W2 partners with Visa to provide compliance solutions and tools for UK business cardholders

3rd May 2022 | Member News, News

 

VISA Platinum and Infinite business cardholders will be able to access W2’s Regtech solutions at a considerably discounted rate

27.4.22— W2, global provider of regulatory compliance software including Know Your Customer (KYC) and Anti-Money Laundering (AML) solutions through a single access point, today announces a collaboration with Visa, a world leader in digital payments, to offer enhanced compliance solutions and tools for UK Platinum and Infinite business cardholders.

The new W2 offering will allow businesses operating in regulated sectors, (including payments, FinTechs and professional service providers such as accountancy) who hold Visa Platinum and Infinite business cards, to access W2’s customer onboarding and monitoring compliance solutions at a heavily discounted rate as part of a loyalty reward.

This perk will help Visa Platinum and Infinite business card users to simplify management of compliance matters through a single access point, helping to navigate stringent regulations set out by the Financial Conduct Authority (FCA).

Warren Russell, Chief Executive Officer & Founder at W2 commented:

“We are absolutely delighted to be able to offer W2’s services to Visa Infinite and Platinum cardholders in the UK. We have certainly seen a shift in the past few years from businesses carrying out manual compliance, to having the requirement to automate onboarding and ongoing monitoring of customers.

We are looking forward to being able to demonstrate the value of W2’s single access point and how it can dramatically reduce customer drop-offs within onboarding, as well as saving users time and revenue by removing the need for manual intervention.”

W2’s single compliance platform currently offers onboarding and monitoring transactions to over 100 clients across regulated industries such as fintech, payments, gambling, and cryptocurrency.

Find out more about accessing W2’s services below:

https://visaplatinum.w2globaldata.com/

https://visainfinite.w2globaldata.com/

About W2

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.

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