Detected has teamed up with Visa to introduce a ‘know your business’ platform for businesses in the US and Canada, streamlining onboarding processes while prioritising compliance and security.
The collaboration stems from Detected’s previous inclusion in Visa’s Fintech Partner Connect Programme for the Central and Eastern Europe, Middle East, and Africa region.
The complexity of securely onboarding businesses has reached a critical juncture for payment providers globally. Balancing the need to onboard swiftly while maintaining risk mitigation has become a key battleground. Setting apart the new generation of onboarding partners like Detected is their ability to find the equilibrium between cumbersome paper-based processes and a streamlined digital customer journey.
“Detected Onboarding Intelligence, stands out by efficiently locating registered companies worldwide with minimal data input,” said Liam Chennells, CEO, Detected. “The partnership with Visa and its collaborators marks an exciting opportunity to pioneer advancements in this category.”
Sarah Steele, senior director of Visa Small Business Product, also commented: “We’re thrilled to be collaborating with Detected to give Visa small business customers access to streamlined onboarding, while ensuring a safe and compliant ecosystem. Through Detected’s unique intelligence engine and ongoing monitoring capabilities, Visa customers can take advantage of a user-friendly interface.”
