Modernizing KYC: exploring the key challenges of ownership, data, and technology
Delve into the complexities of modern KYC practices and how to adapt your KYC strategies in response to increasingly sophisticated threats.
top of page
Customer Due Diligence:
Onboard with Simplicity and Confidence
Manual processes and unreliable data can hamper your ability to balance compliance and customer experiences and onboard confidently. FinScan integrates hundreds of data sources globally into a unified workflow to enable precise, automated customer due diligence by verifying their most recent address, phone number, ID documents, and close associates.
Fact
FinScan was named a Solution Leader in Quadrant Knowledge Solutions’ SPARK Matrix™ Know Your Customer (KYC) Solutions 2024 report.
Reduce Customer Risk While Strengthening Due Diligence
FinScan helps organizations validate individual and entity customer identities, improve data quality, screen names against PEP and adverse media databases, and identify UBOs, enabling them to adopt a risk-based approach to due diligence while meeting KYC and AML obligations. With FinScan’s advanced screening technology, organizations can confidently and easily screen their merchants, vendors, suppliers, customers and the beneficial owners against sanctions lists.
Identify Beneficiaries & Accelerate Onboarding
Navigate through the complexity of multi-layer ownership structures with ease. Uncover hidden risks with automated global ownership checks that demystify intricate ownership structures, helping your team identify, verify, and monitor UBOs quickly and accurately.
Identity Validation
Take advantage of the world’s most advanced, automated, and anonymous forensic document screening technology to help your team accurately and efficiently flag and exclude fraudulent and altered identification documents (IDs) – while maintaining a reliable, accurate pool of customer data.
Featured Insights
bottom of page