FullCircl, a UK-based RegTech which is uniquely placed at the intersection where revenue meets regulation, 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, helping 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, including government credit agencies and issuing authorities, telcos and utility providers, and corporate registries, to 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 leading the way in helping businesses remain compliant, improving the customer experience and, as a result, gaining a competitive advantage. Its sophisticated suite of KYC and KYB identity verification solutions deliver some of the best match rates in the market.
Stuart Boardman, Director of Channels and Revenue Partnerships at FullCircl, commented: “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.”
SOURCE: PRNewswire