How Encompass Is Transforming Corporate KYC and Digital Identity
•February 25, 2026
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Why It Matters
By streamlining corporate KYC and providing universal digital identities, Encompass could unlock faster credit access and drive cost efficiencies across the financial ecosystem.
Key Takeaways
- •Encompass originated in Australia, now global across UK, US
- •Platform gives corporations control over data permissioning during KYC
- •Digital identity mission aims to enable universal access to financial services
- •Company culture blends fun attitude with serious fintech focus
- •New logo symbolizes clarity and strength, inspired by diamonds
Summary
The video features an interview with Alex, a senior executive at Encompass, recorded at day four of CybOS Frankfurt 2025. He outlines how the Australian‑born fintech is reshaping corporate know‑your‑customer (KYC) processes and digital identity solutions for institutional clients.
Encompass began in 2012 in Sydney and has since expanded to Glasgow and New York, reflecting a deliberate global rollout. Its platform lets corporate customers manage which documents and data are shared with banks, offering real‑time visibility into onboarding status and reducing friction in loan‑oriented transactions.
Alex emphasizes the mission: “Give everyone in the world a digital identity,” noting that identity is the gateway to a ledger, credit and financial inclusion. He also shares the story behind the company’s diamond‑shaped logo, chosen to convey clarity and strength.
If adopted broadly, Encompass’s model could accelerate regulatory compliance, lower onboarding costs, and empower firms to control their data, a shift that may pressure traditional banks to modernize their KYC workflows.
Original Description
Corporate onboarding is one of the biggest bottlenecks in modern banking.
In this video, we explore how Encompass is helping financial institutions modernise corporate KYC, digital identity, and institutional onboarding without compromising regulatory standards.
Recorded at Sibos 2025 in Frankfurt, Alex Ford from Encompass shares how the company has grown from an Australian startup into a global provider supporting banks across Europe and North America.
She explains why digital identity is more than a compliance requirement — it is the foundation that enables businesses to access financial services, establish credit, and operate at scale.
The focus is on institutional and corporate clients, where onboarding is complex, documentation-heavy, and highly regulated.
Key themes covered in this episode:
• Corporate KYC transformation
• Digital identity infrastructure
• Institutional onboarding automation
• AML and regulatory compliance
• Client-permissioned data sharing
• Transparency in onboarding journeys
• Reducing friction for businesses
• Scaling compliance globally
• Founder-led fintech culture
Encompass enables banks and corporate clients to securely share the right information at the right time, track progress in real time, and reduce unnecessary back-and-forth.
This improves customer experience while helping institutions meet increasingly strict regulatory expectations.
The conversation also explores Encompass’ culture, mission-driven leadership, and the meaning behind its diamond logo — symbolising clarity, strength, and trust in financial identity.
This isn’t just about onboarding software.
It’s about:
• Building trust at scale
• Accelerating business relationships
• Reducing compliance risk
• Improving client transparency
• Supporting global expansion
• Strengthening regulatory resilience
• Making KYC work for growth, not against it
If you work in banking compliance, onboarding, risk, financial crime, institutional banking, fintech infrastructure, or enterprise operations, this video offers practical insight into how digital identity is reshaping corporate finance.
Explore how Encompass is modernising corporate KYC and digital identity :
@SibosTV @EncompassCorporation
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