Source: Fintech Global
TransactionLink, a pioneer in onboarding automation solutions for Know Your Business (KYB), and Know Your Customer, the award-winning Software as a Service (SaaS) ecosystem for Business Know Your Customer (KYC) verification, have announced a strategic partnership.
This collaboration is set to transform the compliance and onboarding processes for financial institutions and regulated businesses across Europe.
The partnership has been formed in response to the growing demand for robust business KYC and KYB procedures. In today’s digital age, it’s crucial for organisations to implement seamless and efficient onboarding processes. Traditional corporate onboarding can be cumbersome, often requiring additional steps such as gathering supplementary user data, conducting anti-fraud checks, and assessing risk levels.
TransactionLink CEO & Founder Mateusz Pniewski said, “Choosing Know Your Customer as a strategic partner is very well aligned with our strategy at TransactionLink. Both our and KYC’s missions are to provide our customers with the most comprehensive company data, especially for those with a global-first perspective.
“KYC’s API has truly impressed us with its resilience and speed, effortlessly connecting with jurisdictions that are typically challenging. We’re excited about the collaboration and eager to enhance KYC’s already global data coverage with TransactionLink’s powerful onboarding automation.”
Read full article: https://fintech.global/2024/02/19/transactionlink-and-know-your-customer-forge-alliance-to-revolutionise-european-business-compliance/
