Industry-Leading Customer Onboarding Solution | KYC Hub

Arrest Customer Drop-Offs

Cumbersome manual onboarding processes often lead to poor customer experiences during onboarding leading to major drop-offs and thereby effecting top-line performance.

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Industries That Need Compliance
Automation

Banking

Crypto

Lending

Payments

Insurance

Why Companies Need Automated
Customer Onboarding

Evolving regulatory requirements and possible exposure to penalties

Risks arising from improper and cursory identification

Poor customer experience due to onboarding process

Improper data management leading to security risks

Inefficient processes leading to higher operational costs

Challenges with
Customer Onboarding

01

Complying with AML Regulations

Most companies face challenges and fall short of complying with changing AML regulations and guidelines. The problems get magnified when companies manage customers across geographies.

02

Access to Sanctions & Watchlists

Lack of access to watchlists and inefficient processes involved in screening against sanctions exposes companies to regulatory fines and potential bad actors within their systems.

03

High Cost of Manual Onboarding

Doing manual screening and onboarding leads to more resources being deployed in order to be thorough often leading to poor operational efficiencies.

04

Risk from Bad Actors

Inherent business risks and potential frauds arising due to the presence of bad actors and relationships.

05

Customer Experience

Managing expectations of digital native customers and processing onboarding with no friction often proves challenging to companies

Why Companies Rely On KYC Hub For
Customer Onboarding

AML & PEP Screening To Remove Bad Actors

Automated Onboarding Processes Through Video KYC

Superior Document Forensics

Advanced Liveness Checks