Detected is pleased to announce its collaboration with Visa to offer businesses a fast, efficient and intelligent business onboarding process.
The news extends Detected’s relationship with Visa but is a first in the US and Canada.
For payment providers around the world, the complexity of safely onboarding businesses has reached a tipping-point. Meeting the commercial imperative to onboard fast, but without a compromise to risk, is the new battleground. Finding the balance between long drawn-out paper questionnaires and process vs. a simple digital customer journey is what sets apart the new generation of onboarding partners like Detected.
Emphasizing the challenge of ensuring compliance where moving money is involved, particularly in validating business credentials, Liam Chennells, Detected’s CEO stated: “Detected Onboarding Intelligence, stands out by efficiently locating registered companies worldwide with minimal data input. The partnership with Visa and its collaborators marks an exciting opportunity to pioneer advancements in this category.”
Sarah Steele, Senior Director of Visa Small Business Product added: “We’re thrilled to be collaborating with Detected to give Visa small business customers access to streamlined onboarding, while ensuring a safe and compliant ecosystem. Through Detected’s unique intelligence engine and ongoing monitoring capabilities, Visa customers can take advantage of a user-friendly interface.”