Bank of Ceylon enhances KYC & KYB with Sikoia
Sikoia is thrilled to announce its new partnership with Bank of Ceylon, designed to streamline their KYC and KYB processes, enhancing efficiency and compliance.
Sikoia, a leading fintech provider, is excited to announce its strategic partnership with Zühlke, a global innovation service provider. This collaboration integrates Sikoia into Zühlke's banking ecosystem, recognising Sikoia as a proven SaaS partner for customer verification solutions in financial services.
This partnership highlights Sikoia's commitment to delivering cutting-edge customer verification and onboarding solutions, particularly in the UK’s consumer lending and mortgage sectors. Building on recent successes, such as Mutual Vision and Green Mortgages, Sikoia continues to streamline and enhance the customer experience.
The partnership aims to drive innovation and efficiency in the financial services sector by combining Sikoia’s advanced technology with Zühlke’s strategic approach, multidisciplinary expertise, and rich experience in banking and insurance transformation. Sikoia’s platform leverages sophisticated algorithms and machine learning to automate and optimise customer verification processes. This reduces operational costs and significantly improves the accuracy and speed of verification, ensuring compliance with Consumer Duty regulations and enhancing the overall customer journey.
Emmanuelle Johaadien, Commercial Director at Sikoia, stated, “Our collaboration with Zühlke is a testament to our shared vision of transforming financial services through innovative technology. This partnership will enable us to provide robust and efficient solutions to Zulkhe clients.”
Maurice Roach, Managing Director Financial Services UK at Zühlke, added, “We are delighted to welcome Sikoia into our ecosystem. Together, we aim to create modern, transformative, customer-centric digital solutions that address real problems and drive financial services institutions forward.”
Zühlke’s extensive experience in consulting, software engineering, and Data & AI will complement Sikoia’s offerings, creating a robust and scalable solution for financial institutions. This synergy will empower financial organisations to navigate the complexities of regulatory requirements while maintaining high service and security standards.
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About Sikoia
Sikoia is a London-based fintech that helps financial services providers automate key parts of their customer verification processes. Designed to streamline the customer verification process, Sikoia offers centralised access to organised customer data and generates automated insights that simplify the onboarding experience.
Sikoia’s solutions are built for seamless integration into existing systems via API or for direct use through its straightforward, ready-to-use Customer Evaluation Dashboard.
Currently, Sikoia serves fintechs and large established institutions in more than three countries. It is regulated by the Financial Conduct Authority (FCA) as an Account Information Service Provider (AISP) and Credit Reference Provider and is backed by leading institutional investors.
About Zühlke
Zühlke is a global innovation service provider founded in Switzerland in 1968, empowering ideas and creating new business models through strategy and business innovation, digital solutions, and device and systems engineering. With 1,900 employees across Austria, Bulgaria, Germany, Hong Kong, Portugal, Serbia, Singapore, Switzerland, the United Kingdom, and Vietnam, it develops services and products based on new technologies, from vision to deployment and beyond. Its venture capital arm, Zühlke Ventures, supports high-tech start-ups, ensuring its clients benefit from unique business value and a reliable foundation for ongoing success.
For more information, visit www.sikoia.com and www.zuehlke.com.