Being able to verify who your customers are is a critical part of the customer risk assessment process. Our KYC solution suite is designed to help you do this efficiently and effectively, while simultaneously defending your business from identity fraud.
Similarly, our credit screening tool aims to ensure your customers have no history of financial mismanagement that may result in financial crime and money laundering being carried out stealthily within your operations.
We know how important both of the above are to a comprehensive and efficient compliance process. That’s why we offer a combined KYC and credit screen solution that will offer you extended compliance.
The functions of our combined KYC and credit screen tool
When you choose our combined KYC and credit screen, you’ll benefit from a cost-effective compliance solution that delivers results to you in just seconds. The tool automates the analysis of:
ID checks
Our tool offers you access to authoritative data sources to verify who your client is. This includes looking at aspects such as UK and global ID validation, client identity and address validation, and bank account validation.
Credit history
This includes things such as CCJs, bankruptcies, IVAs and Scottish equivalents, and details of judgements and registrations e.g., amounts, locations, and dates with confirmation of address.
The benefits of our combined KYC and credit screen tool
Our combined KYC and credit screen compliance solution aims to help you mitigate risk and expedite the customer onboarding process.
By conducting all the crucial identification and credit checks in one place, you will benefit from a comprehensive overview of client suitability, meaning you can make smarter, better informed business decisions.
Upgrade your compliance process with API integration
Our combined KYC and credit screen solution ensures you are adhering to regulatory requirements, managing risk, and streamlining the customer onboarding process.
With the help of our expert consultants, you can seamlessly integrate any of our tools into your existing system to ensure all your compliance checks are in one place.
