Nynke Postma joins Encompass as Head of Business Development

Encompass Corporation has announced the appointment of Nynke Postma, former CEO and founder of Blacksmith KYC, as its new Head of Business Development for Asia and the Middle East.

Postma, based in Singapore, will work directly under the direction of Steve Hadaway, Chief Revenue Officer, to enhance the value that customers derive from Encompass' Corporate Digital Identity (CDI) products. This strategic move aims to maximise the impact global banks achieve with Encompass' CDI offerings.

Her appointment follows Encompass' acquisition of two key innovations, Blacksmith KYC and CoorpID, earlier this year. These acquisitions are part of the company's strategy to address the critical challenge of identification and verification of corporate and institutional clients via CDI.

Nynke Postma brings more than two decades of experience in the financial services sector. Her career includes senior roles at ING, where she was involved in programme and product management, software delivery, and fraud management. Before establishing Blacksmith KYC in 2017, Postma led a strategic merger of daily banking operations in ING's core markets— the Netherlands and Belgium—potentially impacting 11 million retail customers.

Blacksmith KYC, founded as part of ING Labs Singapore, aimed to improve Know Your Customer (KYC) processes for the financial industry. Its unique capability of allowing banks to configure their Customer Due Diligence (CDD) requirements within a Digital Policy Manager has significantly enhanced the data collection process. This enables banks to convert manual KYC policies into efficient automated processes, providing analysts with valuable risk insights from customer profiles.

Steve Hadaway, Chief Revenue Officer of Encompass Corporation, expressed his enthusiasm about Postma's appointment. "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," he said.

Hadaway also emphasised the company's commitment to offering top-tier innovation and expertise as part of its CDI mission. "We are committed to offering the very best, both in terms of innovation and expertise, as we move forward with our CDI mission. 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 shared her excitement about joining Encompass. "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. We have all the ingredients to create game-changing outcomes with the delivery of CDI," she stated.

Her role is expected to further diversify Encompass' product portfolio and enhance its competitive offerings, tailored to meet the specific needs of its customers.