InfinityRemit

InfinityRemit

Kreativ Web Solutions
Sila

Sila

5.0 out of 5 stars
InfinityRemit Sila

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InfinityRemit:

About

InfinityRemit is a B2B remittance operations platform for money transfer operators and financial-services businesses. It brings transfer capture and status tracking, branch roles and permissions, corridor fees and delivery routing, compliance review workflows, and financial controls into one operating system. Teams can record sender and recipient details, configure currency corridors and payout methods, track branch prefunding, and review ledger journals and statements. The platform supports sanctions and politically exposed person screening workflows and records review decisions. Provider integrations for collections, KYC, and payouts are scoped to the operator’s chosen providers and may require onboarding, configuration, and testing. InfinityRemit also describes business account platforms and branded remittance websites as offerings in development. Customers remain responsible for their own financial authorizations.
Sila:

About

Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers. Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3. Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon.
InfinityRemit:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Sila:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
InfinityRemit:

Audience

Money transfer operators, remittance businesses and financial-services companies with branches or agents.
Sila:

Audience

Fintech , Crypto, Web3, embedded finance, banking-as-a-service
InfinityRemit:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
Sila:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
InfinityRemit:

API

Offers API Not Supported
Sila:

API

Offers API Supported
InfinityRemit:

Screenshots and Videos

No images available
Sila:

Screenshots and Videos

InfinityRemit:

Pricing

Pricing is quoted after scoping your branches, markets, providers and rollout needs. Scope may include integration work, data migration, training and support; third-party providers may charge separate fees.
Free Version Not Supported
Free Trial Not Supported
Sila:

Pricing

Ask sales
Free Version Supported
Free Trial Not Supported
InfinityRemit:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
Sila:

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.5 / 5
design 5.0 / 5
support 5.0 / 5
Sila:

Pros & Cons from Real Users

Pros

  • The basic features are there to use, and the complex features can be easily be implemented with their extensive documentation and onboarding support.
  • 1. Organized and transparent onboarding and diligence process 2. API is well-documented and robust 3. The Sila team and the level of support and service they provide is the best we've seen in the space. 4. Sila acts and operates as a true partner

Cons

  • Complex scenarios can be tricky, so you need to involve onboarding support.
  • When I find one I'll post it - the partnership has been incredibly positive.
InfinityRemit:

Training

Documentation Not Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Sila:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported
InfinityRemit:

Company Information

Kreativ Web Solutions
Founded: 2010
India
infinityremit.com
Sila:

Company Information

Sila
Founded: 2018
United States
silamoney.com
InfinityRemit:

Alternatives

RemitSend

RemitSend

MatchMove
Sila:

Alternatives

Cybrid

Cybrid

Cybrid Technology Inc.
InfinityRemit:
Remitz

Remitz

Kreativ Web Solutions
Sila:
InfinityRemit:
Sila:
SiLAS

SiLAS

SILAS
InfinityRemit:
Sila:
SILA

SILA

Gustafsson Cyber Group Ltd
5.0 out of 5 stars
InfinityRemit:
Sila:
InfinityRemit:

Categories

Money Transfer Supported
Sila:

Categories

AML Supported
B2B Payment Supported
Banking Supported
Compliance Supported
Crypto APIs Supported
Digital Wallets Supported
Embedded Finance Supported
Embedded Payments Supported
Finance Supported
Financial Services Supported
Fraud Detection Supported
KYC Supported
Mobile Banking Supported
Money Transfer Supported
Payment Gateways Supported
Payment Processing Supported
Sila:

AML Features

Behavioral Analytics Supported
Case Management Not Supported
Compliance Reporting Supported
Identity Verification Supported
Investigation Management Not Supported
PEP Screening Not Supported
Risk Assessment Supported
SARs Supported
Transaction Monitoring Supported
Watch List Supported

Banking Features

ATM Management Not Supported
Compliance Tracking Supported
Corporate Banking Not Supported
Credit Card Management Not Supported
Credit Union Not Supported
Investment Banking Not Supported
Multi-Branch Not Supported
Online Banking Supported
Private Banking Not Supported
Retail Banking Not Supported
Risk Management Supported
Securities Management Not Supported
Transaction Monitoring Supported

Billing and Invoicing Features

Billing Portal Not Supported
Contact Database Not Supported
Contingency Billing Not Supported
Customer Portal Not Supported
Customizable Invoices Not Supported
Dunning Management Not Supported
Hourly Billing Not Supported
Invoice History Not Supported
Mobile Payments Supported
Multi-Currency Not Supported
Online Invoicing Not Supported
Online Payments Supported
Payment Processing Supported
Project Billing Not Supported
Recurring/Subscription Billing Supported
Service Ticket Billing Not Supported
Tax Calculator Not Supported

Business Bank Accounts Features

Bank Wires Not Supported
Bill Pay Supported
Billing & Invoicing Supported
Business Credit Cards Not Supported
Checking Account Supported
Checks Not Supported
Expense Management Not Supported
Instant Payouts Supported
No Fee Payments Not Supported
Rewards Not Supported
Savings Account Not Supported
Spend Management Not Supported

Compliance Features

Archiving & Retention Not Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Not Supported
Controls Testing Not Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
Incident Management Not Supported
ISO Compliance Not Supported
OSHA Compliance Not Supported
Risk Management Supported
Sarbanes-Oxley Compliance Not Supported
Surveys & Feedback Not Supported
Version Control Not Supported
Workflow / Process Automation Supported

Financial Reporting Features

"What If" Scenarios Not Supported
Audit Trail Not Supported
Balance Sheet Not Supported
Cash Management Not Supported
Consolidation / Roll-Up Not Supported
Forecasting Not Supported
General Ledger Supported
Income Statements Not Supported
Multi-Company Not Supported
Multi-Department / Project Not Supported
Profit / Loss Statement Not Supported

Financial Services Features

Analytics Not Supported
Branch Optimization Not Supported
Channel Management Not Supported
Compliance Management Not Supported
Customer Engagement Not Supported
Performance Management Not Supported
Risk Management Supported

Fraud Detection Features

Access Security Management Not Supported
Check Fraud Monitoring Not Supported
Custom Fraud Parameters Supported
For Banking Supported
For Crypto Supported
For eCommerce Supported
For Insurance Industry Supported
Internal Fraud Monitoring Supported
Investigator Notes Not Supported
Pattern Recognition Supported
Transaction Approval Supported

Mobile Banking Features

Bill Payment Supported
Biometric Not Supported
Cash Management Not Supported
Chat / Messaging Not Supported
Cross Selling Functionality Not Supported
Digital Wallet Supported
P2P Payments Supported
Remote Deposit Supported
SMS Banking Supported
Transaction Monitoring Supported
Voice Banking Not Supported

Payment Gateways Features

ACH / eCheck support Supported
Buyer Authentication Supported
Credit / Debit Support Supported
Customer Information Storage Supported
Fraud Prevention Supported
Invoicing Supported
Multi-Currency Not Supported
PCI Compliance Supported
Point-of-Sale (POS) Supported
Recurring Billing / Subscriptions Supported
Reporting / Analytics Supported

Payment Processing Features

ACH Check Transactions Supported
Bitcoin Compatible Supported
Debit Card Support Supported
Gift Card Management Not Supported
Mobile Payments Supported
Online Payments Supported
POS Transactions Supported
Receipt Printing Not Supported
Recurring Billing Supported
Signature Capture Not Supported
InfinityRemit:

Integrations

Alloy Not Supported
Alloy Not Supported
Checkout.com Not Supported
Codat Not Supported
Currencycloud Not Supported
Ethereum Not Supported
Finicity Not Supported
Jumio Not Supported
Lithic Not Supported
MX Not Supported
Maqetta Not Supported
Mercury Not Supported
MoonPay Not Supported
Pinwheel Not Supported
Sardine Not Supported
ServiceBell Not Supported
TrueAccord Not Supported
Unit21 Not Supported
Vesta Not Supported
Yodlee Not Supported
Sila:

Integrations

Alloy Supported
Alloy Supported
Checkout.com Supported
Codat Supported
Currencycloud Supported
Ethereum Supported
Finicity Supported
Jumio Supported
Lithic Supported
MX Supported
Maqetta Supported
Mercury Supported
MoonPay Supported
Pinwheel Supported
Sardine Supported
ServiceBell Supported
TrueAccord Supported
Unit21 Supported
Vesta Supported
Yodlee Supported
InfinityRemit:
Claim InfinityRemit and update features and information
Claim InfinityRemit and update features and information
Sila:
Claim Sila and update features and information
Claim Sila and update features and information