You've been redirected from MobilePaymentsToday.com to PaymentsDive.com. In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

Remitly partners with Onfido for easier way to make global money transfers

Identity verification specialist Onfido is partnering with global remittance platform Remitly, according to a press release.

Onfido's AI technology is intended to help Remitly quickly onboard new users to its platform without running the risk of fraud or financial crime.

Remitly said it chose to partner with Onfido to deliver easy ID record checks to its users worldwide. Thanks to Onfido's AI-based technology, KYC processes can now be rapidly completed for new users wishing to join the platform. For those requiring further assurance, a document check can also be performed.

"Onfido's superior speed, solid match rates and customizable checks have enabled us to rapidly scale into new markets, and add more users to our global community," Nate Spanier, vice president of global payments and expansion at Remitly, said in the release. "Our users expect to be able to make and receive payments quickly and easily, and Onfido helps us to deliver on that promise without adding friction to their journey."