Digital identification options supplier Signicat has teamed up with information specialist AsiaVerify.
The strategic partnership will assist companies trying to develop from Europe to Asia, and vice versa, meet native regulatory compliance necessities on the subject of KYC, KYB, and UBO.
Headquartered in Norway, Signicat made its Finovate debut at FinovateEurope 2017 in London.
Digital identification and fraud prevention options supplier Signicat has solid a strategic partnership with APAC-region information specialist AsiaVerify. The partnership will allow Signicat to develop its attain throughout the Asia-Pacific area, serving to companies adjust to native rules as they search to develop their operations from APAC to Europe and from Europe to APAC.
“Our globally compliant digital identification options allow us to assist our prospects’ growth wants wherever they develop,” Signicat Chief Product and Advertising and marketing Officer Pinar Alpay mentioned. “This partnership enriches our capabilities within the Asia-Pacific, providing our purchasers extra localized information to develop confidently into this high-growth market whereas sustaining compliance with regional and international requirements.”
AsiaVerify is Signicat’s first APAC-specific information supplier, providing real-time entry to authoritative information 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 usually complicated native regulatory necessities.
AsiaVerify gives real-time entry to essential information from trusted sources to assist Know Your Buyer (KYC), Know Your Enterprise (KYB), and Final Useful Possession (UBO) identification in firms all through Asia. AsiaVerify’s platform delivers immediate entry to translated information from greater than 344 million firms, greater than 106 million alerts together with court docket information and bankruptcies, and greater than 2.9 billion people together with authorities IDs, cellphone 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.Okay. and Europe Joanna Wands mentioned. “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 trade challenges successfully.”
Norway-based Signicat made its Finovate debut at FinovateEurope 2017 in London. In the present day, greater than 13,000 firms around the globe use Signicat’s digital identification options. Signicat’s identification platform manages your entire buyer lifecycle from compliant onboarding and safe login to digital signing and orchestration. The corporate helps 240+ information sources to facilitate enterprise and particular person identification, together with nationwide eIDs, ID doc scanning and biometric verification, in addition to information sources for AML, KYC, and KYB checks.
Final month, Signicat was featured within the first version of Europe’s Lengthy-Time period Development Champions 2025 printed by Monetary Occasions and Statista. Additionally in October, the corporate unveiled its Open Banking Hub, which gives companies with a safe and consensual solution to confirm a person’s private info through their banking account. The Open Banking Hub gives broader identification verification choices for patrons, and higher safety for companies when verifying checking account possession, affordability, or account info.
Based in 2007, Signicat is led by CEO Asger Hattel.
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Photograph by Avonne Stalling
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