The banking industry is a prime target for fraudsters, necessitating advanced security measures. Our multilayered KYC (Know Your Customer), KYB (Know Your Business), and AML (Anti-Money Laundering) solutions are designed to detect and prevent fraud, including synthetic identities and organized crime, ensuring a secure banking environment
90% more conversions
Onboard customers faster.
99.83% fraud detection precision
Spot and thwart fraud with AI.
Compliance with global regulations
AMLD5, FATF, and more.
Our solutions streamline the verification process, reducing operational costs and improving efficiency. Automated document verification and real-time monitoring ensure your bank stays ahead in compliance without compromising on speed or accuracy.
50% Faster
Verification
Process
Speed up customer onboarding and ID verification.
40% Reduction
in Operational
Costs
Lower costs with automated and efficient verification systems.
Real-Time
Monitoring
Continuous surveillance to maintain compliance and security.
Secure end-to-end automation of all KYB and KYC verification with AML screening managed through a central hub for unrivaled crypto identity verification.
Harness the power of advanced technologies like biometrics, AI-driven fraud detection, and machine learning for unparalleled identity verification. Our solutions are designed to adapt and evolve, staying ahead of emerging threats in the banking industry.
Biometric Verification
Enhance security with fingerprint and facial recognition.
AI-Powered Fraud Detection
Use AI to identify and stop fraudulent activities instantly.
Continuous Innovation
Stay ahead of threats with constantly evolving technology.
Speak to our experts to discover how our identity verification solutions can secure your banking operations, ensure compliance, and enhance customer trust.
What is KYC, and why is it important for banks?
KYC (Know Your Customer) is a process used by banks to verify the identity of their clients. It is crucial for preventing fraud, ensuring compliance with regulatory requirements, and maintaining the security of financial transactions. By implementing robust KYC measures, banks can mitigate risks associated with money laundering, terrorist financing, and other illicit activities.
How does your identity verification solution improve fraud detection?
Our identity verification solution utilizes advanced AI and machine learning algorithms to analyze and detect fraudulent activities in real-time. By incorporating biometric verification, automated document verification, and continuous monitoring, we can achieve a fraud detection accuracy of 99.9%. This multi-layered approach ensures that banks can quickly identify and prevent potential fraud.
What are the benefits of using automated document verification for banks?
Automated document verification streamlines the verification process by instantly verifying the authenticity of documents. This reduces the time and resources required for manual checks, speeds up customer onboarding, and enhances overall operational efficiency. Additionally, automated verification minimizes human errors and ensures compliance with global regulations.
What are the benefits of using automated document verification for banks?
Automated document verification streamlines the verification process by instantly verifying the authenticity of documents. This reduces the time and resources required for manual checks, speeds up customer onboarding, and enhances overall operational efficiency. Additionally, automated verification minimizes human errors and ensures compliance with global regulations.
How does your solution ensure compliance with global AML regulations?
Our solution is designed to meet and exceed the requirements of global AML (Anti-Money Laundering) regulations, such as AMLD5 and FATF guidelines. We provide integrated AML screening, real-time monitoring, and customizable workflows that enable banks to maintain compliance effortlessly. Our technology continuously adapts to evolving regulatory standards, ensuring that your institution always remains compliant.
What role does biometric verification play in your identity verification process?
Biometric verification enhances security by using unique biological traits, such as fingerprints and facial recognition, to verify an individual’s identity. This method is difficult to forge and provides a higher accuracy level than traditional verification methods. By incorporating biometric verification, banks can ensure a more secure and reliable verification process, reducing the risk of identity fraud.
Can your solution support document verification for international clients?
Yes, our identity verification solution supports document verification for clients from over 200 countries. This global document support ensures that banks can cater to a diverse customer base and maintain compliance with international standards. Our system is equipped to handle various types of documents and languages, providing a seamless verification experience for international clients.
How does your identity verification solution help reduce operational costs for banks?
Our solution reduces operational costs by automating the verification process, which minimizes the need for manual intervention and reduces the time required for customer onboarding. The efficiency gained from automation, coupled with real-time monitoring and advanced fraud detection, allows banks to allocate resources more effectively and lower overall operational expenses. This leads to significant cost savings and improved operational efficiency.