FTS.Money, a Hong Kong-based fintech specializing in global payments and financial infrastructure modernization, has announced a new strategic alliance with Facephi, a global leader in digital identity verification. This partnership will enable Facephi to expand its reach by integrating its Identity Verification (IDV) and Know Your Customer (KYC) solutions into FTS.Money’s platform, offering innovative capabilities to streamline and simplify processes for a wider audience.
FTS.Money’s global financial infrastructure will now feature Facephi’s solutions, providing clients with the ability to adopt new financial services quickly and flexibly. Customers of Facephi will benefit from “plug and play” capabilities to perform KYC/IDV checks using the FTS.Money platform, resulting in reduced costs and faster implementation times.
Ajmal Samuel, CEO and founder of FTS.Money, emphasized, “By incorporating Facephi’s cutting-edge technology into our platform, we are able to deliver unmatched digital identity solutions that enhance trust and security for our users. Together with Facephi, we are setting new benchmarks in the FinTech industry by offering our customers comprehensive and reliable financial infrastructure solutions.”
Azam Razzaq, Regional Head of Middle East and Pakistan at Facephi, added, “This collaboration with FTS.Money reinforces our commitment to global expansion and the development of accessible, secure digital identity verification solutions.”
Through this alliance, FTS.Money and Facephi aim to transform the digital experience for clients by merging Facephi’s advanced technology with FTS.Money’s robust financial infrastructure, enhancing security and efficiency in global transactions. The partnership also seeks to introduce digital identity verification technology to new markets, focusing on Pakistan, the Middle East, and the Asia-Pacific region, thereby reinforcing FTS.Money’s leadership in financial infrastructure and digital identity solutions.