Treasury Prime, a frontrunner in embedded banking software, has announced a strategic partnership with Footprint, a premier unified onboarding platform specializing in identity, fraud, and security.
This partnership adds Footprint to Treasury Prime’s Partner Marketplace, providing banks and fintech clients with access to top-tier Know Your Customer (KYC) and Know Your Business (KYB) technologies.
“Robust KYC processes are crucial for fraud prevention and secure onboarding,” stated Mark Vermeersh, Chief Platform Officer at Treasury Prime. “We prioritize feedback from our bank partners, many of whom expressed the need for enhanced identity verification options. Our integration with Footprint is a direct response to this demand.”
Footprint offers a suite of pre-built user interface components and tools, enabling banks to efficiently manage vendor onboarding while maintaining compliance. This turnkey service integrates onboarding UX with fraud and security tools, allowing banks and fintechs to scale quickly and securely.
“Effective onboarding is essential for building customer trust,” said Eli Wachs, CEO of Footprint. “Traditionally, it requires multiple point solutions, but Footprint provides a unified platform that stops fraudsters, verifies identities accurately, and ensures secure data transfer. Our integration with Treasury Prime will accelerate growth for banks and fintechs, underpinned by a foundation of trust.”
This collaboration is the latest in Treasury Prime’s 2024 partnership series, following their integration with Narmi for instant payments via FedNow and the addition of OMB Bank to their extensive bank network.
