Source: Fourthline
Scalapay, a pioneering player in the Buy Now Pay Later industry, is reinforcing its commitment to regulatory compliance through a strategic collaboration with Fourthline, a prominent RegTech provider serving financial institutions across Europe. With its newly acquired status as a payment institution, Scalapay diligently ensures adherence to evolving regulatory standards across the European countries where it operates.
Through this partnership with Fourthline, Scalapay gains access to robust technology capable of ensuring ongoing compliance and adaptability to the dynamic European regulatory landscape. Fourthline offers a suite of solutions that empower banks and fintechs to automate KYC (Know Your Customer) and AML (Anti-Money Laundering) processes, all while adhering to local requirements. Their proprietary technology leverages artificial intelligence techniques, including computer vision, biometric data analysis, and optical character recognition…
Read full article: https://fourthline.com/newsroom/Scalapay_joins_forces_with_Fourthline
