Contis partners with W2 for next generation compliance solutions

Published on: March 17, 2021
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Contis is partnering with award winning global provider of regulatory compliance solutions, W2, as their major supplier of 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 project 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.”

By: Uche Graves
Published: March 17, 2021
Categories: Blog

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© Copyright Contis Group Ltd 2021. Registered in England and Wales number 06499022. Contis Financial Services Ltd is authorised by the Financial Conduct Authority to issue eMoney in the UK (Firm Reference Number: 900025) and is a Principal Member of Visa Europe. In the EEA, the accounts and Visa cards are issued by UAB “Finansinės paslaugos „Contis“ who holds the electronic money institution license No. 53, dated 23-07-2019, issued by the Bank of Lithuania, and is a member of Visa.

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