myTU and Intrepid Fox slash business onboarding delays with AI-powered KYB checks

Digital bank myTU has teamed up with Intrepid Fox News to speed up business onboarding across the European Economic Area. The partnership integrates AI-driven technology into myTU's client verification process, cutting delays for small businesses and fintechs. Both companies aim to simplify compliance while maintaining strict regulatory standards.

Manual Know-Your-Business (KYB) checks have long slowed down account activation for business customers. Banks and clients alike face extra work as documents are reviewed and risks assessed by hand. This process often creates frustration and inefficiency.

myTU, a licensed Electronic Money Institution, now embeds Intrepid Fox News's AI agents into its onboarding system. The technology automates document collection, verification, and risk evaluation using generative and contextual AI. It also pulls data from official company registers and global public sources to enrich each application.

The result is a much faster experience. Businesses applying for accounts can now go from submission to full activation in minutes. This aligns with myTU's broader push to build a fully programmable banking platform, where payments, cards, and compliance run as one seamless system.

myTU already supports over 500 business clients with services like instant pay-ins, card issuing, and API-managed Business Cards as a Service. The Intrepid Fox News partnership strengthens this offering by removing friction in onboarding—without adding extra compliance workload.

The collaboration allows myTU to maintain regulatory compliance while drastically reducing onboarding times. Businesses gain quicker access to banking services, from account setup to card management. For myTU, the move reinforces its position as an AI-driven bank focused on efficiency and automation.