By teaming up, FTS.Money is set to support Facephi, a company providing digital identity verification solutions, in growing its reach by integrating its Identity Verification (IDV) and Know Your Customer (KYC) services into its platform. Through this, the company intends to deliver advanced features that focus on simplifying processes for a wider audience. In addition, FTS.Money’s worldwide financial infrastructure is set to be part of Facephi’s offering, equipping clients with the ability to adopt new financial services more flexibly and efficiently.
On the other hand, Facephi plans to provide its customers with plug-and-play capabilities to conduct KYC/IDV checks leveraging the FTS.Money platform, which can lead to minimised costs and accelerated implementation times. Moreover, the partnership aims to allow FTS.Money and Facephi to augment and optimise the digital experience for clients by combining the latter’s technology with the former’s financial infrastructure, which can increase security and efficacy in global transactions.
FTS.Money and Facephi’s plans
When commenting on the announcement, representatives from FTS.Money underlined that, by integrating Facephi’s technology into their company’s platform, the firm intends to offer optimised digital identity services that increase trust and security for users. At the same time, officials from Facephi mentioned that the agreement with FTS.Money advances their company’s commitment to global expansion and the development of accessible, secure digital identity verification services.
Latest news from Facephi
Furthermore, Facephi entered alliances with multiple other companies, including Mbank, Oracle, and Revelock, with them utilising its services to increase the security of their operations and safeguard customers from fraudulent attempts.
