Through an API interface layer, fintechs may connect to key financial services including accounts, cards, and compliance via Integrated Finance's cloud-based offering.

According to Alistair Cotton, CEO and co-founder of Integrated Finance, "we will add continuous risk monitoring to our existing onboarding, screening, and transaction monitoring capabilities" with the inclusion of KYP's real-time data intelligence solution and risk monitoring platform.

According to its website, KYP offers "ongoing monitoring, insights, and alerts to yield a comprehensive picture of the partners, suppliers, and businesses your business depends upon."

Data visualization is made possible by the technology, which also notifies organizations of potentially harmful data breaches from outside partners. In order to increase trust and empower risk and fraud teams to choose which businesses to collaborate with more intelligently, it also searches the dark web's past for more information on possible partners.

The latest agreement, according to Alan Nagle, CEO and founder of KYP, signifies the platform's growth "in the realm of risk intelligence in payments." Founded in 2021, the UK-based start-up has already extended its solutions to tell.money at this time last year to enable open banking account providers to apply risk monitoring.