We are excited to announce that LastMile blockchain solution has been shortlisted among Top 3 nominations for “Best Banking Technology” title under Payment & Fintech Awards category, at the 9th Edition of India Digital Awards 2019 presented by IAMAI.
The 9th Edition India Digital Awards presented by IAMAI recognizes and rewards organizations, teams, and practitioners who have surpassed landmarks and delivered successful business outcomes using digital as a medium.
About LastMile Blockchain Solution:
LastMile is a multi-country, multi-currency, omni-channel, block-chain-ready cross-border remittance platform developed by Avenues Payments India Pvt. Ltd. By using LastMile, banks can manage its vostro business generated from other banks, exchange houses, digital money transfer operators and licensed money service businesses globally.
The LastMile platform has recently been integrated with Ripple and it is being used by Kotak Mahindra Bank. Banks can onboard various exchange houses and manage the payment instructions received from exchange houses/ customers and settle funds to designated beneficiaries bank account. The software platform also includes allied services such as Anti-Money Laundering checks, KYC Checks, Technology Services and any other service offered by Avenues Payments India Pvt. Ltd.and accepted by the Bank.