Secure, accurate and seamless KYC verification for remote customer onboarding

Meeting KYC and AML compliance requirements

KYC and AML compliance is a regulatory requirement for a myriad of businesses globally. Failure to comply might entail considerable risks such as costly fines and reputational damage. Knowing your customer gives a full assurance that risks associated with money laundering, fraud and financial crime are eliminated, ensuring compliance with regulations.

Verification of the customer's identity

FacePhi’s secure biometric identity verification removes the need of a customer being present physically, helps to simplify the KYC processes in line with compliance to mitigate fraud and regulatory risks while accelerating conversion through superior customer experience. It can replace cumbersome, inefficient processes with an automated real-time biometric facial recognition to help businesses establish trust with customers reliably and securely.

Benefits