FullCircl, a pioneer in the FinTech sector, has unveiled its latest innovation – the W2 White Label Identity Verification Platform.
The UK-based SaaS platform is renowned for its dedication to removing regulatory and verification obstacles, thereby driving revenue growth for its clients.
The inception of this new product stems from the critical need for regulated businesses to implement secure, compliant verification and onboarding processes. In today’s fast-paced digital environment, balancing stringent regulatory requirements with optimal customer experience has become paramount. FullCircl’s white label solution is designed to meet this demand head-on, providing businesses with the tools they need to onboard customers more efficiently while adhering to regulatory standards.
At its core, FullCircl excels in offering solutions that streamline the compliance and verification processes for businesses operating in highly regulated industries. Their expertise in FinTech has positioned them as a go-to resource for companies looking to navigate the complex landscape of regulatory requirements without compromising on the speed and quality of customer service.
The W2 platform by FullCircl is more than just a verification tool; it’s a comprehensive orchestration platform. It grants businesses out-of-the-box access to a broad spectrum of global capabilities, including KYC (Know Your Customer) processes, PEPs (Politically Exposed Persons) screening, sanctions and identity checks, AML (Anti-Money Laundering) compliance, fraud prevention, and financial risk affordability assessments. What sets this platform apart is its fully customizable dashboard, which can be tailored to reflect a company’s brand through specific colours, typography, and logo, alongside a custom URL.
The benefits of adopting FullCircl’s white label solution are manifold. Businesses gain instant access to over 20 global identity verification suppliers within a single platform. This not only expands their product offering but also opens up new revenue streams. Furthermore, the platform boasts industry-leading customer compliance and tracking capabilities, all while being a fully embedded solution that integrates seamlessly into existing digital customer journeys.
Additional features underscore the platform’s value, emphasizing its rapid deployment capabilities and cost-effectiveness. This solution is especially beneficial for organizations aiming to enhance their compliance with stringent regulations and boost their customer onboarding efficiency.
W2 by FullCircl Head of Channel Partnerships, Lynsey Hoxha, highlighted the platform’s significance: “We’re excited to bring our white label experience to market. As a result of legacy technology, too many organisations still treat identity verification and fraud prevention as siloed processes which has a huge impact on the quality of onboarding processes.
“We believe in simplifying processes – our white label platform takes the headache out of dealing with multiple suppliers, eliminates the technical and cost implications that too often impact transformation, and ensures the best possible onboarding experience for users and customers alike.”
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