19 May 2023
We are delighted to announce that NTT DATA Payment Services India has partnered with Facctum and chosen FacctView, a cutting-edge screening platform to expand its anti-financial crime defences. FacctView will be integrated into NTT Data Payments Services’ e-commerce platforms to detect and assess sanctions, terrorism financing, and money laundering risk in consumer transactions, thereby equipping them with high-performance countermeasures against criminals attempting financial crimes.
Takeo Ueno, CEO at NTT Data Payment Services, said, "Facctum technology is a great match for the needs of our high-growth and customer-focused PSP business in India. Its addition to our anti-financial crime defences shows our commitment to protecting customers and providing the highest standards of compliance effectiveness. This approach extends the capabilities of the business to provide continuous robust compliance whilst also improving the speed of services for customers.”
K.K. Gupta, Founder and CEO of Facctum, acknowledged the escalating threat posed by financial criminals in the payments ecosystem. He expressed gratitude for NTT Data Payment Services’ trust in Facctum’s technology to enhance risk controls.