The Fortitude Pledge was created with the goal of ensuring zero financial crime across all card transactions. By implementing this pledge, Enfuce plans to thoroughly screen every transaction, identify high-risk activities, block prohibited transactions, report suspicious ones, and train employees on AML (Anti-Money Laundering) and CTF (Counter-Terrorism Financing) best practices.
Details of allpay’s Partnership with Enfuce
The Fortitude Pledge serves as a benchmark for financial institutions to commit to zero tolerance towards financial crimes, such as human trafficking and terrorist financing. This move by allpay reflects its dedication to creating a more transparent payment ecosystem.
Enfuce and allpay are collaborating across two key areas: card manufacturing and payment processing. Their combined expertise aims to provide secure solutions for the UK market. Enfuce’s cloud-based technology is helping modernize public sector payments, making them more secure, efficient, and protected from fraudulent activities.
Allpay is also involved in driving card manufacturing and personalization for Enfuce’s MyCard solution, offering a secure, simple, and customizable card experience. Additionally, allpay recently launched DOSH in the UK, a direct-to-consumer product designed to provide modern, intuitive, and secure financial services.
This development is particularly significant for supporting vulnerable adults and underbanked individuals with limited financial resilience. DOSH benefits from Enfuce’s processing capabilities, featuring in-app authentication, tokenization, and a dedicated BIN. It includes transparent pricing, financial literacy tools, and UK-based human support, backed by allpay’s 30-year expertise in public sector payments.
Through the Fortitude Pledge, Enfuce is challenging traditional approaches to financial crime prevention, urging institutions to take proactive measures. The pledge underscores that responsible actions not only protect against illegal activities but also enhance business reputation and performance.