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XREX Group Ventures into RegTech with Anti-Fraud Wallet Query Tool XRAY

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TAIPEI, June 26, 2024 /PRNewswire/ — XREX Group, a blockchain-enabled financial institution, announced its official entry into the regulatory technology (RegTech) industry by launching XRAY, a blockchain wallet address query tool. The first phase releases include two free versions, the Standard and the Advanced, available via the XRAY LINE chatbot. Several prosecutors and law enforcement professionals in Taiwan have already tested XRAY before the announcement, using it to enhance the efficiency and accuracy of their investigation into fraud, money laundering, organized crime, sanctions, and hacking cases involving cryptocurrencies.

As one of the first law enforcement officers to test XRAY, Chien-Lung Lin, Director of the High-Tech Crime Center at the Criminal Investigation Bureau under Taiwan’s National Police Agency stated, “XRAY can provide wallet information immediately, which is very helpful for initial assessments. If the wallet address belongs to a specific exchange, its name will also be displayed, benefiting the next steps in our investigation. Currently, the maximum query for each batch is 10 wallet addresses, and we look forward to XRAY offering large-scale batch queries in the near future.”

Everyone can register and use XRAY’s free Standard version by adding the XRAY chatbot on LINE after passing verification. By sending one wallet address or a batch of addresses to the chatbot, the chatbot will immediately respond and accurately identify if the particular wallet belongs to any domestic and international exchanges, as well as display the balance and types of crypto assets stored in it. The initial list of recognized Taiwanese exchanges on XRAY includes, but is not limited to: XREX, BitoPro, Maicoin, MAX, ACE, Hoya Bit, Rybit, and BITGIN. Global exchanges include Binance, OKX, Huobi, Bybit, Crypto.com, BingX, Bitfinex, Coinbase, and Kraken. Fill in the application form to request access to the XRAY Standard version.

The Advanced version of XRAY, which involves further criminal intelligence, is currently available only to law enforcement, regulatory agencies, government officials, and compliance officers in banks, electronic payment services, and exchanges. This version provides additional information on the risk level and risk attribution associated with the queried wallet address, such as scams, fraud, money laundering, organized crime, sanctions, and hacking. Fill in the application form to request access to the XRAY Advanced version.

XRAY helps law enforcement precisely retrieve data from exchanges and assists regulatory agencies in studying the behavioral patterns of fraud, money laundering, and illegal cryptocurrency activities across various exchanges. It also aids compliance officers in banks and exchanges assess the risk levels of specific cryptocurrency transactions.

“XRAY focuses on identifying Asia’s crime patterns, particularly fraud and money laundering, which are less emphasized in blockchain intelligence tools from Europe and the US. XRAY will fill this gap,” said Wayne Huang, XREX’s Co-founder and Group CEO.

Since its establishment in 2018, XREX Group has successively launched the XREX crypto-fiat exchange, stablecoin payment platform XREX Pay, and the white-label exchange service. XRAY is the group’s fourth product line. Last month, XREX hinted at its commitment to RegTech innovation by announcing an investment from Tether, the world’s largest stablecoin issuer. The LINE chatbot is the first phase of XRAY’s release, with a web version and API integration planned for the second phase.

“XRAY leverages blockchain’s open and immutable nature to establish a regulatory technology infrastructure, which enables the reporting, alerting, and monitoring of illegal activities. This is our obligatory social responsibility. We invite like-minded members of the blockchain space from Taiwan and beyond, to be a part of our XRAY Community, and join us in our fight against global fraud,” said Sun Huang, XREX Chief Security Officer and General Manager.

XREX plans to collaborate with the Taiwan FinTech Association to integrate XRAY’s anti-fraud and anti-money laundering technology into the association’s Financial Crime Prevention Task Force. This initiative aims to establish a suitable real-time monitoring and joint defense mechanism for digital asset platforms, financial institutions, law enforcement, and regulatory agencies across Taiwan and Asia.

“Only by effectively eliminating the dark side of the cryptocurrency industry can we confidently embrace the bright side of blockchain technologies,” said Jaclyn Tsai, the Honorary Chairwoman of the Taiwan FinTech Association and Chief Advisor of the Taiwan Virtual Asset Service Provider (VASP) Association. “Preventing, intercepting, stopping, and punishing fraud and scams requires public-private collaboration across sectors. The launch of XRAY by XREX is an exemplary model of this approach.”

About XREX Group
XREX Group is a blockchain-enabled financial institution working with banks, regulators, and users to redefine banking together. We provide services to businesses in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide.

Founded in 2018, XREX offers a full suite of services such as digital asset custody, wallet, cross-border payment, fiat-crypto conversion, cryptocurrency exchange, asset management, and fiat currency on-off ramps.

Sharing the social responsibility of financial inclusion, XREX leverages blockchain technologies to further financial participation, access, and education.

XREX Singapore operates under the Major Payments Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). XREX Taiwan completed its Compliance Statements on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) with Taiwan’s Financial Supervisory Commission (FSC) in March 2022 and is a regulated VASP.

CONTACT: Yoyo Chih Wei Yu, yoyoyu@xrex.io

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SOURCE XREX Inc.

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Bringg Dynamic Delivery Slots increases cart conversion and customer loyalty with accurate eCommerce delivery promises

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New Bringg Platform extension dynamically prevents overbooking and maximizes fleet utilization for retailers and logistics providers

CHICAGO, April 22, 2025 /PRNewswire/ — Bringg, the last-mile solutions leader, today announced its newest platform extension, Dynamic Delivery Slots. Now, shippers can offer precise delivery windows during eCommerce checkout to increase customer loyalty and compete.

Seventy-nine percent of consumers say they will not purchase from a brand again if they have a poor delivery experience. Anything other than on-time-delivery negatively impacts future loyalty.

Bringg’s new extension makes accurate delivery promises possible. It instantly and continuously evaluates both internal and external variables, including real-time capacity, order requirements, and driver compliance attributes, customer profiles, service area, service level agreements (SLAs), and blackouts.

With Bringg Dynamic Delivery Slots, shippers:

Automate accurate delivery options: Real-time, accurate delivery options improve cart conversion and customer satisfaction.Optimize fleet utilization: In-cart calculation of available capacity, alongside enforced blackout periods down to the hour, prevent overbooking, order cancellations, reschedules, and fleet underutilization.Invent new business drivers: Use delivery-slot insights to influence customer cart choices; for example: discount underutilized slots, consolidate orders in the same service area with eco-friendly branded delivery options, or incentivize repeat customers with preferred slots.

“Leading retailers recognize that last-mile success comes from delivering perfect customer experiences, while reducing costs,” comments Guy Bloch, CEO of Bringg. “Dynamic Delivery Slots help them do just that.”

About Bringg
Global retailers and logistics providers reduce costs and deliver differentiated customer experiences with Bringg Last-Mile Solutions. Through Bringg’s modular technology platform, integrated fleet network, and services suite, leading retailers automate processes, optimize order delivery, and invent new business models. Unlock flexibility at scale. Any order. Any fleet. Delivered. www.bringg.com

Naomi Whittome
Senior PR & Business Director
GingerMay
naomi.whittome@teamgingermay.com

This release was issued through WebWire®. For more information visit http://www.webwire.com.

View original content:https://www.prnewswire.co.uk/news-releases/bringg-dynamic-delivery-slots-increases-cart-conversion-and-customer-loyalty-with-accurate-ecommerce-delivery-promises-302434981.html

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Reinvent Telecom Strengthens Support for NetSapiens-Powered MyCloud UCaaS Solution

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White-label Multiplatform Cloud Communications Provider Reinforces Engineering Team with NetSapiens Platform Experts

SCOTTSDALE, Ariz., April 22, 2025 /PRNewswire/ — Reinvent Telecom, a provider of wholesale unified communications, collaboration and contact center solutions, today announced the strategic addition of industry veterans with deep expertise in the NetSapiens unified communications platform to its engineering and sales support teams.

These appointments reflect Reinvent’s expanding investment in NetSapiens support while continuing its long-standing leadership and technical depth on the Metaswitch platform.

Reinvent recently added three seasoned professionals—Michael McIntosh, Tammy Trejo and Scott Fertig—to strengthen its NetSapiens knowledge base and support for partners reselling MyCloud UCaaS, Reinvent’s next-gen, NetSapiens-powered solution, which was launched in August 2024.

“Reinvent has supported Metaswitch partners for years with a reputation for depth and reliability. Now, we’re building a NetSapiens powerhouse as well. The additions of Michael, Tammy and Scott send a clear message: Reinvent is committed to delivering a world-class partner experience with the strongest possible bench,” said Justin Catlett, President of Reinvent Telecom. “Together, these new team members bring more than eight decades of experience in telecom and nearly 20 years working with NetSapiens. Their cumulative expertise directly benefits our partners through faster support, smoother onboarding and greater confidence in scaling their businesses.”

Meet the Experts:

Michael McIntosh, Sales Engineer — With more than 30 years in the telecom industry and five years of direct experience with the NetSapiens platform, McIntosh brings a rare combination of technical engineering, client consultation and solution design skills that enable him to bridge the gap between engineering and sales. In his role at Reinvent, McIntosh works closely with Reinvent’s sales teams, resellers and customers to design and implement the MyCloud UCaaS platform. Most recently, McIntosh was an onboarding specialist with SkySwitch/BCMOne. Previously, he held roles at telecom providers in the U.S. and U.K., specializing in VoIP systems engineering and strategic client engagement.Tammy Trejo, VoIP II Engineer — Trejo brings 40 years of experience in telecommunications and seven years of hands-on work with the NetSapiens platform. She’s known for her deep troubleshooting capabilities and operational efficiency—qualities that significantly enhance Reinvent’s support team and partner-facing resources. In her role at Reinvent, Trejo supports reseller partners by installing and troubleshooting NetSapiens-based devices, connections, systems and applications to ensure seamless performance and fast issue resolution. During her career, Trejo has held technical and operations roles at companies such as Absolute Communications and Network Solutions, Innovative Communications Systems Advanced Telecommunications and more.Scott Fertig, Core Voice Engineer — With more than five years of direct NetSapiens experience and more than 10 years in telecom, Fertig brings a powerful mix of platform-specific knowledge and systems infrastructure expertise. As the newest member of the Voice Core team, Fertig is responsible for all key engineering aspects of the Reinvent NetSapiens deployment to ensure industry-standard reliability for our customers. In addition, his expertise and experience with the platform have been instrumental in accelerating the organization’s ability to achieve first-time resolution of technical issues. Fertig previously worked at Community Fiber Solutions and Benton Ridge Telephone Company, where he operated in local exchange environments and managed backend systems and network operations.

Reinvent’s expanded team helps partners accelerate deployments, optimize their services and confidently grow their customer base using the MyCloud UCaaS platform.

The additions reinforce the company’s commitment to delivering the same high level of support and enablement on the NetSapiens platform that partners have come to expect on the company’s Metaswitch platform.

Reinvent Offers Multiplatform Expertise
Reinvent stands apart as a trusted multiplatform cloud communications provider, offering partners the choice of Metaswitch and NetSapiens platforms. This flexibility allows Reinvent’s reseller community to evolve at their own pace, whether continuing with a familiar foundation or migrating to a future-focused environment.

“Reinvent has long been recognized as a leader in supporting Metaswitch-based solutions, and with the addition of this deep NetSapiens expertise, we’ve solidified our position as a true multiplatform provider,” said Catlett. “Whether partners prefer to continue with Metaswitch or scale quickly on NetSapiens, we offer the experience, support and stability they need to succeed in a changing market.”

Reinvent’s commitment to supporting both platforms gives partners business continuity and choice, backed by decades of engineering expertise, regulatory support and a partner-first approach to service delivery.

For more information about Reinvent’s MyCloud UCaaS solution and partner programs, meet the Reinvent team at the 2025 Robin Robins IT Sales & Marketing Bootcamp, April 22-24, at the Hilton Anatole in Dallas. Or visit www.reinventtelecom.com/partners or call/text 888.704.7346.

About Reinvent Telecom 
Reinvent Telecom, a division of Saddleback Communications, operates a private-label communications platform that empowers its white-label wholesale and co-branded partners to transform their businesses into next-generation cloud-based communications service providers. Reinvent enables its reseller partners to deliver reliable, high-quality Unified Communications as a Service (UCaaS), Conferencing and Collaboration, Contact Center as a Service (CCaaS), Business Messaging, Direct Routing for Microsoft Teams and SIP trunking services. Reinvent’s solutions are all built on proven platforms and backed by Saddleback Communications, a stable, profitable Incumbent Local Exchange Carrier and a wholly-owned enterprise of the Salt River Pima-Maricopa Indian Community (SRPMIC). Reinvent’s powerful turnkey solutions are managed from quote to compensation through its proprietary Reinvent Partner Portal (RPP), enabling its reseller partners to generate revenue quickly and build a successful cloud voice business while keeping full ownership and control of their customers. For more information, visit us at www.reinventtelecom.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/reinvent-telecom-strengthens-support-for-netsapiens-powered-mycloud-ucaas-solution-302434925.html

SOURCE Reinvent Telecom

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Fraud.net Unveils “Policy Monitoring” to Strengthen Risk Management and Policy Compliance

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NEW YORK, April 22, 2025 /PRNewswire/ — Fraud.net is proud to announce the launch of Policy Monitoring, an innovative solution designed to help businesses proactively manage merchant policy compliance and contractual risks. It empowers organizations to mitigate threats, enhance efficiency, and reduce operational costs while ensuring merchant adherence to policy terms.

Policy Monitoring’s intelligent rules and anomaly detection capabilities work together to detect both policy threshold breaches and unusual patterns, offering a comprehensive and proactive approach to managing merchant risk. Customizable thresholds enable tailored monitoring for specific merchants or policy groups, significantly reducing false positives. Additionally, Policy Monitoring provides detailed reporting to give organizations deeper insights to inform both risk management and business growth strategies.

It also enables organizations to identify policy violations the moment they happen and take immediate action, flagging or escalating issues with automated workflows. Always-on monitoring strengthens protection by detecting and blocking threats before they escalate, while intuitive case management streamlines the resolution process. With these capabilities, companies can reduce manual workloads, cut costs, and maintain robust compliance mechanisms.

“Effective merchant policy management and risk oversight are essential for businesses striving to meet today’s complex regulatory and operational challenges,” said Cathy Ross, President of Fraud.net. “With Policy Monitoring, we are delivering a solution that not only detects risks in real-time but also enables businesses to act decisively, ensuring compliance, reducing costs, and protecting their bottom line.”

To support businesses in leveraging this powerful solution, Fraud.net is hosting a webinar, “From Reactive to Proactive: Transform Merchant Risk Management with Real-Time Policy Monitoring.” Featuring in-house experts Kevin Shine and Michael Fossel, the webinar will showcase how companies can leverage Policy Monitoring to optimize merchant risk management and make more informed decisions, featuring a live demonstration and real-world results, among other valuable insights. 

Watch the webinar to discover how Policy Monitoring can transform your risk management processes.

About Fraud.net
Fraud.net delivers an AI-powered platform for fraud prevention, AML compliance, and digital risk management. Trusted by financial institutions and digital commerce enterprises worldwide, our patented cloud-native solution prevents fraud, money laundering, and financial crimes in real-time while automating customer onboarding, monitoring, and compliance workflows. Our platform leverages collective intelligence derived from billions of transactions and digital identities. With a no-code/low-code architecture that natively integrates data from 50+ leading providers, and advanced AI and rules-based decision engines, Fraud.net empowers businesses to make smarter, faster, and more profitable decisions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fraudnet-unveils-policy-monitoring-to-strengthen-risk-management-and-policy-compliance-302434892.html

SOURCE fraud.net

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