sync., a UK money management app, based on the Open Banking initiative, has officially announced their partnership with ComplyAdvantage.
sync. is an Open Banking service that combines a host of financial services into one app. The all-in-one hub allows customers to open a sync. account in minutes and link all their existing bank accounts and cards in a clear dashboard, according to the official press release.
The app contains security capabilities such as generating new CVC numbers via the app, a hidden magnetic strip on the card, and advanced in-app controls.
To support their growth ambitions, sync. Teamed up with AML solution provider offering its technology to tackle financial crime with a real-time database. ComplyAdvantage’s solution is recognised by UK regulators, which has helped sync. through their journey to obtain regulatory licensing with programmes that protect their business and their clients.
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