Tessi and MiTrust announce a technology partnership to make sharing data simpler and more secure

The management and verification of personal data in many regulated sectors such as banking, insurance, real estate, healthcare, etc. demands strict checks at the start of the relationship and potentially throughout the whole customer lifecycle; these checks can make processes more cumbersome and create friction that hinders the completion of customer files.

To optimise these checks and smooth the digitalisation of processes, Tessi creates digital platforms facilitating, in particular, remote identity verification, automated data extraction and analysis of data using AI.

In order to enhance the simplification, security and added value for clients, Tessi and MiTrust are announcing a technology partnership, aimed at integrating the MiTrust service into Tessi’s digital platforms.

As a trusted intermediary for data sharing, MiTrust enables users to seamlessly filter and share trusted personal and business data directly from regulated data sources (banks, telecom operators, energy providers, governmental services, etc.) to online sites in an immediate, simple and secure manner, via a “data first” transfer.

The integration of MiTrust into Tessi’s digital platforms will aim to:

• simplify the process of onboarding private and professional customers
• automate and enhance the reliability of KYC checks at the start of the relationship and during remediation campaigns
• automate the updating of shared data
• ensure the intelligent management of data and maximise its value throughout the whole process
• implement the essential principles of GDPR such as the minimisation of personal data (“Share less to share better”).

“Integrating MiTrust into our solutions is another step towards the ultimate digitalisation of Tessi’s offering at the service of our clients and their users, in line with the fundamental European values regarding personal data,” said Cécile Devin, Deputy Managing Director, Tessi Group.

“MiTrust is a natural addition to Tessi’s tools and technologies. Tessi’s presence in many business sectors and its intimate knowledge of its clients’ businesses and operational processes are essential assets for accelerating the distribution and use of our service,” added Xavier Drilhon, Co-founder and CEO of MiTrust.