FullCircl and LSEG Risk Intelligence Partner to Combat Global Identity Fraud

Date – 13-Aug-2024

FullCircl and LSEG Risk Intelligence Partner to Enhance Global Identity Fraud Prevention

FullCircl, a UK-based RegTech company known for bridging revenue and regulation, has announced a strategic partnership with LSEG Risk Intelligence. This collaboration offers regulated businesses a powerful tool to combat identity fraud by providing instant access to a vast array of data sources for document verification, biometric checks, and third-party validation.

The partnership enables FullCircl’s clients to access over 400 data sources across more than 50 countries through a single API. This comprehensive data network includes government credit agencies, issuing authorities, telecommunications and utility providers, and corporate registries, streamlining the process of verifying identities for individuals and businesses with speed and accuracy.

With identity fraud representing 64% of all fraud losses in the UK, FullCircl is at the forefront of enhancing compliance and customer experience. Its advanced KYC and KYB solutions are renowned for their high match rates and effectiveness in the market.

Stuart Boardman, Director of Channels and Revenue Partnerships at FullCircl, stated, “Our commitment to providing access to the best data providers in the market is strengthened by this new partnership with LSEG. With coverage extending to 240+ countries, this integration significantly enhances our capabilities in 50+ key regions, offering seamless identity verification tools throughout the customer lifecycle. This partnership is a significant milestone for FullCircl and our clients.”

Daniel Flowe, Head of Digital Identity at LSEG, added, “We are excited to formalize our partnership with FullCircl. This collaboration allows regulated businesses to verify identities with unparalleled confidence, thanks to our extensive network of over 400 global data sources.”