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Netherlands’ NIBC Chooses Fenergo’s SaaS KYC Solution for Client Onboarding Efficiency

FinTechNetherlands' NIBC Chooses Fenergo's SaaS KYC Solution for Client Onboarding Efficiency

NIBC, a Netherlands-based commercial bank, has selected Irish fintech Fenergo for its onboarding and know your customer (KYC) solution. Fenergo’s Software-as-a-Service (SaaS) offering, integrated with Salesforce at the front end, will replace the bank’s legacy systems for KYC, aiming to achieve operational efficiencies. The solution will provide a single client view across the business and streamline the onboarding process for new clients with enhanced KYC processes. NIBC’s director, Daniella Steenbergen, noted the need to replace the bank’s in-house KYC system and highlighted the quick deployment of Fenergo’s solution within a short timeframe. Fenergo, founded in 2009 and based in Dublin, offers KYC, transaction monitoring, and client lifecycle management solutions to banks and fintechs.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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