Elevate Your SME's Success: Banca AideXa - Your Trusted Partner in KYB and Fraud Prevention

Elevate Your SME’s Success: Banca AideXa – Your Trusted Partner in KYB and Fraud Prevention

Banca AideXa, a prominent Italian FinTech company dedicated to supporting small and medium-sized enterprises (SMEs), has recently announced a strategic partnership with Trustfull, a leading provider of advanced fraud prevention solutions. This collaboration aims to significantly enhance Know Your Business (KYB) controls and fraud prevention measures during the critical customer onboarding process, further strengthening Banca AideXa’s commitment to delivering fast, secure, and customer-centric financial services to the SME sector.

About Banca AideXa and Its Mission

Founded in 2020, Banca AideXa was created to address the unique challenges faced by SMEs, which contribute to 50% of Italy’s GDP but are frequently underserved by traditional banking systems. Utilizing innovative technologies such as open banking and AI-driven assessments, Banca AideXa streamlines the credit application process, enabling businesses to receive financing proposals and funds quickly. This efficiency solidifies its position as a trailblazer in financial innovation for SMEs.

Enhancing Security with Trustfull

Trustfull specializes in analyzing various digital signals from users’ phone numbers, email addresses, and IP addresses to detect and mitigate suspicious or fraudulent activities. Their state-of-the-art, real-time checks operate seamlessly, allowing companies like Banca AideXa to bolster their security measures without disrupting the user experience.

Revolutionizing SME Financial Services

Walter Rizzi, the Deputy General Manager and Chief Product & Customer Officer at Banca AideXa, remarked, “Our partnership with Trustfull signifies a crucial advancement in our mission to redefine financial services for SMEs in Italy.” He emphasized that Trustfull’s advanced technology and expertise significantly enhance their anti-fraud protocols while ensuring a hassle-free user experience.

Commitment to Customer Experience

Paolo Mardegan, Sales Director for Italy at Trustfull, expressed excitement about the collaboration, stating, “We are honored to partner with one of the most dynamic FinTech companies in Italy. We anticipate aiding Banca AideXa in strengthening KYB controls during SME onboarding, ensuring that security and customer experience are aligned.”

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Conclusion: A Secure Future for SMEs

This partnership empowers Banca AideXa to further refine its digital loan application and onboarding processes, ensuring that legitimate SME customers enjoy a smooth experience while effectively detecting fraudulent activities before they can inflict damage. For more insights into the impact of fintech on SMEs, visit Finextra.

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