Identity verification for Financial Services
Balance convenience with security, meet compliance and combat fraud
Financial institutions are making bold changes to adapt to the new generation of banking. Yet upgrading fast enough to meet customers’ demand for instantly-accessible digital services, such as identity verification for financial services, is a challenge. Our all-in-one KYC and AML platform is the faster way to verify customers and activate risk-based fraud mechanisms with zero impact on their experience.
Speed up remote onboarding
Enhance your in-app user journey with instant NFC chip verification for ePassports.
Comply globally
Reach customers across all operating regions, with customisable document verification set according to type and country.
Increase assurance
Fast-track genuine users through an AI-powered process. For extra confidence with those trickier submissions, layer in our verification experts.
Reduce false positives
With automated AML screening, you’ll improve alert quality and monitoring that suits your risk-based approach.
How Yoti can help with Identity Verification for Financial Services
Automated AML screening and ongoing monitoring
We plug into the only global, dynamic AML sanctions and watchlists database. Give your compliance team the tools to reduce false positives and improve alert quality so they can detect changes in risk status more efficiently.
User-friendly interface
We make unifying the customer experience and necessary KYC checks a breeze. With live user feedback, customers can successfully prove their identity on the first go and be verified in minutes.
Versatile verification
We’ve created a suite of services that support your specific requirements – from ID document authentication and anti-impersonation checks to proof of address verification. The entire verification process is yours to tailor.
Take advantage of our hybrid approach of 95% automated checks matched with 250+ expertly trained verification specialists, striking a balance between a smooth user experience and protection against fraud.
Explore the world of digital banking services
Account opening
Give new customers the freedom to register independently, no matter the device, using a simple but secure onboarding process.
Mortgages and lending
Maintain accessible loans for homebuyers, with convenient and hassle-free remote user verification.
Money Transfer and payments
Protect the payment ecosystem with rigorous ID verification and full AML screening without user disruption.
“We’re thrilled to be working with Yoti on identity verification and AML, which has been seamlessly integrated into Further’s onboarding process. To deliver a high quality, premium, trustworthy experience for today’s investors, it was important that we found a tool with a user experience that matched our own and was straightforward to use across devices – and Yoti have delivered on this.”
Patrick McCann
CEO at Further
