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September 28, 2022
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Digital identity verification startup Qoobiss has signed a partnership with RoCapital

RoCapital will use the interrogation and reporting to NAFA services together with the AML provided by Qoobiss

Romanian digital identity verification startup Qoobiss has signed a partnership with RoCapital, the Nonbank Financial Institution part of the KRUK Group which will use the interrogation and reporting services to NAFA (National Agency for Fiscal Administration) together with the anti-money laundering monitoring services offered by Qoobiss.

Qoobiss’s fully automated software will provide RoCapital clients a fast digital verification experience, aimed at increasing the conversion rate by facilitating user enrollment and the AML verification process. Also, the fully digital solution offered by Qoobiss will help RoCapital in digitizing the company’s activity, one of its important strategic objectives.

Digital identity verification startup Qoobiss has launched the first fully automated Know-Your-Customer (KYC) solution in Romania, providing complex services ensuring anti-money laundering and countering the financing of terrorism (AML/CFT) in addition to user identification services. With the recent changes to the national AML legislation, Qoobiss’s experts have developed an advanced solution for the financial sector, designed to provide all the necessary support for companies that wish to ensure they are in compliance with the new legislative requirements in the industry.

Customer identity and AML verification is required under privacy laws, anti-fraud legislation and digital verification requirements. The AML screening offered by Qoobiss, thus, facilitates the verification of natural persons for belonging to the following categories: persons listed on international sanctions lists (these lists include: Consolidated List of the UN Security Council, Consolidated List of persons, groups and entities subject to EU financial sanctions, etc.); politically exposed individuals; individuals pursued by the Romanian Police.

The Qoobiss solution also ensures the protection of personal data, using the latest encryption technologies to extract, collect and process personal data.

 

 About RoCapital

 

RoCapital is a non-banking financial institution specialized in granting personal needs loans for short to medium term. RoCapital is part of the KRUK Group, and its activity is supervised by the National Bank of Romania, thus guaranteeing the provision of high-quality lending services.

The KRUK financial group of which RoCapital is a part of has been present on the European market for 20 years and operates in nine countries, including: Poland, Romania, Italy, Spain, Malta, Germany, the Czech Republic, Slovakia and Luxembourg.

 

About Qoobiss

 

Qoobiss is a leading European company providing digital identity verification services. Highly reliable, secured and completely automated solutions are developed and customized for a wide range of industries. Innovative and reliable, our solutions protect companies against fraud and ensure compliance with different regulatory obligations. Qoobiss enables companies to verify their customers while maintaining complete data privacy.

Qoobiss is a technological and conceptual continuation of Credimatic Network, a company established in 2016, focused on the development of software and hardware technical solutions for the fintech industry. Credimatic Network introduced on the market innovative technologies for distant customer service aimed at improving customer experience, processing time reduction and operational costs optimization. Over time, the company has extended its competence in various industries, building software solutions with the latest AI-powered biometric technologies and in 2021 we launched QOOBISS.

 

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