Bits Technology partners with Cardlay to deliver enhanced KYC and compliance capabilities

With businesses increasingly focused on modernizing their compliance and spend management processes, finance teams are seeking integrated technology solutions that enhance the user experience while ensuring regulatory adherence. Bits Technology partners  with Cardlay, a leading fintech company based in Denmark, to deliver an end-to-end solution combining advanced compliance tools with card and expense management capabilities. 

Through this integration, Bits Technology aims to streamline compliance workflows and provide businesses with scalable tools for due diligence, onboarding, and regulatory adherence. By aligning with Cardlay’s robust digital infrastructure, the partnership seeks to simplify complex compliance processes for SMEs and large corporations.

“We’re thrilled to partner with Cardlay, a company renowned for its innovative spend management solutions,” said Fredrik Eriksson, Chief Commercial Officer and Co-founder at Bits Technology. “By combining our advanced compliance technology with Cardlay’s platform, we’re enabling businesses to elevate their financial operations while staying compliant and secure.”

Key benefits of the partnership:

• Enhanced KYC and AML capabilities: Bits Technology’s automated tools reduce manual intervention, ensuring faster and more accurate compliance processes.

• Strengthened core offering: The integration of Bits Technology complements Cardlay’s suite of digital solutions, enabling businesses to seamlessly manage cards, payments, and expenses.

• Elevated customer value: Businesses benefit from streamlined onboarding and compliance workflows, unlocking efficiency and scalability without sacrificing regulatory integrity.

“Adding Bits Technology to our partner network will help adding advanced compliance and onboarding capabilities to our offering for future clients,” said Kasper Guul Laursen, SVP Sales and Partnerships of Cardlay. “Through their standardized approach we can get to market faster and reduce manual efforts, improve accuracy and streamline onboarding”. 

About Bits Technology
Bits Technology specializes in compliance automation, providing customizable solutions to streamline workflows, mitigate risk, and ensure regulatory compliance. With advanced KYC, AML, and customer due diligence tools, Bits Technology enables businesses to scale securely and efficiently.

For more information, visit www.bits.bi.