Signicat, a European provider of digital identity and fraud prevention solutions, has announced a partnership with AsiaVerify, its first APAC-specific data provider.
This collaboration aims to improve Signicat’s ability to verify identities, assisting companies conducting business across borders and navigating regulations within APAC.
AsiaVerify joins Signicat’s growing network of trusted data providers, offering real-time access to official data sources in key APAC markets, such as China and Singapore.
This enables Signicat to verify both individual and company information more effectively.
This access facilitates Know Your Customer (KYC), Know Your Business (KYB), and Ultimate Beneficial Ownership (UBO) processes, which are crucial for companies operating in the region.
The partnership will streamline compliance processes, particularly for enterprises expanding between APAC and Europe, where navigating cross-border regulatory complexities can be challenging.
By expanding its services in the Asia-Pacific market, Signicat continues to provide comprehensive identity verification solutions for its global clients.
“We’re delighted to be partnering with Signicat, integrating AsiaVerify’s solutions with their best-in-class offering. 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”.
said Joanna Wands, Head of UK and Europe at AsiaVerify.
“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. 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 localized data to expand confidently into this high-growth market while maintaining compliance with regional and global standards”.
said Pinar Alpay, Chief Product & Marketing Officer at Signicat.
Featured image credit: Edited from Freepik
