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Mauritius Based, ARIE Finance Launches Its Electronic KYC Process for Onboarding Clients

ARIE Finance, the bespoke digital and service-based financial ecosystem for business banking customers has announced the launch, initially in Mauritius, of a new Electronic KYC process for onboarding and meeting the ongoing compliance needs of its clients. This new process will enable ARIE Finance to provide a more streamlined experience by accelerating onboarding and verification processes while complying with the Financial Services Commission’s regulations.

ARIE Finance MEA has already significantly improved the holistic business and investment banking experience using multiple state of the art APIs and automated tools, connected to its existing onboarding solution and digital platform. The introduction of this Electronic KYC process is a single element of the benefits a native digital bank is able to offer and a significant shift from the traditional, laborious, paper-based process in which clients need to provide original paper documents to complete the verification process.

The Electronic Verification tools that form part of the KYC process include verification of identity and address of natural persons and verification of corporate clients’ details.

Commenting on the launch, Aisha Sudally, ARIE Finance’s Managing Director for Middle East, Asia and Africa, said, “The launch of our new e-verification process is a major step for ARIE Finance. It meets all the regulatory requirements of the Financial Services Commission and will not only improve the experience of our clients and efficiencies of our processes, but form the industry standard in Mauritius moving forward”.

As part of this new process, ARIE Finance is also implementing electronic signatures for client signed documents, with multiple authentication methods in place to ensure the documents are being signed by the actual recipient.

Sudally added: “We believe that independent verifications made through reputable and reliable service providers go well beyond the Financial Services Commission’s requirement for certification and are poised to be a central pillar for the new age of compliance in Mauritius. We are looking forward to working closely with the Commission to implement more digital process into a fast moving and evolving industry”


  • Francis is a journalist and our lead LatAm correspondent, with a BA in Classical Civilization, he has a specialist interest in North and South America.

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