UK wealth management app partners with regtech platform

Agreement aims to keep customers’ investments and accounts ‘safe and protected from financial crime’

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TruNarrative, a regtech platform in the financial crime and compliance sector, has formed a partnership with UK banking and wealth management app Ikigai.

The partnership will give Ikigai full access to the TruNarrative platform and its capabilities, in customer onboarding, identity verification, account monitoring, payment screening, transactional risk and ongoing risk monitoring of customers.

The regtech platform enables businesses to detect fraud and identify risk using a single application programme interface (API) and its tech is used to strengthen fraud detection and compliance.

“TruNarrative will help us ensure that our customers’ investments and accounts are safe and protected from financial crime,” said Ina Browning, vice president of operations at Ikigai.

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