Contego - Helping Modulr Ensure Legal Compliance and Support Growth
Modulr is a new, dynamic business solution in the world of Fintech automated payments. Modulr’s APIs are designed to help businesses automate reconciliation and turn chaotic cash flows and confusing payment volumes into streamlined trackable activity.
To ensure FCA regulatory compliance as an Authorised Electronic Money Institution, Modulr needed a technology-led system that could execute required national and international KYC and KYB checks, and integrate with its
Following market and product evaluations, Modulr chose Contego’s multi-source identity verification and risk-scoring platform. It was the only solution that offered both KYC and KYB capability at a realistic price point and with a business ethos that guaranteed a ‘partnership’ approach.