21 May 2020

WorldRemit partners with Onfido

Written By FinTech Alliance in Digital Identity

WorldRemit partners with Onfido

WorldRemit has partnered with global identity verification company Onfido.

In Brief:

  • This will allow WorldRemit to further automate its KYC process.

  • Onfido will help customers join WorldRemit’s platform quickly.

  • 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.

Up Next ...
20 September 2024

NeoXam Strengthens Global FinTech Offerings with EZOPS Acquisition

NeoXam, a global leader in financial software solutions, is set ...

20 September 2024

Funding platform Ferovinum raises £17.5m for global expansion, having provided £114m to grow the UK wine and spirits industry

Ferovinum, a UK-based funding and supply chain platform, has raised ...

20 September 2024

MoneyGram Teams Up with dLocal to Revolutionize Cross-Border Payments in Emerging Markets

MoneyGram is expanding its digital cross-border payment services through an ...

More in Digital Identity

Putting individuals back in charge of their own identities

05 December 2023

We sat down with Mike Tuchen, CEO of UK-founded digital ...

Lloyds Bank launches in-app passport scanning for customer onboarding

29 November 2023

Lloyds Bank customers are the first in the UK to ...

Posted By The Community

How Digital Passports Can Benefit the Global Society

14 November 2023

How Digital Passports Can Benefit the Global SocietyDigitalization is what has made our lives much e...

Written By: Vault

Ondato launches virtual branches with biometrics

06 September 2022

Ondato, a KYC specialist, has launched a virtual branch service ...

White Papers Digital Identity

Financial Services, Fraud and the Future of Digital Onboarding

05 September 2019

The identity industry is changing. Many of the identity indicators we took for granted are no longer...

There are no Events in this category