Fintech

Reduce risk and improve customer satisfaction.

Ensure compliance and efficiency while positioning your company as an industry leader by offering a superior customer experience.

 
 
 

Streamline your business processes

In the rapidly evolving world of financial technology, staying ahead of the curve is paramount. To maintain momentum, fintech companies must continuously innovate and streamline their operations. One of the most effective ways to achieve this is through the automation of business processes, particularly in areas like Know Your Customer and Anti-Money Laundering.

 
 

Smooth digital customer journeys

Provide awesome customer experiences and improve business performance by digitising, automating and personalising your:

  1. B2B and B2C customer onboarding

  2. KYC/AML processes

  3. Power of attorney forms

  4. Agreements and contracts

  5. Checkout solutions

 

AML, KYC and business risk

Reduce manual work and mitigate risk through AML automation. Collect, verify and monitor crucial business information with ease.

  1. PEP and sanctions screening

  2. Beneficial owners and board members

  3. Company group and owner structure information

  4. Bankruptcies and fraudulent behavior

  5. Key financial figures

 

Monitoring and quality assurance

Your decisions are only as good as your information. That’s why customers use our monitoring services for:

  1. Updating CRM, ERP and other systems

  2. Cleansing outdated information

  3. Identifying new prospects

  4. Ensuring regulatory compliance over time

  5. Ongoing due diligence (ODD)

Case

P:E Accounting ensures compliance through real-time data and automation

By integrating customer data APIs, P:E Accounting can effortlessly conduct thorough audits and streamlined compliance efforts, reducing manual work and distributing responsibility across the organization.

 

Choose your way to plug and play

We offer services that effortlessly integrate with your workflows.

Integrate and automate

Choose from more than 50 APIs and monitoring services filled with company and person data.

Search and monitor

Control and monitor company and person data through our web app – or in Salesforce CRM.

How fintech companies can benefit from automating business processes


1. Efficiency and speed

Automation can drastically reduce the time taken to process customer information. Instead of manually checking documents and cross-referencing data, automated systems can do this in a fraction of the time, allowing for faster customer onboarding and transaction processing.

2. Cost savings

By reducing the need for manual labor and minimizing errors that can lead to regulatory fines, fintech companies can significantly lower their operational costs.

3. Enhanced accuracy

Human error is inevitable in manual processes. Automated systems, on the other hand, ensure that data is processed consistently and accurately. This not only reduces the risk of costly mistakes but also ensures that the company remains compliant with regulatory standards.

4. Scalability

As fintech companies grow, the volume of customer data they handle also increases. Automated systems can easily scale to accommodate this growth, ensuring that the company can manage larger customer bases without compromising on service quality.

5. Improved customer experience

Customers today expect quick and seamless experiences. By automating their processes, fintech firms can offer faster account approvals and transaction processing, leading to higher customer satisfaction and loyalty.

6. Data analytics and insights

Automated systems can also provide valuable insights by analyzing customer data. This can help fintech companies understand customer behavior, predict market trends, and tailor their services to better meet customer needs.

7. Risk mitigation

AML and KYC regulations are in place to prevent financial crimes like money laundering and fraud. Automated systems can more effectively identify suspicious activities and flag them for review, ensuring that companies are not inadvertently facilitating illegal activities.

8. Consistency and standardization

Automation ensures that every customer undergoes the same rigorous checks, ensuring consistency across the board. This standardization is crucial for maintaining the integrity of the company's processes and reputation.

9. Integration with other systems

Automated KYC and AML systems can be integrated with other business tools and platforms, creating a cohesive ecosystem where data flows seamlessly between different departments and functions.

10. Staying ahead of regulatory changes

Regulations in the financial sector are constantly evolving. Automated systems can be updated more easily to reflect these changes, ensuring that fintech companies remain compliant at all times.

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