN access and associated payment services, Moorwand has developed a simple and powerful service offering that works to break down barriers associated with current regulation and compliance. Integrating the Kani Reporting and Reconciliation solution into its internal reporting system will help Moorwand streamline back office processes and provide greater efficiencies for clients.
Kani’s Reporting and Reconciliation is a SaaS-based solution designed to open up new doors in back-office payment innovation for programme managers, issuing banks and other financial institutions that reconcile and move funds on a daily basis.
Robert Courtneidge, CEO, Moorwand, said: “Kani has come to market with a flexible and reliable solution that can be simply integrated into our system, making back-office processes more efficient. Working with Kani provides a new level of innovation so we can focus more on client relationships rather than time-consuming back office detail. Kani is offering a whole new perspective on R&R for Moorwand.”
Aaron Holmes, CEO, Kani Payments, said: “Moorwand is processor, bank and scheme agnostic like Kani, which makes our solution the perfect match to enhance their back-office processes, allowing them to focus on innovation of thier BIN sponsorship and e-money offerings. Kani’s solution can intake data from any party in almost any format and give a direct, readable and accurate visual to clients meaning that multiple integrations are a thing of the past.”
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About Moorwand
Moorwand Ltd. is an international business that provides payment services to merchants and customers in the EEA. They are licensed by the Financial Conduct Authority of the United Kingdom (license #500709) as a regulated Electronic Money Institution to issue electronic money (e-money) and provide payment services throughout EEA. They are principal members of Mastercard, Visa and UnionPay as an Issuer of payment cards and an Acquirer of payment transactions.
About Kani
Launched in 2018, Kani Payments has been built by a team of payment professionals with a vision to minimise capital outlay, ongoing costs and most importantly ensuring that all parties involved have the same level of clarity and understanding of their daily reconciliation and reporting.
Media Enquiries:
Moorwand
Sarah Broughton
T: 07890 463 063
Kani
Anthony Jarman
T: 0203 105 9022