14 July 2021

Canny extends marketplace with TruNarrative

Written By The Canny Technology Company Ltd (Canny)

Canny extends marketplace with TruNarrative

Technology platforms TruNarrative and Canny form partnership to help firms access the latest in RegTech innovation.

Technology platform Canny have integrated the TruNarrative solution into their financial services marketplace. Delivering Canny’s current and future customers access to TruNarrative’s financial crime decision engine and extensive third-party app store for regulatory compliance and customer onboarding.

 

Canny Co’s marketplace is designed to provide financial institutions the whitelabelled, API solutions they need to rapidly expand their product offering into new areas including; lending, FX, payments and savings.

The Canny Cloud platform is trusted by leading financial services firms for digitised payments, AI-driven data analysis, lending orchestration. Additionally, Canny delivers the ability to invoice-to-pay, and request-to-pay via its CannyPay solution.

TruNarrative technology delivers the customer onboarding and compliance strategies for some of the world’s leading businesses and is a critical supplier for a number of challenger banks and EU payments organisations.

Delivered through Software-as-a-Service (SaaS) TruNarrative’s Risk & Financial Crime platform offers 50+ pre-integrated third-party data sources covering 180+ countries.

TruNarrative’s solution is now integrated into Canny’s marketplace of technology partners, delivering even more functionality and agility to their customers. Allowing them access to the latest technology to evolve their tech stack and enhance their business.

The TruNarrative platform complements Canny’s existing marketplace partners with real-time financial crime decisioning and risk rating, enabling Canny’s clients to provide a seamless onboarding experience for their customers.

The partnership with TruNarrative will allow Canny to rapidly extend their marketplace offering, with access to TruNarrative’s data partnerships, including leading credit reference agencies and data providers.

Integrating TruNarrative’s technology into Canny’s cloud-based platform means that Canny’s clients will be able to perform, identity and document verification, account & transaction monitoring and anti-money laundering checks. Enabling Canny partners to accelerate their businesses and comply with current and future regulation.

Canny’s customers will be able to orchestrate their end-to-end onboarding and due diligence processes using TruNarrative. Utilising customisable workflows and referral management capabilities to reduce false positive referrals and drive efficiency for their operational teams.

Firms will be able to design their financial crime prevention strategies within TruNarrative’s intuitive platform and access valuable reporting via the Canny platform.

“Through our strategic partnership with Canny, firms will be able to access the latest in RegTech innovation, reducing their requirement for development resources and increasing the speed they can bring their products to market ” says John Lord, TruNarrative CEO. “We look forward to working with them and helping them and their customers grow”.

“We are happy and excited to be working with TruNarrative, enabling us to empower our clients to perform; identity and document verification, account & transaction monitoring and anti-money laundering checks and get access to RegTech innovation. We look forward working with TruNarrative as we transform customer proposition, drive efficiency and bring additional revenue stream to our clients” Aaditya Rathod, Co-Founder of The Canny Co. 

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