Efficiently onboard customers, reduce risk and stay ahead of regulations
KYC is a compliance requirement for businesses in regulated industries, but truly knowing your customer and measuring the risk they pose is a best practice for any business in any industry.
IDology provides a solution set for KYC that can verify identities in real-time using data, document and biometric authentication to truly verify if the person that’s transacting is who they say they are. By applying a risk-based approach favored by regulators, we help you onboard customers applying friction only as needed.
High-risk customers are screened against global sanctions lists and, if necessary, are subject to other due diligence checks. IDology also offers continuous monitoring that validates and assesses the risk of identities over time, a key but often neglected part of KYC.
Whether you are addressing your Customer Identification Program (CIP Customer Due Diligence (CDD) CIP or Enhanced Due Diligence (EDD)– or if you just want to transact with more confidence, we have your solution.
Why choose IDology
Meet your level of KYC
Choose the KYC solution that’s right for you, whether it’s a comprehensive KYC risk management solution with advanced analytics and case management, age verification or an automated identity check.
Improve accuracy and efficiency
Data orchestration and predictive analytics supplement your own data with additional intelligence and insight to increase the accuracy of the KYC risk assessment. Predictive analytics also add operational accuracy and speed.
Gain maximum flexibility
Our KYC solutions can be flexibly configured to your business needs and industry requirements, supporting extensive risk profiles, which can be built to automatically accept, decline, and refer decisions, wherever your customer is located.
Rapidly adapt to changing regulations
Adapt to changing standards and compliance needs in the markets you service without having to constantly re-engineer your processes, and easily meet industry regulations when entering new markets globally.
Report: Buyer's Guide to Know Your Customer
Building a business can be challenging in today’s digital world where fraud seems to come from every direction. Establishing trust goes both ways—customers want safe transactions and companies want to make sure they are transacting with good customers. It is important to verify that your customer is who they say they are and that you can trust them. Equally, you want them to trust your business.
For regulated businesses, this is a requirement called Know Your Customer (KYC) and it is a subset of Anti-Money Laundering (AML). Read the guide to learn how IDology has developed a trust framework that answers the four most important questions to establish a trusted relationship with your customers.
Other Compliance solutions
Improve Customer Onboarding with Automated KYC
In our eBook, learn why leveraging automated Know Your Customer (KYC) helps to effectively verify digital identities and prevent financial crime, without compromising on customer experience or security.