REPORT

How to optimize processes, power growth, and improve user experience

Know your customer (more commonly referred to simply as KYC) is a major part of any business’ fight against money laundering and financial crime. Interested to know how to optimize processes, power growth, and improve user experience?

Discover the latest trends and get all the actionable insight you need to fight fraud, stay compliant, grow globally, and build trust with your customers.

Ignoring KYC procedures can result in heavy penalties

Many businesses have traditionally responded to the KYC challenge by expecting their customers to memorize answers to stock security questions.

Businesses are raising the bar

Market-leading IDV solutions powered by sophisticated artificial intelligence can complete this verification process in just six seconds or less.

IDV is a challenge for gaming companies

Gaming companies who must deliver user-friendly customer interactions while also complying with various global KYC regulations.

It’s a delicate balancing act

If the customer onboarding process is too long-winded, admin costs rack up and customers will go elsewhere.

>0 %

verified on the first try

>0

second verification

>0 K+

documents supported

>0

languages & dialects

CCPA/CPRACompliant

WCAGVersion 2.0, Level AA

GDPR EUCompliant

SOC2 - TYPE IICertified

ISO/IEC 27001:2022Certified

UK Cyber Essentials
Certified

ISO/IEC 30107-3Level 1

ISO/IEC 30107-3Level 2

UKDIATFLevel M1A, M1B, L1B