Suits Me, a rising FinTech company, has teamed up with Jumio, a leader in automated identity verification and risk assessment.
Suits Me is carving out a niche as a popular alternative banking solution, while Jumio excels in providing comprehensive identity verification and compliance solutions.
This partnership aims to revolutionize how underbanked customers in the UK can access banking services. Suits Me’s innovative approach allows individuals without traditional Photo ID or verified proof of address to swiftly open an account, a first in the UK.
John Oakley, Operations Director at Suits Me, highlighted the partnership’s significance: “Our partnership with Jumio has enabled the business to help even more of those who are described as ‘underbanked’. These people who have struggled with documentation or simply don’t want to incur the travel costs to visit a branch can now apply in three minutes with Suits Me. Technology for us is an enabler for all. not just some of the UK population in the FinTech space.”
Mr. Oakley also emphasised the ease and inclusivity of Suits Me’s services, stating: “Suits Me are here to eliminate the hassle of opening an account and to simplify the process with a range of accounts to suit our customers. The time to open an account for those without photo ID is less than two minutes with a selfie upload and an image of one proof of identification, such as a Benefits or HMRC letter, or others that are accepted.
“We offer all the features that you would expect to find in a traditional bank account, as well as cashback on everyday spending and a personal account manager available in over 19 languages. We are a forward thinking FinTech with traditional customer service values and invite anyone living in the UK to open an account in three minutes with no credit checks.”
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