SALT LAKE CITY, Jan. 24, 2019 /PRNewswire/ -- Leading international facilitator for the issuance of prepaid cards, Axiom Prepaid Holdings (APH) and global smart technology client verification solution provider, Know Your Customer, are pleased to announce their collaboration which will provide an expanded offering for high-profile FinTech organizations in key European, Asian and US markets.
Know Your Customer provides digital solutions to global clients across a variety of regulated sectors to quickly and accurately identify and verify companies and individuals during client on-boarding, ensuring companies can confidently conduct their KYC and anti-money laundering (AML) functions.
Axiom Prepaid Holdings (APH) is an independently-owned prepaid card issuing firm which works with many high-profile FinTech organizations through innovative and cost-effective white label solutions.
The collaboration will combine the two organizations' unique expertise into one integrated, end-to-end solution for the issuing and management of white-labeled prepaid cards. By choosing KYC and APH's integrated approach, FinTech organizations will be better equipped to meet the current technological and regulatory challenges of the financial sector by harnessing the two companies' extensive expertise in their respective fields.
Expanding presence in key markets
The announcement of the collaboration comes a few weeks after Axiom established their European company's headquarters in the UK. Due to its prominence as a FinTech hub, the UK will be one of the most strategic markets for APH and KYC's collaboration.
Other relevant geographies will include Spain and Italy in Europe; Hong Kong and Singapore in Asia (where both APH and KYC have offices and a fast-growing presence); and the United States, where APH is headquartered.
Steven J. Foster, President of Axiom Prepaid Holdings, LLC, said of the new collaboration;
"We are delighted to be announcing this new collaboration with Know Your Customer across multiple jurisdictions. Through KYC's automation technology, financial organizations can exponentially improve the efficiency of their customer onboarding process without having to compromise on compliance, which is exactly what Fintech organizations need at the moment."
Know Your Customer CEO Claus Christensen said;
"We are extremely excited to be working closely with Axiom Prepaid Holdings in a variety of strategic high-growth markets. Axiom has become a recognized name for FinTech organizations looking for a fast, reliable and scalable prepaid card solution, and we are looking forward to adding our own expertise and technology to enable faster anti-money laundering checks and a more seamless customer onboarding for all end customers."
Regarding the key value proposition of the upcoming collaboration, Christensen commented;
"We have reason to believe that clients will benefit tremendously by the more integrated approach of services introduced by our collaboration with Axiom. By harmonizing AML/KYC checks during the customer on-boarding phase with Axiom's existing services, FinTech organizations can reduce operational costs and provide a more seamless customer experience for their end users."
"Providing cutting-edge services to our clients will always be our top priority. Through this new collaboration with Know Your Customer, we will be in a position to offer an even more comprehensive solution to our clients, helping them centralize their prepaid cards operations and sensibly speed up their market entry time."
Notes to Editor:
About Axiom Prepaid Holdings
Axiom Prepaid Holdings (APH) is a global independently owned prepaid card issuing firm that works with many of today's high-profile FinTech organizations through innovative and cost-effective white label solutions. Established by Steven Foster & Steve Urry; experts in processing and managing credit card payments, debit card payments, global prepaid card issuing programs, and other various banking solutions, APH enables FinTech companies to discover breakthrough innovations through a strategic and advanced technology that allows them to achieve a fully customized prepaid solution.
APH has offices in the United States, Canada, the UK, Italy, Spain, Hong Kong, and Singapore
To learn more about Axiom Prepaid Holdings, please visit: www.axiomprepaidholdings.com
About Know Your Customer
Know Your Customer provides a digital solution that quickly and accurately identifies and verifies companies and individuals prior to client on-boarding. Our easy-to-use solution offers quick ultimate Beneficial Owner identification, document collection, Digital ID verification, and automated anti-money laundering checks in multiple languages across multiple jurisdictions. This comprehensive client identity verification solution from Know Your Customer helps with compliance, risk and client on-boarding functions, ensuring companies can accurately and confidently conduct their Know Your Customer (KYC) and anti-money laundering (AML) functions.
Know Your Customer has offices in Hong Kong, Dublin, Singapore, and Shanghai.
Know Your Customer Media Contact:
C: +44 (0)7788 298560
Axiom Prepaid Holdings, LLC
Know Your Customer
SOURCE Axiom Prepaid Holdings, LLC