W2, award winning global provider of regulatory compliance solutions today announced their partnership with market leading payments provider Contis to supply end-to-end KYC/AML processes for customer onboarding and ongoing monitoring.
Contis will use W2’s eKYC, Fraud Prevention, PEPs and Sanctions solutions, fully integrated by W2’s single API and SDK software offering. This partnership will support Contis’ expansive growth plans, and provide ideal streamlined compliance processes to both onboard and monitor their growing customer base.
As the payments sector looks set to continue the growth enjoyed over the past few years, and regulation keeps up apace, this partnership comes at the perfect time for both W2 and Contis to excel in their respective markets.
Anthony Gudgeon, Head of Fraud at Contis, commented: “Trust is essential to the service we provide clients and their end-customers. In W2, we’ve found a like-minded partner that delivers market leading KYC and AML, and shares our ambition to stay ahead of the curve. In a climate where threats are increasingly sophisticated, their innovative approach will help us deliver trusted services for the long term.”
W2’s CEO and Founder Warren Russell on the partnership “This has been one of the most exciting projects W2 has worked on recently. Contis have a very clear plan of attack when it comes to growing their business and innovative offering and have a perfect strategic fit to W2. We are delighted to be able to offer Contis a full suite of KYC and AML services as they continue on their growth journey.”
Contis is transforming payments, issuing and processing. We help corporates, banks, fintechs and insurers unleash their true potential. Founded in 2008 by Peter Cox, Contis provides award winning, cloud-based, real-time payment solutions. We enable our clients to deliver next-generation multi-currency accounts, cards and apps to their customers. One of the FT1000: Europe’s Fastest Growing Companies in 2018, 2019 and 2020. We have offices in the UK, Lithuania and India. Contis benefits from a full licence suite, including FCA and Bank of Lithuania eMoney Licences which cover the EEA, and a full UK consumer credit licence. Contis is a Principal member of Visa and Mastercard with full sponsorship and in house processing capability.