ID VERIFICATION AND AML/KYC COMPLIANCE SOLUTIONS FOR FINANCIAL SERVICES
jenID's unique combination of intuitive ID capturing, data extraction, ID verification and customer identification help financial services firms authenticate their customers IDs while improving remote on-boarding conversion rates.
KEY BENEFITS FOR FINANCIAL SERVICES
- Improves conversion rates when new accounts are opened
- Helps prevent identity fraud
- Ensures AML/KYC compliance for identity verification
- Impresses customers with a positive user experience
IMPROVE CONVERSION RATES WHEN NEW ACCOUNTS ARE OPENED
Financial services firms have a need to improve the on-boarding process by using digital tools. The challenge is to do so while decreasing drop-off rates that could be due to media discontinuity.
- Extract customer data and automatically populate registration forms from any form of ID.
- Automatically populate the appropriate fields in the "Set Up New Account" section of your system, in order to facilitate the customer application process.
- Verify ID's accurately and in real-time, thereby avoiding interruptions in the onboarding process.
SUPPORT TO PREVENT IDENTITY FRAUD
Use our real-time ID verification and face matching solutions to ensure that users are who they say they are.
- Customers only have to do two things: a) use desktop, tablet or smartphone cameras to scan their ID's and b) provide a selfie.
- Genuine-ID verifies the authenticity of the ID based on a multitude of fully automated security checks.
- Our face matching algorithm is astoundingly accurate. It quickly verifies the customer's identity based on the photograph and the ID provided.
ENSURE AML/KYC COMPLIANCE FOR IDENTITY VERIFICATION
Genuine-ID performs reliable document verification and accurate face matching to meet Know Your Customers (KYC) requirements, even on mobile devices.
- It confirms the authenticity of customer IDs
- It accurately compares the customer's documentary identity with the selfie he or she provides through the face matching function (including liveness detection).
- It ensures that the actual customer completes the process in real-time.
IMPRESS YOUR CUSTOMERS WITH A POSITIVE USER EXPERIENCE
Genuine-ID provides a smooth, seamless and real-time verification process, one that avoids interruptions and long waits along the customer journey. This increases conversion rates.
- It helps you digitalize your verification process.
- It provides customers with a positive and unique experience.
- It creates customer confidence in your security standards.