TrustCloud KYC
Verify your customer data in seconds, anywhere, and mitigate fraud, risk, and financial crime.
TrustCloud KYC helps companies comply with AML and KYC regulations, enhancing client understanding and strategic value.
Trusted by major banks, financial firms, insurers, money transfer companies, leasing services, and cryptocurrency exchanges.
TrustCloud KYC helps companies comply with AML and KYC regulations, enhancing client understanding and strategic value.
Used for identity verificatio, online fraud prevention, age verification, and sector-specific compliance.
Benefits
Enable immediate customer acquisition worldwide
Mitigate the risk of online fraud
Comply with regional and international anti-money laundering (AML) regulations
Enhance your fraud detection capabilities with access to data from dozens of Mobile Network Operators (MNOs) worldwide
Easy integration into web applications
FAQS
What exactly does KYC mean?
The KYC (Know your Customer) check is the mandatory process of identifying, verifying and analysing the risk of the client’s identity when making a transaction, opening an account and periodically over time for security matters. In short, it is a corporate practice to curb the incorporation of clients who may commit crimes through the company or who may become insolvent. It is, therefore closely related to sectors such as banking and insurance.
How safe is KYC?
KYC is a necessary process for banks, financial institutions and money transfer companies of all sizes, as well as for insurance companies and all those where customer identity is critical. A company failing to follow the KYC regulations can result in regulatory risks, such as losing licenses and potential substantial fines.
What are the three basic components of a good KYC strategy?
- Customer Identification Program (CIP)
- Customer due diligence
- Ongoing monitoring
