Shieldpay: Partners with Fenergo to achieve perpetual due diligence and scale operations
- Shieldpay is a B2B payments business that provides a cloud-based digital escrow and disbursement solution
- Fenergo, the leading provider of digital solutions for Know Your Customer (KYC) and Client Lifecycle Management (CLM)
- The companies are working together to realize a comprehensive CLM system and perpetual risk monitoring
- Provides secure B2B payments to legal and professional services firms, financial services, and technology platforms
- It has processed over $5bn of corporate funds for litigation settlements, M&A deals, real estate
- It is leading the way in the payments industry for financial crime identification and prevention
