FullCircl and LSEG Risk Intelligence team up to tackle identity fraud
By Gloria Methri
UK RegTech FullCircl has announced a new partnership with LSEG Risk Intelligence. The partnership provides instant access to a broad global collection of information providers supporting document verification, biometric checks and third-party data validation. The goal is to help regulated businesses reduce identity fraud whilst delivering a superior customer experience.
As a result of this vital data ecosystem partnership, FullCircl customers now have single-point API access to 400+ data sources across 50+ countries. These include government credit agencies and issuing authorities, telcos, utility providers, and corporate registries, which help verify the identities of individuals and businesses quickly, efficiently, and with authority.
Identity fraud now accounts for 64% of all fraud losses in the UK. FullCircl is helping businesses remain compliant, improve the customer experience and gain a competitive advantage. Its suite of KYC and KYB, identity verification solutions, delivers some of the best match rates in the market.
Stuart Boardman, Director of Channels and Revenue Partnerships at FullCircl, said, “FullCircl is committed to providing our customers with access to the broadest collection of best-in-class data providers in the market. Our identity verification services already cover 240+ countries. This newly announced partnership with LSEG significantly strengthens our capabilities in over 50 key territories, ensuring every user has single-point access to the tools they need to support embedded identity verification at every stage of the customer lifecycle. This is a real game-changer for FullCircl and the regulated businesses we work with.”
Daniel Flowe, Head of Digital Identity at LSEG, said, “We are delighted to formalise our relationship with FullCircl, assisting them in helping regulated businesses frictionlessly verify the identities of individuals and legal entities with the highest degree of confidence, thanks to direct, instant access to our deep consortium of global 400+ data sources.”
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