Kyckr Limited (ASX:KYK) (Kyckr), a regulatory technology (RegTech) company, is pleased to announce a partnership with FrankieOne, a leading onboarding and fraud-prevention platform for banks, fintechs and financial institutions in the Australian market.
FrankieOne’s clients can now access primary-source corporate information via Kyckr’s global registry network for their Anti-Money Laundering (AML), Know-Your-Business (KYB), and Know-Your-Customer (KYC) processes.
FrankieOne provides a complete unified onboarding and fraud platform, bringing together over 170 different 3rd party vendors and data sources including biometrics, KYC, KYB, AML, fraud prevention tools into one API and one single view. The platform is customisable to allow clients to build their own workflows and risk scoring whilst streamlining the onboarding process to drive increased match rates and reduce fraud.
Thanks to the newly announced partnership, FrankieOne’s clients can now access Kyckr’s data feed, which includes over 180 company registries and 170+ million legal entities across 120 countries.
Kyckr’s CEO, Ian Henderson, commented: “We are pleased to announce our partnership with FrankieOne, one of the most exciting onboarding solutions globally and a key figure in one of our target markets, Australia. It has been very encouraging to see strong demand for Kyckr’s and FrankieOne’s complimentary KYB services. We are looking forward to working closely with FrankieOne and growing our partnership in the future.”
Simon Costello, CEO of FrankieOne, commented: “We are very excited about our partnership with Kyckr and being able to provide our customers with such an extensive international KYB offering. The access to over 120 countries will be hugely beneficial to them. We are seeing extensive demand for international services and already have major financial institutions such as InfoTrack consuming the international data via FrankieOne’s single unified API.”
The partnership with FrankieOne is the latest in Kyckr’s strategic vision to accelerate innovation within the banking and financial industries.
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