Digital id options supplier Signicat has teamed up with knowledge specialist AsiaVerify.
The strategic partnership will assist companies trying to increase from Europe to Asia, and vice versa, meet native regulatory compliance necessities as regards to KYC, KYB, and UBO.
Headquartered in Norway, Signicat made its Finovate debut at FinovateEurope 2017 in London.
Digital id and fraud prevention options supplier Signicat has solid a strategic partnership with APAC-region knowledge specialist AsiaVerify. The partnership will allow Signicat to increase its attain throughout the Asia-Pacific area, serving to companies adjust to native laws as they search to increase their operations from APAC to Europe and from Europe to APAC.
“Our globally compliant digital id options allow us to assist our prospects’ growth wants wherever they develop,” Signicat Chief Product and Advertising Officer Pinar Alpay stated. “This partnership enriches our capabilities within the Asia-Pacific, providing our shoppers extra localized knowledge to increase confidently into this high-growth market whereas sustaining compliance with regional and international requirements.”
AsiaVerify is Signicat’s first APAC-specific knowledge supplier, providing real-time entry to authoritative knowledge from official sources in international locations like China and Singapore. The partnership will assist companies trying to enter the APAC area by making it simpler for them to navigate, handle, and adjust to typically complicated native regulatory necessities.
AsiaVerify offers real-time entry to important knowledge from trusted sources to assist Know Your Buyer (KYC), Know Your Enterprise (KYB), and Final Helpful Possession (UBO) identification in corporations all through Asia. AsiaVerify’s platform delivers prompt entry to translated information from greater than 344 million corporations, greater than 106 million alerts together with courtroom information and bankruptcies, and greater than 2.9 billion people together with authorities IDs, telephone numbers, watchlists, and extra.
“Asia presents huge alternatives for progress and growth, but it additionally brings distinctive challenges, significantly round assembly native regulatory calls for,” AsiaVerify Head of U.Ok. and Europe Joanna Wands stated. “Addressing these challenges is on the coronary heart of what we do, and we felt a powerful alignment with Signicat on this shared dedication to addressing business challenges successfully.”
Norway-based Signicat made its Finovate debut at FinovateEurope 2017 in London. Right this moment, greater than 13,000 corporations all over the world use Signicat’s digital id options. Signicat’s id platform manages all the buyer lifecycle from compliant onboarding and safe login to digital signing and orchestration. The corporate helps 240+ knowledge sources to facilitate enterprise and particular person identification, together with nationwide eIDs, ID doc scanning and biometric verification, in addition to knowledge sources for AML, KYC, and KYB checks.
Final month, Signicat was featured within the first version of Europe’s Lengthy-Time period Progress Champions 2025 revealed by Monetary Occasions and Statista. Additionally in October, the corporate unveiled its Open Banking Hub, which offers companies with a safe and consensual technique to confirm a person’s private data by way of their banking account. The Open Banking Hub offers broader id verification choices for purchasers, and larger safety for companies when verifying checking account possession, affordability, or account data.
Based in 2007, Signicat is led by CEO Asger Hattel.
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Picture by Avonne Stalling
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