- Digital identification options supplier Signicat has teamed up with knowledge specialist AsiaVerify.
- The strategic partnership will assist companies trying to increase from Europe to Asia, and vice versa, meet native regulatory compliance necessities almost about 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 cast a strategic partnership with APAC-region knowledge specialist AsiaVerify. The partnership will allow Signicat to increase its attain throughout the Asia-Pacific area, serving to companies adjust to native rules as they search to increase their operations from APAC to Europe and from Europe to APAC.
“Our globally compliant digital identification options allow us to help our prospects’ growth wants wherever they develop,” Signicat Chief Product and Advertising Officer Pinar Alpay stated. “This partnership enriches our capabilities within the Asia-Pacific, providing our purchasers extra localized knowledge to increase confidently into this high-growth market whereas sustaining compliance with regional and international requirements.”
AsiaVerify is Signicat’s first APAC-specific knowledge supplier, providing real-time entry to authoritative knowledge from official sources in nations 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 typically advanced native regulatory necessities.
AsiaVerify gives real-time entry to essential knowledge from trusted sources to help Know Your Buyer (KYC), Know Your Enterprise (KYB), and Final Helpful Possession (UBO) identification in corporations all through Asia. AsiaVerify’s platform delivers instantaneous entry to translated information from greater than 344 million corporations, 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 development and growth, but it additionally brings distinctive challenges, significantly round assembly native regulatory calls for,” AsiaVerify Head of U.Ok. and Europe Joanna Wands stated. “Addressing these challenges is on the coronary heart of what we do, and we felt a robust alignment with Signicat on this shared dedication to addressing trade challenges successfully.”
Norway-based Signicat made its Finovate debut at FinovateEurope 2017 in London. Right now, greater than 13,000 corporations world wide use Signicat’s digital identification options. Signicat’s identification platform manages the whole buyer lifecycle from compliant onboarding and safe login to digital signing and orchestration. The corporate helps 240+ knowledge sources to facilitate enterprise and particular person identification, together with nationwide eIDs, ID doc scanning and biometric verification, in addition to knowledge sources for AML, KYC, and KYB checks.
Final month, Signicat was featured within the first version of Europe’s Lengthy-Time period Progress 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 strategy to confirm a person’s private info by way of their banking account. The Open Banking Hub gives broader identification verification choices for purchasers, and larger 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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Picture by Avonne Stalling
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