FullCircl, a UK-based regulatory technology (RegTech) firm operating at the intersection of revenue and regulation, has announced a significant partnership with LSEG Risk Intelligence.
This collaboration offers FullCircl customers immediate access to a comprehensive global collection of information providers. The new partnership aims to bolster document verification, biometric checks, and third-party data validation, thereby aiding regulated businesses in mitigating identity fraud while enhancing the customer experience.
Through this partnership, FullCircl customers can now utilise a single-point API to access over 400 data sources across more than 50 countries. These sources include government credit agencies, issuing authorities, telecommunications companies, utility providers, and corporate registries.
This integration allows for swift, efficient, and authoritative verification of both individual and business identities.
LSEG digital identity head Daniel Flowe said: “We’re delighted to formalise our relationship with FullCircl, assisting them in helping regulated businesses frictionlessly verify the identities of individuals and legal entities with the highest degree of confidence, thanks to direct, instant access to our deep consortium of global 400+ data sources.”
Identity fraud represents 64% of all fraud losses in the UK. FullCircl is at the forefront of helping businesses maintain regulatory compliance, enhance customer experience, and gain a competitive edge. The company’s advanced suite of Know Your Customer (KYC) and Know Your Business (KYB) identity verification solutions is noted for its high match rates in the industry.
FullCircl channels and revenue partnerships director Stuart Boardman said: “FullCircl is committed to providing our customers with access to the broadest collection of best-in-class data providers in the market. Our identity verification services already cover 240+ countries.
“This newly announced partnership with LSEG significantly strengthens our capabilities in over 50 key territories, ensuring every user has single-point access to the tools they need to support embedded identity verification, at every stage of the customer lifecycle. This is a real game-changer for FullCircl and the regulated businesses we work with.”
