XYO Network Partners with Leading Authentication Portal, LEI.INFO
Summary
SAN DIEGO--( BUSINESS WIRE )-- XYO Network , the technology bringing blockchain to the real world, has partnered with Legal Entity Identifier (LEI) , a global portal created to deliver a consistent, resolution mechanism for the LEI system, the de-facto standard for identifying banks and companies actively involved in the financial industry.With simplicity at its core, the LEI code holds tremendous importance for the transparency of financial markets and for all KYC (“Know Your Customer”)-based business decisions (such as client on-boarding) in the world of finance and beyond.“Our partnership with XYO can drive real value in many ways,” said Mirek Sopek, President, Legal Entity Identifier.“We’re excited to build out our partnership and to work closely with LEI,” commented XYO Network co-founder Markus Levin.LEI.INFO also offers an array of integration services for obtaining more intricate information regarding Legal Entities, which can be pivotal for both KYC and customer on-boarding processes.