Liberis, an embedded finance provider, has partnered with Alloy, an identity risk management company working with 500 global banks and Fintechs.
The partnership is expected to enable Liberis to simplify the merchant experience by integrating automated compliance verifications. Additionally, it will facilitate “the creation of custom, white-labeled onboarding experiences for partners.”
Alexis Alexander, Chief Legal & Compliance Officer of Liberis, said:
“Alloy’s platform will allow us to enter new markets quickly, optimise our merchants’ fully digitalised application for funding and scale to meet our partners’ demand, while also maintaining our high standards for compliance.”
Alloy’s platform provides Liberis with access and integrations “to a global network of over 190 data sources that help streamline KYC, KYB, and AML processes while also preventing financial crime. This will enable Liberis to onboard merchants in new markets quickly and efficiently.”
Tommy Nicholas, CEO at Alloy, said they aim to help businesses take control of fraud, credit, and compliance risk.