There are trillions of dollars processed everyday by the world’s financial institutions that drives the global economy. The ability to offer robust and dependable processing solutions is the difference between success or failure in the eyes of your customers. Part of the puzzle is managing risk and compliance in an ever-increasingly complex global footprint. Being able to navigate this minefield into the future is the challenge for all financial institutions.
First Tree Ventures recognise the importance of this to our partners and customers, hence it is important to us. Our integrated approach to the management of the initial on-boarding process, including gathering the required Know-Your-Customer (KYC) documents and credentials necessary to meet (and exceed) any and all jurisdictional requirements that exist, is the start. We partner with one of the world’s leading specialist fraud and identity monitoring organisations. Our integrated solution(s) provides world-best capabilities to safeguard our customer’s processing performance.
First Tree Ventures are registered with AUSTRAC for the provision of remittance services, including payment processing services, digital currency exchange and gaming services. We operate with full transparency with all parties including AUSTRAC, our banking and acquiring partners, and technology partners are fully aware of our stringent approach to the management of risk compliance. We have sophisticated technologies that allow us to monitor customer payment activities to be able to detect, manager and control any fraudulent transactions, of any description. A vital part of the First Tree toolkit.
We work with our customers to achieve optimum levels of automation to better manage the necessary financial controls that enable increased throughput and accuracy. Our approach to managing risk is designed to minimise the possibility of loss, enhancing a businesses profitability and overall customer satisfaction levels through our ability to protect the customers brand and market reputation.