RDC Customer Screening Platform Selected by TransferGo

Global deal with Leading Money Transfer provider to achieve efficient, comprehensive customer screening

October 23, 2018 07:00 AM Eastern Daylight Time

NEW YORK & LONDON–(BUSINESS WIRE)–Regulatory DataCorp, Inc. (RDC), the global leader in compliance screening, today announced that TransferGo, a leading UK-headquartered money transfer company, has chosen RDC as their KYC/AML screening partner.

With more than 700,000 global users across 48 countries, TransferGo continues to experience rapid growth. With this however, comes the challenge of balancing the need to quickly and efficiently onboard new customers while responsibly and thoroughly screening customers for all risk factors. Using RDC Client Review, TransferGo now uses their configurable filtering that reduces match rates by 30%, all while screening against Sanctions, Politically Exposed Persons (PEPs) and Adverse Media. In addition, RDC’s Portfolio Monitoring now provides TransferGo with automated, daily client screening via a secure, cloud-based platform that offers the long-term scalability required by this developing business.

“RDC helps us to safely fulfill all our obligations to regulators and provide a quick and seamless experience for our customers,” said Daumantas Dvilinskas CEO of TransferGo. “RDC’s system ensures that our client database is constantly screened with newest information available, therefore we can quickly react and re-evaluate any risk posed on an ongoing basis.”

“Like many FinTech companies, TransferGo’s success is tightly coupled with their ability to rapidly onboard new customers and get their accounts opened,” said Tom Walsh, CEO of RDC. “RDC’s market-leading customer screening platform gives them the KYC/AML protection they need together with operational efficiency and scalability to match their exciting growth trajectory.”

About TransferGo

Founded in 2012, TransferGo is the fastest, most reliable, remittance company in Europe and the only Pan-European money transfer company that can guarantee your money will reach its destination in 30 minutes. We put the customer first and deliver transparency, and by prioritising customer experience, we’ve built a brand that thousands of clients trust and a product they love (rated Excellent on Trustpilot, with 96% 5* reviews NPS of 83) our vision is to make international financial services pain-free and without artificial borders. Founder and CEO Daumantas Dvilinskas was included in the 2017 Forbes 30 under 30 and the company was recently nominated for “Fastest Rising Startup of the Year” at TechCrunch Europa Awards 2018.

About RDC

Regulatory DataCorp, Inc.,(RDC), the Smarter Screening™ company, delivers powerful, decision-ready intelligence and world-class risk and compliance protection, allowing global organizations to identify banned/suspect entities, strengthen fraud protection, ensure regulatory compliance, manage supply and distribution risk, and protect their brand equity. With the world’s largest open source risk-relevant database, RDC provides AML/KYC compliance; Politically Exposed Persons (PEP) protection; emerging market intelligence; corruption, fraud and crime protection; and vendor screening and monitoring to a wide range of clients worldwide. Founded by 20 of the world’s leading financial institutions, today RDC is a Vista Equity Partners portfolio company. Learn more about RDC by emailing info@rdc.com or visiting www.rdc.com.


Michael Kerman, +1 484-688-5164