Identity verification AutoKYC

AutoKYC is a real-time ID verification and remote customer identification tool

The AutoKYC identity verification app is used as part of the customer identification process. To use it:

• Get the app

• Scan the QR code or enter the 8-digit PIN provided by the financial institution

• Take a photo of your ID

• Take a selfie of yourself holding the document

• Complete the verification process

AutoKYC is an EU-compliant real-time remote identity verification and risk assessment tool.

Increase your customer onboarding success rate with integrated machine learning (ML) and artificial intelligence (AI) tools:

• Smudge and darkness detection to suggest customers resume their photos, avoiding low-quality images

• Facial recognition to compare the customer's facial biometrics with the photo on the identification document

• Liveness detection to prevent spoofing during the KYC process.

• Optical character recognition (OCR) to read information presented in a document, including the machine readable zone (MRZ), to reduce manual entry and validate the document.

Customers can continue their verification session on a different device to utilize better camera quality and/or more comfortable input. For example, your customer can start the verification procedure by filling out the questionnaire on their computer and complete it on their cell phone by taking a photo of their document and a selfie.

Multilingual support for customer onboarding in your preferred language.

Reduce fraud rates by taking live videos instead of standalone photos and automatically check for animation.

Liveness detection also ensures compatibility with EU directives regarding KYC processes.

Because knowing your customer and being in compliance is not limited to identifying customers by checking their documents and comparing the photos on the documents to their faces, we offer a full-scope solution for your compliance needs.

Manage your AML risk in one platform using existing integrations for sanctions, politically exposed persons (PEPs), and negative information screening solutions.

Customize the questionnaire to reflect your business needs. Edit questions, attachment fields, have conditional questions based on the customer's risk level and/or previous responses to get the most information at once.

Automatic risk scoring to assess your client's AML risk level and identify clients for enhanced due diligence (EDD).

Adjustable risk scoring factors to better implement a risk-based KYC approach.

Ask additional questions or request additional documents during the EDD process using the same questionnaire.

AutoKYC is also capable of streamlining the business onboarding process. Use pre-made, customizable know-your-business KYB questionnaires and our remote identification tool to identify the ultimate beneficial owners (UBOs) of corporate clients.

At a later stage, you can use the AutoKYC re-verification solution, so that your customers can update their questionnaires when their details change or when their information expires.

A flexible KYC solution means you can use it as a "solution as a service" (SaaS) and fully outsource your KYC processes, or as a platform to keep everything under control for your in-house team.

Verify your customers by simply providing them with a link to the verification website, or integrate it into your web app with a RESTful API, or even your mobile app via SDK for iOS and Android. Use AutoKYC identity verification web and mobile apps as alternative solutions for a better customer experience.