Signicat partners with AsiaVerify to enhance its data source offering, strengthening capabilities for cross-border business and identity verification in the Asia-Pacific region
London, 26 of November 2024
Signicat, the leading pan-European provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AsiaVerify, specialist in APAC-region data. This partnership allows Signicat to expand its capabilities across Asia-Pacific, enhancing the capacity of companies operating in that region to comply with increased regulation.
The collaboration marks a significant addition to Signicat’s growing network of trusted data providers, with AsiaVerify serving as the first APAC-specific. AsiaVerify’s real-time access to authoritative data from official sources across key APAC markets, such as China and Singapore, will empower Signicat’s clients to verify both individual and company information efficiently across borders. This partnership addresses an important need for enterprises seeking to enter or operate in the APAC region, where regulatory requirements and local registries can present complexities that are challenging to navigate independently.
“We’re thrilled to partner with AsiaVerify, a regional specialist whose expertise aligns perfectly with our commitment to secure and compliant digital identity verification on a global scale,” said Pinar Alpay, Chief Product & Marketing Officer at Signicat. “Our globally compliant digital identity solutions enable us to support our customers’ expansion needs wherever they grow. This partnership enriches our capabilities in the Asia-Pacific, offering our clients more localized data to expand confidently into this high-growth market while maintaining compliance with regional and global standards”.
AsiaVerify’s solutions provide real-time access to critical information from trusted sources, enabling Know Your Customer (KYC), Know Your Business (KYB), and identification of Ultimate Beneficial Ownership in companies across Asia. Their integration into Signicat’s data source network will equip organizations with a powerful suite of tools to manage both local and cross-border compliance seamlessly.
“We’re delighted to be partnering with Signicat, integrating AsiaVerify’s solutions with their best-in-class offering,” commented Joanna Wands, Head of UK and Europe at AsiaVerify, “Asia presents vast opportunities for growth and expansion, yet it also brings unique challenges, particularly around meeting local regulatory demands. Addressing these challenges is at the heart of what we do, and we felt a strong alignment with Signicat in this shared commitment to addressing industry challenges effectively”.
As more companies seek to expand their operations from APAC to Europe and vice versa, Signicat’s enhanced capabilities will support their identity verification and fraud prevention needs, offering a reliable, compliant solution to manage identities across a diverse regulatory landscape. This partnership also further positions Signicat as a leader in the digital identity industry, committed to providing comprehensive, cross-border identity verification for organizations worldwide.
