Invidem has launched its platform, which collects and verifies KYC information for corporate customers, in the Nordics.
The company was founded in 2019 by six Nordic banks, including Danske Bank, DNB, Handelsbanken, Nordea, SEB and Swedbank.
Invidem’s technology creates a simplified KYC process that ensures compliance financial crime prevention requirements. It leverages a Nordic standard for gathering and quality assurance of information and meets the regions AML and KYC requirements.
Invidem CEO Marit Bø Bornstein said, “We are very proud to have succeeded and reached this important milestone on the Invidem journey. The road to launch has not been easy – these issues are incredibly complex.
“Our service is an important piece of the puzzle when it comes to preventing money laundering. We aim to simplify the handling of generic KYC information for all involved parties with a supreme user experience as a top priority. Today the KYC future shines brighter than ever.”
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