18 February 2018
Visit www.avoka.com

P2P lender Landbay implements Jumio authentication service for AML compliance

04 March 2015  |  3854 views  |  0 Source: Jumio

Jumio, Inc., today announced that P2P lending specialist Landbay has implemented Jumio’s Netverify® to authenticate lenders’ identities, to comply with anti-money-laundering regulations and improve their clients’ user experience.

The multi-year deal will see Jumio’s ID verification technology become part of Landbay’s Know Your Customer compliance process. UK-based Landbay specialises in providing mortgages for buy-to-let lenders via its P2P platform. This provides the opportunity for investors to lend directly to a diverse portfolio of borrowers with buy-to-let mortgages and allows eligible mortgage applicants the chance to access competitive rates of borrowing.

David Pope, Director of Marketing EMEA at Jumio. “Compliance with KYC regulations designed to prevent financial crime, balanced with a simple and quick customer-friendly experience has never been more important. Today, people want to be able to do everything via their mobile devices, especially financial services. With new cutting-edge financial institutions, such as Landbay, the benefits of mobile technology are being seen by consumers and businesses alike”.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.ebaday.comvisit www.nextgenbanking.co.uk

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10716 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8398 views comments | 15 tweets | 41 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8092 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7831 views 3 | 9 tweets | 4 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job