W2, the leading provider of regulatory compliance software has today announced a mutual partnership agreement with Tillo, the largest digital gift card aggregator in the UK.
Both W2 and Tillo have a strategy in place to utilise the power of collaboration within the fintech industry and beyond. Many of W2 and Tillo’s key clients and prospects require both identity verification, AML, and KYC services whilst also having a need for an API driven platform to manage rewards, incentives, and gifting.
The partnership will make it easier for clients to not only experience a seamless onboarding and monitoring process but also deliver more ways for clients to show appreciation without having the need to go through a laborious procurement process.
Lynsey Hoxha, Head of Channel Partnerships at W2 commented “I’m delighted to announce that we have implemented a mutual partnership with Tillo. We have been very impressed with the technology that drives Tillo’s value proposition and their stance of collaboration in the industry meant W2 had a lot of synergy with them.”
David Wall, Vice President, Enterprise Sales at Tillo said “We’re looking forward to partnering with W2 to benefit both our clients and theirs. There’s a lot of complex regulation to navigate in the fintech industry and W2 is on a mission to make it easier to manage – we look forward to working with them.”
Tillo is a web-based digital gift card platform, that makes it easy for fintechs to reward, incentivise and drive loyalty across multiple markets – making rewarding a delight from start to finish. Tillo’s platform provides access to an unparalleled and growing range of over 2,000+ international brands; the most comprehensive API in the industry makes it easy for Tillo’s patterns to seamlessly and securely integrate gift cards on demand into their own products and services. Just plug-and-go.
Processing over £700 million worth of gift cards in 2021, Tillo delivers the most user-friendly and visually impressive experience on the market. They are focused on creating the right experience for their partners, making it easy to manage multiple brand relationships across 34 markets and 16 currencies – all in one place.
W2 has access to leading data and service providers ensuring that up to date and reliable information is available via a single access point; enabling businesses to satisfy regulatory requirements and make reliable informed decisions about consumer and corporate customers.
W2 provide Know Your Customer (KYC), Anti money laundering (AML), Know your business (KYB) and ID Verification (IDV). W2 can provide the right solution on a domestic and international scale, for both point of acceptance and ongoing monitoring. W2 offer the most customer focused compliance solution available, allowing active management of risk.