A trusted RegTech solution capable of supporting the explosive growth of Payments industry
The Payments industry has experienced a tremendous growth in the last few years, but this explosive growth along with increasing velocity and the cross-border nature of payments brought along with it the challenges of Financial Crime, Fraud, Terrorist Financing and a declining customer satisfaction due to slower onboarding processes and unnecessary blockage of payments due false positives that result in a negative customer experience. In order to remain compliant while providing a superior customer experience, KYC Hub enables Payment companies modernize their KYC and AML processes, giving them a faster, better, and more cost effective solution, while providing them a competitive advantage through a pleasant customer experience and reduction of false positives.
Why KYC Hub?
Swift and Secure Customer Onboarding
Give your customers a delightful onboarding experience with our state of the art Identity Verification and Global KYC Onboarding solutions. Our solution let individual customers get themselves verified and onboarded in just a few steps anytime anywhere. Our AML solution screens the customers in real time against sanction lists, watch lists, PEPs and Adverse Media.
Risk-Based Classification of Customers
Customer risk is not constant and customers pose different risks at different times. Our AI/ML based Risk Rating Engine takes into account hundreds of attributes, behaviours, relationships, and adverse media intelligence in order to classify customers into distinct risk categories
Reduce False Positives
Our digital platform and data first approach allows us to garner additional insights, metadata, and enriched profiles which drastically reduce the occurrence of false positives. Using complex entity resolution and network analysis, KYC Hub ensures a much better match when alerts are raised
Detect Complex Connections and Hidden Risks
Continuous scanning of watchlists, sanctions, adaptive risk scoring coupled with an advanced adverse news system that allows you to select and follow topics and define complex topic clusters enables compliance officers to asses and respond to ever-changing complex risks of global trade.
Instant Alerts And Real Time Updates
Stay compliant throughout the customer life cycle with KYC Hub's AML Monitoring systems that continuously screens your clients against thousands of watchlists across the globe, calculates customer risk rating in a dynamic adaptive manner, and gives you instantaneous notifications about changes in the risk status of an individual or corporate entity
Ongoing Payment Screening
Stay ahead of financial crime with continuous transaction monitoring against frequently updated sanctions and watchlists. You can zero in on suspicious transactions with our AI pattern recognition technology which can be segmented to different payments and risk scenarios, in order to minimize unnecessary alerts.
Recommended Products and Solutions
Corporate Due Diligence
The Corporate Due Diligence solution entails Know Your Business (KYB), company checks, and extended due diligence on corporates and other legal entities.