Compliance, Know Your Customer 'the next level'
1. The first step in KYC is identification
With your mobile phone or simply from your computer at home, the camera scans your face, and our software accurately reads the required data in less than 5 seconds for comparison in the next step.
2. Document verification
With an accuracy of over 99%, the text is extracted from the ID document, and the photo is compared to the previous step. No human can perform this task more accurately than this system. Now, we are certain that the person is who they claim to be, and we can proceed to the next step.
3. 2 Factor Authentication
To ensure secure future logins, we utilize this system. Logging in without a phone is not possible. A password alone is not secure enough. If you need to upload additional information later because you didn’t have everything on hand, it’s not a problem.
4. Global Address verification
The text extracted from the ID document or any other address document by OCR is compared against a global database and a local national database to verify the address. Additionally, the current location is compared to the location data of the address, resulting in an accuracy rate of over 99%.
5. Enhanced Due Diligence
By implementing customized questionnaires, you provide answers to questions that are relevant to you. Irrelevant questions will not be visible to you in the system. This saves a lot of time and frustration. In this section, you can also upload all relevant documents, either by taking a photo or uploading from a mobile phone or computer. The questions are presented in a logical order and are clearly explained. It’s tailored to your needs, as it should be.
6. AML Prevent money laundering
Our system performs the final mandatory check entirely automatically. It verifies whether your name appears on 1,700 global lists associated with money laundering or terrorism financing. In the vast majority of cases, there is no match. In some instances, there may be a match, which will require further investigation. If you clear this step as well, you are ready for the next stage: the purchase of your real estate.