KYC makes use of open banking data to verify identities. Customers’ information can be retrieved easily, allowing you to save time on identity checks.
KYC can be used for reducing fraud by comparing customer-submitted data to validate their identity.
Additional information about customers, such as geolocation, can also be extrapolated from transaction data for more thorough customer identification.
For now, our Transaction Categorisation engine is calibrated for 17 countries: USA, UK, Spain, Sweden, Finland, Denmark, Germany, Czech Republic, Poland, Australia, New Zealand, Estonia, Latvia, Lithuania, Brazil, Indonesia, and India. If the country you need is not listed in our present coverage, please contact our team!Contact Us