1 minute read
ONBORD
Contact
Edward Cahill
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CEO
edward.cahill@onbord.com 24 Holborn Viaduct London EC1A 2BN
www.onbord.com onbord
Any Counterparty, Anywhere, for Any Business
Company Introduction
ONBORD provides an all-in-one onboarding solution for businesses. We combine antifraud, AML screening and credit decisioning in one white label system. The solution is delivered in a no-code solution for SMEs and an API for larger enterprises.
We believe in true KYC in a holistic way and we don’t believe it should be a tick the box exercise particularly as fraud increases around the world.
Our USP is that we were designed to be implemented instantly without requiring expensive staff or a complicated development project. We have over 50 data integrations built into the system to enable us to create a risk picture of a person or business anywhere in the world instantly. Everyone in the system is risk categorised automatically and there are a large amount of anti-fraud checks that most businesses couldn’t easily implement.
Current activity in Hong Kong
We are onboarding clients globally for our 55 clients, many of which have end clients in the APAC region.
Hong Kong expansion plan and motivation
We have been part of a programme and trade mission that have made us certain that Hong Kong should be our base in the region as it seems the regulatory and ecosystem support is very much focused on becoming a centre of excellence in RegTech. We aspire to become the best in class provider of onboarding technology globally.
Company’s objectives for the Hong Kong market
ONBORD is active in the UK market but we already process quite a few Hong Kong residents for our clients so we have established our system is effective in the region. We believe we can immediately have an impact at law firms, exporters and other non-financial entities in the region. We also hope to impress the larger financial institutions but we believe our greatest benefit may be to provide a first line of defence to their business customers rather than to replace or augment any systems they may already have.
