Nium, a real-time cross-border cost options supplier, has introduced a number of
modifications to its management workforce and enterprise partnerships. The corporate has
appointed Alexandra Johnson to the newly-created place of Chief Funds
Officer (CPO) and has expanded its current partnership with Trulioo, an
identification verification platform.
These strikes
are a part of Nium’s efforts to strengthen its world funds community and
enhance its compliance capabilities.
Alexandra Johnson
Appointed as Nium’s Chief Funds Officer
In a newly created place, Alexandra Johnson will function Nium’s CPO, overseeing
the corporate’s world banking and cost operations. Johnson brings in depth
expertise within the banking and funds trade, having beforehand held
management roles at Financial institution of America and JP Morgan.
“Alex’s
expertise in banking and funds is invaluable, and I am excited to see her sort out this function head-on and contribute to the expansion of the
enterprise,” commented Prajit Nanu, the Co-Founder and CEO of Nium.
New Exec Alert 🚀 Alexandra Johnson is becoming a member of Nium as Chief Funds Officer! Alexandra brings a wealth of expertise within the banking and funds area, making her the right match to spearhead Nium’s world banking and cost operations. https://t.co/LpdpCRow3R pic.twitter.com/R8aR0HB4Yz
— Nium (@NiumGlobal) April 22, 2024
As Chief
Funds Officer, Johnson will handle and develop Nium’s funds community, guarantee compliance with regulatory insurance policies, and collaborate with danger and compliance groups throughout varied markets.
“I’m
prepared and excited for the chance to level-up the already stellar community
that exists at Nium and ship progressive and market main options to our
clients throughout the globe,” Johnson added.
Nium Expands Partnership
with Trulioo
Nium has
additionally introduced an expanded partnership with Trulioo to reinforce its UK
operations and ship speedy, compliant cost experiences. The collaboration
leverages Trulioo’s identification verification capabilities, enabling Nium to conform
with stringent Know Your Buyer (KYC) and Anti-Cash Laundering (AML)
rules whereas sustaining a seamless buyer expertise.
Since
integrating Trulioo’s Particular person Match identification verification answer, Nium has
seen a 27% improve in its total KYC verification fee within the UK, with
clients being verified in lower than 6.43 seconds.
“As we
assessed our U.Okay. compliance necessities, leveraging our trusted relationship
with Trulioo solely made sense,” stated Dylan Lowrey, Normal Counsel at Nium. “Trulioo
Particular person Match gives us with complete knowledge units, that are essential for
identification verification.”
Trulioo, an identification platform with confirmed world protection for individual and enterprise verification, yesterday introduced at Money20/20 Asia its collaboration with Nium. https://t.co/Or82pf5etQ #collaboration #compliancetechnology #moneytransfer #nium #funds #Options #WBO pic.twitter.com/gaIoiqPi0O
— World Enterprise Outlook (@wboutlook) April 22, 2024
Nium’s Rising International
Presence
Nium’s
latest appointments and partnerships come as the corporate expands
its world presence. Its payout community helps 100 currencies throughout 190+ international locations, and its rising card issuance enterprise is offered in 34 international locations.
The corporate
holds regulatory licenses and authorizations in additional than 40 international locations,
enabling seamless onboarding, speedy integration, and compliance throughout
geographies.
In
February, the corporate introduced that it was increasing its providers to India
after acquiring native licenses. A number of weeks in the past, it grew to become the primary world fintech to obtain Japanese authorization to course of giant monetary
transactions. In the meantime, the corporate has partnered with Ebury, one other cost
fintech. This collaboration focuses on cross-border funds in Brazil.
This text was written by Damian Chmiel at www.financemagnates.com.
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