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DueDil partners Umazi for SME corporate due diligence

Wednesday 2 February 2022 11:34 CET | News

UK-based fintech DueDil has partnered with Umazi, an enterprise digital identity provider, to create a new onboarding standard for due diligence processes in the SME market.

The partnership aims to eliminate the burdens of continuously scrutinizing the identification and validity of small and medium-sized enterprises by combining Umazi’s open-source permissioned blockchain platform with DueDil’s Enterprise InfoGraph (B.I.G) to create insights for verification and validation at scale.

By working in partnership with Umazi, DueDil wants to facilitate the cross-industry adoption of streamlined and constantly up to date due diligence. As Umazi representatives say, the partnership could act as a catalyst for change in the way monetary establishments conduct their due diligence on company clients.


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Keywords: partnership, DueDil, digital identity, digital onboarding
Categories: Fraud & Financial Crime
Companies:
Countries: United Kingdom
This article is part of category

Fraud & Financial Crime






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