Know your customer

In recent years, financial institutions have had to comply with strict Know Your Customer (KYC) and anti-money laundering regulations to limit fraudulent activity. Failing to comply with these regulations can be financially damaging, with billions of dollars in fines enforced each year.

Frequently at the top spot in the NIST FRVT* benchmark for accuracy, both one-to-one (1:1) and one-to-many (1:N) , our facial recognition solutions support banks and financial bodies in the KYC process, enabling total adherence to regulations and quick and confident customer verification. Our products integrate with all KYC solutions, independent of vendor or platform, to deliver offline (on-device) functionality and online database search capabilities. As well as providing the fastest and most accurate solution in the world*, we further support the KYC process by offering consultative services to both partners and end-users. Our front-end KYC module, powered by a global technology leader in document recognition, can easily fit into any mobile banking application.