One Group collaborates with the fintech company Know Your Customer
UK-based financial services provider ONE, has announced its partnership with Know Your Customer to deliver an enhanced onboarding experience for its customers.
This collaboration aims to streamline onboarding operations for its enterprise customers globally, using the modular compliance solutions provided by Know Your Customer.
According to the press release, the agreement with Know Your Customer has given the company the opportunity to provide a safe and simple onboarding process for the company’s employees and customers, while at the same time consolidating the issue of administration of systems.
This gave ONE the opportunity to also develop an onboarding tool, which is checked and praised by financial crime auditors. Therefore, the function shows a customer’s entire structure as a company or employee, together with risk profile, AML search result and associated records. The company can streamline its compliance processes and developments, including automation of key information and security services.
Know the customer’s strategy
Specializing in digital onboarding solutions and services for financial institutions and regulated organizations worldwide, Know Your Customer is a RegTech company based in the UK. The company offers a compliance plan based on modules, which combine several products in a digital workspace with register data, smart automation and efficient integration processes.
Customers can customize their modules, as they can choose and implement only the functionality and products they need, all available in the Rest API.
The Could-based solution offers businesses and enterprises the tools they need to digitize and automate their activities and services across multiple locations, such as offices, business functions or markets. The information and data of the clients are safely stored and collected, simply and efficiently.
Know Your Customer also provides its sellers with a system that ensures that the information provided by their documents and files is always accurate and correct. The system was designed to offer automated reviews and digital live monitoring, which also includes backbook services and automated KYC updates, making the process of integrating customer data easier and more secure.
ONE Group’s products and services
UK-based OTC digital asset trading desk ONE offers its clients end-to-end financial services solutions, mainly for crypto-assets, offshore sectors and even gambling and sports betting. After customers go through the ONE onboarding process, they can access a range of services, such as transactions via SEPA Instant, SEPA, CHAPS, Faster Payments and SWIFT.
Furthermore, businesses can benefit from real IBANs with the name issued by the client, using multiple currencies (USD, EUR, GBP, with others coming soon), via the onboarding membership. The customer can receive funds and send funds via multiple payment rails, so they can send money around the work safely and easily.
Also, if customers join the global ONE network, they can have the potential to benefit from fast, easy and free payments to other ONE customers and accounts worldwide. Transactions are easier and the customer’s experience can be significantly improved.
