OFX has partnered with Know Your Customer Limited to strengthen its business verification processes and enhance security across its global payments platform.
The collaboration allows OFX to integrate Know Your Customer’s technology, automating key KYC processes and reducing manual work. Through real-time access to official company documents, corporate structures, and beneficial ownership data across over 140 jurisdictions, OFX aims to improve risk management and compliance.
customers with a secure and efficient global payment experience. By using Know Your Customer’s technology, we’re enhancing our ability to mitigate risks and maintain a high standard of compliance. The real-time access to global registry data, automated documentary evidence, and streamlined processes will strengthen our KYC procedures, reinforcing our commitment to a secure and reliable platform.”
Know Your Customer managing director EMEA, global head of sales, Jamie Anderson said, “We are excited to partner with OFX and equip them with a strategic advantage in the global payments landscape. Our advanced business verification technology will empower OFX to elevate its security posture, streamline and automate compliance workflows, and deliver an unparalleled payment experience to its customers.”
The partnership comes as Australia expands AML/CTF regulations beyond financial services to include non-financial businesses and professionals. OFX is proactively upgrading its compliance infrastructure to meet these evolving requirements.
For more, visit RegTech Analyst
Keep up with all the latest FinTech news here.
Copyright © 2025 FinTech Global
The post OFX partners with Know Your Customer to boost KYC appeared first on FinTech Global.