Bits Technology added power of attorney support for organisation stakeholders during onboarding, and expanded risk classification for Finnish companies to cover all industry and legal form codes. The release also improves the speed and precision of PEP and sanctions screening.
Our readMandates are a common blocker when onboarding business customers, because the person applying is often acting for someone else. The Finnish coverage matters most to Nordic lenders; others should ask which markets get the same treatment next.