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How DSS is

“Making Lives Better” Domus Semo Sancus (DSS)

- Latin for House of Semo Sancus (the Roman a god of trust,

honesty, and oaths) - is a technology company that develops tools

to “Make Lives Better”. Its mobile money app, Wowlet™

(still in development), seeks to achieve greater financial inclusion around the world. And its RegTech product,™,

is currently helping financial organizations comply

with Anti-Money Laundering (AML) and Know Your Client (KYC) rules and regulations. An industry-specific version of,

called SafetyNet Safe City, is helping governments provide safe neighborhoods for their citizens.

Backstory The desire by E. Jay Saunders, the Founder of DSS, to help make others’ lives better started back in the 80’s and 90’s while growing up in the Turks & Caicos Islands. Living in a country that is situated a mere 140 miles from Haiti (the poorest country in the Americas and one of the poorest in the world, with approximately 59% of its population living under the national poverty line), allowed E. Jay to witness the harsh realities of poverty and a lack of financial inclusion first hand. “The lady who took care of me as a baby came from a town in Haiti named Gonaïves. She worked for my parents for almost 40 years. In addition, many of my friends were Haitians, and so I grew up witnessing the challenges that they faced up close,” says E. Jay.

immigrant group in the Turks & Caicos Islands (behind the Haitians). Approximately 50% of Dominicans were found to be unbanked in 2014. When one takes into consideration the large Filipino population residing in the Turks & Caicos Islands, and whose 2014 unbanked population stood at approximately 70%, the Turks & Caicos Islands has more than 50% of its resident population being affected directly (they themselves maybe unbanked) or indirectly (their loved ones back in their home countries maybe unbanked) by a lack of financial inclusion. For E. Jay, the Turks & Caicos Islands presented a great location for him to formulate and refined his ideas on the best ways to bank the unbanked in the Caribbean and Latin America.

The lack of financial inclusion in Haiti is so severe, that in 2014 over 80% of its population was unbanked. It is also bad in Haiti’s closest neighbor, the Dominican Republic, whose citizens make up the second largest

During the years from 2005 through to the end of 2014, when E. Jay was CEO of Digic & Caicos Islands (Digicel TCI) – a company he co-founded with Irish businessman Denis O’Brien – he visited Haiti many times where

Digicel Haiti is the largest telecommunications company and private investor. Getting the opportunity to spend extended time in the cities and rural areas of Haiti, E. Jay was able to experience some of the challenges that the Haitian people face every day, including those challenges that are a direct result of many of them not being part of the formal financial system. “There was a time when I needed to get payroll to some contract workers in Port-dePaix, a town in the north of Haiti, and the only way to do so was to send cash through one of the remittance companies that had an agent in the town”, recounts E. Jay, further stating that “Imagine how inefficient and risky it is to have someone stand in line doing multiple cash transactions at a crowded remittance office in the city to then have a crowd of persons show up at a small office in a rural area to collect that cash. That was 2013, the recent past, and yet we couldn’t solve that payroll challenge. And I wouldn’t be surprised if that’s the way payroll is still being done today.”


ACQ5 is proud to announce to the world the winners of the ACQ5 Global Awards 2017. The 2017 ACQ5 Global Award winners represent the best o...


ACQ5 is proud to announce to the world the winners of the ACQ5 Global Awards 2017. The 2017 ACQ5 Global Award winners represent the best o...