back Back

Signicat forges alliance with AsiaVerify to boost APAC presence

By Gloria Mathias

November 27, 2024

  • AsiaVerify
  • fintech APAC
  • Fintech APAC News
Share

Signicat, the pan-European provider of digital identity and fraud prevention solutions, has announced a partnership with AsiaVerify, a specialist in APAC-region data.

This partnership allows Signicat to expand its capabilities across Asia-Pacific, enhancing the capacity of companies operating in that region to comply with increased regulation.

The collaboration marks an addition to Signicat’s growing network of trusted data providers, with AsiaVerify serving as the first APAC-specific. AsiaVerify’s real-time access to authoritative data from official sources across crucial APAC markets, such as China and Singapore, will empower Signicat’s clients to verify both individual and company information efficiently across borders. This partnership addresses a vital need for enterprises seeking to enter or operate in the APAC region, where regulatory requirements and local registries can present complexities that are challenging to navigate independently.

“We’re thrilled to partner with AsiaVerify, a regional specialist whose expertise aligns perfectly with our commitment to secure and compliant digital identity verification on a global scale,” said Pinar Alpay, Chief Product & Marketing Officer at Signicat. “Our globally compliant digital identity solutions enable us to support our customers’ expansion needs wherever they grow. This partnership enriches our capabilities in the Asia-Pacific, offering our clients more localised data to expand confidently into this high-growth market while maintaining compliance with regional and global standards.”

AsiaVerify’s solutions provide real-time access to critical information from trusted sources, enabling Know Your Customer (KYC), Know Your Business (KYB), and identification of Ultimate Beneficial Ownership in companies across Asia. Their integration into Signicat’s data source network will equip organisations with a powerful suite of tools to manage both local and cross-border compliance seamlessly.

“We’re delighted to be partnering with Signicat, integrating AsiaVerify’s solutions with their best-in-class offering,” shared Joanna Wands, Head of UK and Europe at AsiaVerify, “Asia presents vast opportunities for growth and expansion, yet it also brings unique challenges, particularly around meeting local regulatory demands. Addressing these challenges is at the heart of what we do, and we felt a strong alignment with Signicat in this shared commitment to addressing industry challenges effectively.”

Previous Article

November 27, 2024

Provenir and Hastings Financial Services win ‘Best Digital Lending Implementation’ at the IBSi Global Fintech Innovation Awards

Read More
Next Article

November 27, 2024

GCash streamlines remittances for Filipinos in the UK, Europe

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 02, 2024

AI in Action: 5 innovative Risk Management Solutions in the APAC

Read More

December 02, 2024

Federato raises $40m in Series C to fuel the AI era for Insurance

Read More

November 29, 2024

Fadata partners with FRISS to elevate risk management for Insurers

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More