Australian-listed technology regulation company Kyckr is partnering with defence, security, and aerospace company BAE Systems Applied Intelligence to jointly address anti-money laundering and compliance challenges of regulated firms.
Kyckr (ASX:KYK) says the initiative will deliver accurate and efficient know-your-customer (KYC) and customer due diligence (CDD) solutions to address money-laundering issues, and with the partnership empowering mutual customers to benefit from Kyckr’s network of over 180 registries and 170 million entities across 120 countries.
“Competitive advantage lies in providing a frictionless customer journey – while minimizing risk,” said Peter Fisher, Product Director,
“Partnering with Kyckr, enables the automated screening of corporate records data within our NetReveal Customer Due Diligence solution. The result is effective investigations, better detection and ultimately, a smoother end customer experience.”