Coda Payments selects Know Your Customer to deliver straight-through corporate onboarding across APAC

Singapore, 28 February 2023 - Today, Coda Payments ("Coda"), the leading provider of cross-border payments and distribution solutions to digital content publishers, announced that it has partnered with award-winning RegTech provider Know Your Customer to simplify and accelerate its corporate onboarding processes across the Asia-Pacific region.

By integrating Know Your Customer's corporate onboarding solution with its front-end and back-end operations, Coda is streamlining its due diligence operations on business prospects and clients, leveraging automation to achieve greater efficiency and an improved customer experience. Coda uses Know Your Customer's single API to connect to company registries across 127 countries globally in real-time, retrieve the necessary official documents automatically, extract vital corporate information, unravel complex company charts, and identify ultimate beneficial owners (UBOs) through documentary evidence as required by regulations.

Founded in 2011 and headquartered in Singapore, Coda is one of the leading providers of secure, cross-border monetisation solutions for digital products and services. The company helps digital content publishers unlock new revenue for their games, apps, and services in more than 60 territories worldwide. In 2022, Coda was named the 45th fastest growing company in the Asia-Pacific region by the Financial Times, and has been named a Technology Pioneer by the World Economic Forum.

Know Your Customer is an award-winning regulatory technology (RegTech) company specialised in highly configurable corporate onboarding and Know Your Business (KYB) solutions for a variety of regulated sectors. Its live registry connections now cover all 50 states in the United States. In November 2022, Know Your Customer won the Silver ASEAN Award at the Singapore Fintech Festival Global Fintech Awards by the Monetary Authority of Singapore (MAS).

Keira Kwek, Global Compliance Lead at Coda, commented:
"Our new onboarding process, powered by Know Your Customer, is instrumental in enabling the fast and secure expansion of our customer base across multiple Asia-Pacific markets and globally. From the start, the Know Your Customer team demonstrated how their solution was able to provide both the real-time registry connections required by the compliance team, as well as the API capabilities sought by our engineering team to facilitate fast integration with our internal systems."

Claus Christensen, CEO & Co-Founder of Know Your Customer, added:
"We are delighted to be working with Coda to enable their vision for seamless, straight-through corporate onboarding across the Asia-Pacific region. It is inspiring to see their commitment to both better customer experience and no-compromise compliance, a dual objective that can only be achieved through RegTech innovation. We look forward to supporting them on this journey and enabling their continued and ambitious commercial growth."

Know Your Customer Address
26 Eng Hoon Street
Singapore
169776

Know Your Customer Media Contact
Contact Name: Margherita Maspero
Email: marketing@knowyourcustomer.com
Website: https://knowyourcustomer.com

About Know Your Customer
Know Your Customer is an award-winning RegTech company specialised in next generation digital onboarding solutions for financial institutions and regulated organisations worldwide. By providing a single source of truth, Know Your Customer enables clients to reduce AML risk, streamline processes through agile automation, improve data accuracy through live connections to company registries, and comply with internal, board and regulatory reporting demands. The result is an acceleration in the onboarding time of new corporate clients from an industry average of 26 days to a few hours, reducing compliance manual work by up to 85%.

With offices in London, Dublin, Singapore, Hong Kong, and Shanghai, Know Your Customer has established a global presence and a reputation for excellence. Our customer list spans across 11 verticals - including banking, FinTech, insurance, payments, real estate, asset management, legal firms - and 18 jurisdictions.

For more information visit https://knowyourcustomer.com

About Coda Payments
Coda Payments operates Codashop, the leading independent source for in-game content. Coda also offers Codapay, which allows publishers of digital content to accept the hundreds of payment methods available on Codashop on their own websites, and xShop, which allows publishers to distribute their products through a range of e-commerce and other consumer-facing platforms.

The Coda vision is to be the platform of choice for taking life's digital experiences over the top.

This release was published on openPR.