TrustCloud KYC
Verify your customer data in seconds, anywhere, and mitigate fraud, risk, and financial crime.
Our electronic identity (eID) verification services are designed to verify individuals’ identities on an international level.
Part of the TrustCloud platform. Pilot, our Decision AI, decides in real time how to verify each customer and when to escalate.
TrustCloud KYC helps companies comply with AML and KYC regulations, enhancing client understanding and strategic value.
Supports international electronic identity verification in regulated sectors
Used for identity verification, online fraud prevention, age verification, and sector-specific compliance.
Trusted by major banks, financial firms, insurers, money transfer companies, leasing services, and cryptocurrency exchanges.
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
Integrate easily 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 a client’s identity when making a transaction, opening an account, and periodically over time. In short, it is a corporate practice to curb the onboarding 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 any organisation where customer identity is critical. Failing to follow KYC regulations can result in regulatory risks, such as losing licences and facing substantial fines.
What are the three basic components of a good KYC strategy?
- Customer Identification Program (CIP)
- Customer due diligence
- Ongoing monitoring
