Jan 08, 2016
Clear View Systems Ltd. (CVS) announces that it will be releasing CurrencyXchanger 5 (CXR5), the next version of its popular money exchange software later this year. CXR5 will be packed with a hundred new features including a new array of AML (Anti-Money-Laundering) and ATF (Anti-Terrorist-Financing) enhancements.
“Amongst the most requested features for Canadian customers is FINTRAC batch-reporting similar to what the banks use,” said Tiran Behrouz, president and CTO of Clear View Systems. “FINTRAC is the Financial Transactions and Reports Analysis Centre of Canada, the government authority that tracks and deter money laundering and terrorist financing. All money exchange businesses, are required to file and report specific transactions. These reports can be very time consuming and costly to prepare. We will soon be adding similar reporting for US, Australia and UK customers.”
About CVS – Established in 2003, Clear View Systems Ltd. (CVS) develops currency exchange software for the money service industry.