detected, the critical infrastructure component for the next generation KYB compliance, today announced its membership Visa Fintech Partner Connect Program in their Central and Eastern Europe, Middle East and Africa region.
Through a new collaboration with Visa, businesses will be able to use Detected’s Connected Compliance API to search and locate credit, corporate and administrator information around the world in seconds. From there, identity verification, UBO information and company documentation can all be gathered and linked to the company profile. Detected fills this critical KYB gap in the payment technology stack with its “Find Company” algorithm (the ability to find any registered company in the world with minimal information), API-first technology for seamless deployment and advanced capabilities to facilitate customer onboarding.
Liam Chennells, CEO of Detected, said: “Where the money is flowing, compliance is an issue, especially when it comes to validating a company’s credentials. If a company, anywhere on earth, is registered with their local authority or government, Detected can find it with less data entry than any other solution. We are excited to work with Visa and its partners to become pioneers in this category.”
“Companies want an easier seller onboarding experience so they can offer their customers a more diverse range of products from around the world,” said Alex McCrea, Head of Fintech Partnerships – CEMEA at Visa. “Detected provides businesses with a seamless compliance solution that allows them to grow and stay competitive. We are delighted to welcome Detected to Visa’s Fintech Partner Connect program.