By: 21 May 2024

The former chief executive officer of Blacksmith KYC join the mission to transform Know Your Customer with Corporate Digital Identity

Nynke Postma joins Encompass Corporation

Encompass Corporation, the leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and ex-chief executive officer of Blacksmith KYC, to its leadership team to supercharge the impact global banks find with CDI.  

As head of business development for Asia and the Middle East, based out of Singapore, Postma will work under the direction of chief revenue officer (CRO) Steve Hadaway to maximise the potential and value customers experience through Encompass’ CDI product propositions.

Her appointment follows Encompass’ acquisitions of ING led innovations Blacksmith KYC and CoorpID earlier in the year, which bolstered its efforts to solve the critical challenge of identification and verification of corporate and institutional clients with CDI.

With more than 20 years of experience in financial services, Postma’s career to date has seen her hold a number of senior roles at ING, crossing areas including programme and product management, software delivery, and fraud management.

Before founding Blacksmith KYC in 2017, a move that saw her relocate to Singapore to build and lead the business’ team, Postma led a strategic merger of daily banking operations in ING’s core markets – the Netherlands and Belgium – impacting 11 million retail customers.

Established as part of ING Labs Singapore, Blacksmith KYC was founded with the aim of enhancing Know Your Customer (KYC) processes for the financial industry and allowing banks to configure their Customer Due Diligence (CDD) requirements within a Digital Policy Manager.

Streamlining the data collection process, this unique capability enhances the potential benefits for Encompass’ customers, making it easier for banks to turn their manual KYC policies into efficient automated processes to provide analysts with valuable risk insights from customer profiles.

Steve Hadaway, chief revenue officer of Encompass Corporation, said: “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.”

Nynke Postma, head of business development, Encompass Corporation, added: “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.”

The moves comes just a few weeks after Encompass appointed Stuart Barnard as their new chief financial officer.

Images: Encompass Corporation

Robert Welbourn
Robert Welbourn is an experienced financial writer. He has worked for a number of high street banks and trading platforms. He's also a published author and freelance writer and editor.