Dubai, 9th October 2025 - Eastnets, a global provider of compliance and payment security solutions, today announced, partnership Cedar Rose, a trusted provider of corporate data, credit information, and due diligence services
Through seamless API integration, the partnership will equip Eastnets customers, including banks, fintechs, and PSPs, with the ability to rapidly identify corporate hierarchies, beneficial owners, and related entities, while reducing onboarding friction and compliance rework.
Key benefits include:
- Stronger KYC/KYB: Automated identification of corporate structures and beneficial owners for faster, more accurate onboarding.
- Deeper Due Diligence: Enhanced support for enhanced due diligence (EDD), periodic reviews, and evolving regulatory requirements.
- Regulatory Compliance: Improved adherence to global regulations on capturing and verifying UBO information, while strengthening the detection of suspicious activity.
The new capabilities will be available across Eastnets’ compliance solutions, including:
- SafeWatch KYC: for onboarding, KYB checks, periodic reviews and ongoing monitoring
- SafeWatch AML Offline: for data enrichment, customer risk scoring, investigations and due diligence
Cedar Rose delivers unmatched coverage across the Middle East, Africa, and beyond, providing reliable, regularly updated business intelligence. Its extensive database includes directors and shareholders, UBOs, corporate profiles, organizational structures, and company affiliations, enabling compliance teams to make informed decisions with confidence.
“Financial institutions face increasing pressure to accelerate onboarding while maintaining robust compliance standards,” said Hazem Mulhim, CEO at Eastnets. “Our partnership with Cedar Rose strengthens our ability to deliver trusted, high-quality data, helping our clients reduce risk and remain compliant in even the most challenging regulatory environments.”
Antoun Massaad, CEO of Cedar Rose, added: “We are delighted to join forces with Eastnets. Together, we bring a powerful combination of technology and Cedar Rose’s unrivalled data expertise, trusted globally to power AML, KYC and Due Diligence processes. This partnership empowers banks, fintechs, and advisors to make faster, more confident decisions with the most reliable and comprehensive data at their fingertips.”
This partnership marks a significant milestone in Eastnets’ mission to deliver advanced financial integrity solutions that support secure and seamless global commerce.
About Cedar Rose
With over 25 years of experience and a global database covering 479+ million companies, Cedar Rose is a leading provider of business intelligence, credit risk, and compliance solutions boasting unrivalled expertise in the Middle East and Africa (MEA) region. Our innovative, AI-powered processes and tailored services enable you to make informed decisions, build trust, and foster long-lasting relationships in today's rapidly evolving global business marketplace.