Know Your Customer (KYC) procedures are essential to any business that wants to accurately assess customer risk. KYC processes ensure that you know the identity of your customers and the risks they could pose to your organization. Veriff’s solutions help businesses meet regulatory requirements and beyond.
KYC regulations are continually changing and adapting. Whereas these rules once only affected financial institutions such as banks, today they are essential for a number of financial and non-financial institutions. The entities regulated by KYC requirements vary from one country to another; particularly as legislation is often implemented at a national level.
Although KYC laws vary around the world, generally speaking businesses must follow the same three stages. They must run a customer identification program and verify the information provided, perform customer due diligence, and monitor their clients on an ongoing basis.
We value your business’ and customer’s security and ease above all else. Our powerful AML Screening provides end-to-end anti-money laundering compliance. It verifies the identity of new customers, screens them against global PEP and sanctions watchlists, and checks for negative news.
Ensure your business knows exactly who your customers are, and keep your platform and users safe.
Get instant verification
Verified on the first try
Confirms that your customers are who they say they are, using real-time capture to confirm identity and liveness.
Biometric Authentication allows businesses to go passwordless, and ensures it's always your approved user interacting with your business.
Make your customer experience seamless for those able to use your products.
Whether it’s multi-accounting, identity theft, synthetic fraud, or even technical fraud.
Stay on the right side of regulators, ensure that only people that meet the age requirements can purchase or use age-restricted products.
Veriff is compliant with CCPA/CPRA, GDPR, SOC2 type II, ISO 27001, and WCAG Accessibility Guidelines.