Efficiently Onboard Customers, Reduce Risk & Stay Ahead of Regulations
Know Your Customer (KYC) is integral to fully complying with regulatory requirements and passing audits. But KYC is more than a regulatory requirement, it is a key part of maintaining the integrity of your business, fighting fraud and money laundering. The wrong system can lead to higher fraud rates, fewer good customers or findings during a compliance audit that may result in regulatory action and fines. Acuant Compliance/IdentityMind delivers an industry leading KYC solution that helps you stay compliant and beat fraudsters.
We automate Know Your Customer (KYC) processes, which are often manual and time consuming, to quickly identify good customers versus the bad actors you want to avoid. Our Trusted Identity platform has identity verification capabilities in every country and provides access to global sanctions lists.
Combined with our patented Digital Identity technology eDNA™, we help verify everyone you encounter including foreign nationals, unbanked, under-banked, high-risk individuals such as politically exposed persons (PEPs) and individuals associated with known bad actors. Our platform gives you the ability to create digital identities, build an identity from customer data and verify it against our proprietary Trusted Identity database in real time.
Need to meet compliance needs in a hurry? Acuant®GO KYC allows you to be up and running in a few hours. Deploy a powerful KYC solution with only a few lines of code to meet mandatory regulatory compliance requirements and secure your business. GO KYC is highly customizable to match your process and website. Book time here to learn more.
BENEFITS
Efficient Onboarding
Tailor the onboarding experience for each customer, automatically process trusted users and pass the exceptions to manual review.
Global Verification
Our platform with patented eDNA technology allows you to verify everyone you encounter, all nationalities, 200+ countries and territories.
Risk Reduction
Identify good customers you want to do business with and bad actors you want to avoid with a current view across all business lines.
Proactive Planning
Maintain a proactive compliance program, be ready for auditors and stay prepared for stricter regulatory requirements.
HOW WE DO IT
Identity Verification: verify identity data in real time: name, address, phone & more
Document Verification: upload & authenticate documents in seconds
Rule-Driven Cases: set specific rules or thresholds for triggering alerts & cases
Event Driven Alerts: customize alerts based on any event including user profile changes
Case & Queue Management: prioritize cases & assign to analyst accordingly
Staged KYC: risk-based approach to balance the customer experience with needed due diligence
PEPs & Sanctions Screening: Access global sanctions, PEP status, adverse media & enforcement lists
Real Time Risk Scoring: machine learning & graph intelligence quickly identify risk
Enhanced Due Diligence: extra screening for suspicious identities
Continuous Monitoring: continuously update client data
Why Acuant Compliance
Acuant Compliance/IdentityMind has everything you need to meet regulations, manage fraud and fight financial crime. Our complete KYC solution offers identity verification, risk assessment, enhanced due diligence, rules, case management, continuous monitoring and more. Acuant solutions are offered for every channel and available in an easy to use format.