Simona Negru
21 Apr 2020 / 5 Min Read
The project is based on intelligence from Dow Jones Risk Solutions and is supported by Konexo, the regulatory and compliance division of Eversheds Sutherland. As per their agreement, the aim of Yoti and Synectics is to make financial services more accessible to a young and digitally-savvy market segment, as well as cut down cost and time required to verify identity and run real-time due-diligence checks.
The first step in rolling out the project involves contacting leading financial institutions in the UK interested in leveraging Yoti’s access to a large digital marketplace of customers. Endeavour is a shared e-KYC and customer acquisition platform for regulated financial services institutions that leverages Yoti’s digital identity platform for onboarding and provide a full real-time CDD assessment. Some of the benefits Endeavour can bring are regulatory effectiveness, access to pre-vetted accounts, reduced operational overheads, accelerated customer journey, cost efficiency, and ease of operational integration.
Simona Negru
21 Apr 2020 / 5 Min Read
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright