Amsterdam-based Fourthline is one of the fastest-growing digital KYC providers and offers KYC-related services that complement the °neo lending and accounts engines.

Integration will enable clients to do a quick and automated watchlist screening on existing customers against PEP and sanction lists. This will detect fraud and de-risk clients’ existing customer portfolio.

Stefan Wittens, Platform Experience and Ecosystem lead at °neo by Five Degrees: “We are proud to work with Fourthline for our cloud-native core banking offering °neo. Given Fourthline's ambition and presence, we foresee great opportunities to jointly serve the market.”

Serkan Ünal, Head of Strategic Partnerships at Fourthline: "We are very excited to be part of Five Degrees' ecosystem, a company with a wealth of experience and a world-class track record in the financial sector. °neo by Five Degrees' cloud-native SaaS platform, combined with Fourthline's bank-grade compliance as a service, will help our respective clients speed up their go-to-market strategies, smoothen their customer onboarding experience and increase their fraud detection rates.”

Five Degrees is a front-runner in delivering next-generation banking technology and has been for over a decade. Founded by bankers in 2010, their clients are leading banks and lenders in Europe and North America with a strong digital ambition. Solutions that can be offered in combination with Fourthline ares very important add-ons to the portfolio to offer banks and lenders a full-fledged solution.