Nynke Postma Joins Encompass Corporation to Transform KYC with Corporate Digital Identity

Encompass Corporation, the leader in Corporate Digital Identity (CDI), has announced the appointment of Nynke Postma, the founder and former CEO of Blacksmith KYC, to its leadership team. This strategic move aims to enhance the global banking sector's utilisation of CDI.

Postma will assume the role of Head of Business Development for Asia and the Middle East, operating from Singapore. She will work closely with Chief Revenue Officer (CRO) Steve Hadaway to optimise the value and potential that customers derive from Encompass' CDI product propositions.

This appointment comes on the heels of Encompass’ recent acquisitions of ING-led innovations Blacksmith KYC and CoorpID. These acquisitions, completed earlier this year, underscore Encompass’ commitment to addressing the critical challenge of corporate and institutional client identification and verification through CDI.

With over 20 years of experience in financial services, Postma has held several senior positions at ING, covering diverse areas such as programme and product management, software delivery, and fraud management. In 2017, she founded Blacksmith KYC in Singapore, where she built and led the team. Prior to this, she orchestrated a strategic merger of daily banking operations in ING’s core markets of the Netherlands and Belgium, affecting 11 million retail customers.

Blacksmith KYC, established as part of ING Labs Singapore, was designed to revolutionise Know Your Customer (KYC) processes within the financial industry. It allows banks to configure their Customer Due Diligence (CDD) requirements through a Digital Policy Manager, streamlining the data collection process. This unique capability aligns seamlessly with Encompass’ mission, enabling banks to convert manual KYC policies into efficient automated processes, thereby providing analysts with invaluable risk insights from customer profiles.

Postma’s extensive experience and innovative approach are set to drive significant advancements in Encompass' CDI offerings, ultimately benefiting the global banking community. Her leadership is poised to bring transformative change to the way banks manage corporate digital identities, ensuring robust and efficient compliance processes.

“I am thrilled to welcome Nynke as our new Head of Business Development, and excited to see her extensive industry background and knowledge bring significant benefits to our customer base. Her passion and vision for Blacksmith KYC led to great success, as she was the driving force behind the growth of a product that brings tangible efficiencies, with the next chapter of that journey only beginning at Encompass.

“We are committed to offering the very best, both in terms of innovation and expertise, as we move forward with our CDI mission, and bringing someone of Nynke’s calibre on board is another milestone that shows there is much to be positive about for the business and our customers in the months and years to come.”

“I am excited and proud to be able to continue the Blacksmith story as part of Encompass. Having witnessed the possibilities of the platform and the value it holds for banks as we brought the product to life, I relish the chance to take it even further as part of the Encompass team, creating a diversified product portfolio and competitive offering tailored to our customers’ needs. At Encompass, we have all the ingredients to create game-changing outcomes with the delivery of CDI.”