Digital KYC Verification

Our digital or automated KYC verification process ensures effective and accurate identity verification of your customers, clients, and entities for secure transaction of your services. Our services enable you to identify your prospects' risk more accurately, prevent fraud, and losses caused by unlawful funds and activities.

We can assist you in acquiring authentic and complete information by checking and rectifying the information which is critical for your business.

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Digital KYC Verification

Our KYC Verification Process

We combine manual and automated techniques for verifying individual’s data. Our process involves collection of customer information from public databases, government records, credit bureaus, and other sources. A bank or financial services institution can efficiently access the customer’s data after it has been analyzed and processed for identification and risk assessment.

Steps in KYC Verification

Step 1

Data Collection

We use automated and manual methods for collecting data to ensure the data is comprehensive for further processing. We collect documents like passports, driving licenses, or national identification cards, proof of address, financial information, and biometric data for identity verification.

Step 2

Data Validation

After collecting individual’s personal information, data validation is carried out using KYC document verification. This involves checking and verifying the accuracy of data to ensure the information provided by the customers is accurate, current, and consistent across various documents.

Step 3

Identity Authentication

This involves collecting customer information like government-issued identification, proof of address, and a set of biometric data of the individual which includes facial recognition and fingerprints. Once the information is collected, it is compared with other databases to confirm their identity.

Step 4

Risk Screening

This involves evaluating the personal, financial, and business information of individuals. As part of KYC, ID verification, analysis of the source of funds, and a background check are all part of this process. Also, the name of the customer is checked against lists of sanctions and politically exposed persons (PEPs).

Step 5

Fraud Detection

We use AI in our KYC process to detect discrepancies in identification documents that indicate fraud. The process identifies and prevents fraudsters from using stolen or fake identification to acquire services and products. An analysis of customer behavior and verification of identity documents such as passports and driving licenses are part of the process.

KYC Verification Services – Use Cases

Businesses can ensure the safety and security of their customers’ data and transactions by leveraging our KYC verification services. Given below are some of the most common use cases for KYC verification.

KYC verification in banking

Banking

KYC verification facilitates regular screening of customer details and detection of unusual or fraudulent transactions and irregular activities.

KYC verification in private companies

Private Companies

Using AI, IT giants and MSMEs ensure that only approved employees, investors, or people are able to enter restricted arenas or have access to confidential documents.

KYC verification in Insurance

Insurance

KYC verification makes it easy to gather information about the customer, audit their credit story, medical history, and proof of address before approving their insurance products.

KYC verification for loan providers

Loan Providers

Using KYC verification, loan providers, banks, or private institutions are able to effectively screen customers, understand their financial history, credit score, loan repayment ability, address, guarantor, etc.

Outsource To Us

We offer competitive pricing for our KYC Verification Services which are well-suited for small and medium-sized businesses (SMEs) who lack the resources for building an internal KYC team.

Quality on a Promise

Quality on a Promise

Our team comprises of experienced professionals who are deeply committed to providing accurate KYC Document and Identity Verification Services.

Uncompromised Data Security

Uncompromised Data Security

Data security and maintaining our client’s confidentiality is our foremost priority. We ensure no data breach occurs anytime while providing KYC Document and Identity Verification Services.

Scalable with Quick Turnaround Time

Scalable with Quick Turnaround Time

We have all the required resources and infrastructure to offer unmatched timely KYC Document and Identity Verification Services.

Flexible Pricing

Flexible Pricing

Our prices can be customized as per the specific services our clients wish to avail. We offer flexible pricing and a pay-as-you-avail pricing model.

Get Us On Board

Let us take the task of providing accurate KYC Documents and Identity Verification services for time management and optimization for business growth.

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