Sekuritance teams up to provide Banking using the Power of Embedded Fintech
Going forward, verified users and all new members of the Sekuritance Platform will now be eligible for a bank account via Sekuritance’s partners within our ecosystem (subject to eligibility). Sekuritance has partnered up with a banking partner to provide banking solutions to our verified customers. The integration is planned to start in Q3 and will provide users with a seamless process to apply for a bank account and visualise its transactions and functionality from within the Sekuritance ecosystem.
The team urges the community to boost their efforts to get the word out and verify themselves on the Sekuritance portal and verify their wallets.
With the chosen API-based Banking-as-a-Service platform, Sekuritance is co-building a digital banking product with a high degree of flexibility and provides a faster go-to-market strategy. The APIs are built for scalability and combine RegTech and PayTech in a seamless platform. These partners have the capabilities to passport their full banking licence into all EEA countries, enabling Sekuritance to expand their embedded banking product internationally.
Excited about the upcoming new product, Jonathan Camilleri Bowman, CEO at Sekuritance said; “We recognise that we all use banking services every day, and yet within every country it is becoming increasingly difficult to acquire basic banking services. With these new partnerships, and retaining our focus on the RegTech and Compliance market, we believe we will be able to attract new vertical markets and users with state of the art banking features, opening up a multitude of new revenue streams to complement our existing core business.”
Camilleri Bowman follows on by saying; “Bringing the banking element into the picture was the next evolution of the Sekuritance ecosystem where our users who have already passed through rigorous biometric, human and document validation checks and verification procedures can now benefit from a plethora of new banking products and services which will be made available to them in various jurisdictions.”
What does this partnership mean for $SKRT stakers and holders?
All $SKRT stakers will benefit from reduced rates and additional benefits. Users who stake $SKRT in the Sekuritance portal before the end of June 2022, and keep them staked for at least 12 months will also benefit from these new program rebates and other combined rewards with additional features which will be announced in due course. The initial features which are being worked on are:
- Current Accounts
- SEPA Transfers
- Virtual IBANs
- Sekuritance Branded Cards
- Special edition cards for $SKRT Stakers
- Single-use Virtual Cards
The Sekuritance RegTech provides a single platform for every compliance need within a business, including end-to-end KYC, KYB, AML, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements.
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