W2, the leading provider of regulatory compliance software has today announced a strategic partnership with NOTO, a Bulgarian based financial crime prevention solution provider.
W2 clients will now be able to access the NOTO market leading transactional monitoring software to continually screen current clients and enhance W2’s all-in-one compliance proposition through the W2 portal, whilst Notolytix clients will benefit from W2’s best of breed PEPs and Sanctions data, seamlessly integrated with their current offering.
Ivan Stefanov, Co-founder of NOTO commented “The partnership with W2 further strengthens our product proposition, allowing our customers to use an industry leading PEPs & Sanctions data source. The combination of NOTO’s flexibility and the high-quality data of W2 will allow all of our users to achieve highly accurate and cost-effective PeP and Sanctions screening where needed.”
The partnership will further build on W2’s development of a full case management solution, seamlessly integrating onboarding to monitoring through a single point of integration. Clients will be delivered an enhanced transaction monitoring process to complement the highly efficient onboarding journey W2 has developed.
“We are looking forward to working closely with NOTO and to make a significant improvement to W2’s transactional monitoring feature within the W2 portal. We are also delighted to be providing NOTO with our PEPs and Sanctions data to improve their offering. It is clear that both parties have ambitious growth plans and the collaboration this partnership will provide means that both are able to benefit.”
W2 has access to leading data and service providers ensuring that up to date and reliable information is available via a range of online APIs and rescreening solutions; enabling businesses to satisfy regulatory requirements and make reliable informed decisions about consumer and corporate customers.
W2 provides Know Your Customer (KYC), anti-money laundering (AML), Know Your Business (KYB) and ID Verification (IDV). W2 can provide the right solution on a domestic and international scale, for both point of acceptance and ongoing monitoring. W2 offers the most customer focused compliance solution available, allowing active management of risk.
Notolytix Ltd. was founded in 2015 by a group of – fraud prevention & IT veterans, from global companies like Groupon, Paysafe and Rakuten
NOTO is an enterprise grade solution designed to address all financial crime threats. NOTO is data agnostic and uniquely flexible solution that empowers its users to efficiently combat fraud and money laundering across any vertical or industry. NOTO delivers unsurpassed ROI and truly global capabilities.
One simple integration helps companies transform their approach to fraud, compliance and risk management in any sector or vertical.
To learn more about NOTO, visit About NOTO