WorldRemit has partnered with global identity verification company Onfido.
In Brief:
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This will allow WorldRemit to further automate its KYC process.
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Onfido will help customers join WorldRemit’s platform quickly.
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It will also help the payments giant remain compliant and reduce fraud risk.
What does this mean?
The partnership aims to make it quicker and easier for customer’s to send money abroad through WorldRemit’s offering. A key part of WorldRemit’s ‘remit’ is to boost financial inclusion on its platform, which means creating a better user experience across the board for people regardless of the quality of their smartphone.