Treasury Prime, a leading embedded banking software company, announced today its strategic partnership with Footprint.
The partnership aims to enhance banks and fintech clients’ access to world-class Know Your Customer (KYC) and Know Your Business (KYB) technology through Footprint’s integration with Treasury Prime’s Partner Marketplace.
Treasury Prime focuses on embedded banking software solutions, empowering banks and fintech companies with advanced technological capabilities.
Footprint offers a unified onboarding platform specializing in identity verification, fraud prevention, and security, simplifying the onboarding process for banks and fintechs.
The integration with Footprint equips banks and fintech clients with seamless onboarding processes, robust KYC, and KYB options, addressing the growing need for fraud prevention and compliance.
Mark Vermeersh, Chief Platform Officer at Treasury Prime, highlighted the importance of a robust KYC process in fraud prevention. He expressed pride in delivering additional onboarding identity options through the integration with Footprint, driven by feedback from bank partners.
Eli Wachs, CEO of Footprint, emphasized the significance of a unified onboarding platform in building trust with customers. He highlighted Footprint’s role in enabling banks to address onboarding challenges effectively, ensuring fraud prevention, identity verification, and secure data transfer in one platform.
This collaboration adds to Treasury Prime’s recent partnerships in 2024, including the integration with Narmi to offer FedNow for instant payments and the addition of OMB Bank to its bank network.
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