Any online money transfer system must comply with robust KYC procedures to ensure alignment with country specific KYC standards. 

Business Problem

Project requirement was to handle high customer onboarding volumes and give hassle-free KYC process via online and branch to its customers.   

Solution 

Online access for customers to ‘Do Your KYC Yourself’ via third party partner in real time or by uploading KYC documents. End to end integration with KYC partner API. Real time KYC processing, back office KYC monitoring and management module. option to check against treasury lists.

Result

Faster KYC process and customer onboarding, Reduced risk, Transparent profiles and KYC details. Cost reduction and better brand presence. Increased customer base.