Financial Services

ID VERIFICATION AND AML/KYC COMPLIANCE SOLUTIONS FOR FINANCIAL SERVICES​

jenID's unique combination of intuitive ID capturing, data extraction, ID verification and customer identification help financial services firms authenticate their customers IDs while improving remote on-boarding conversion rates.​

KEY BENEFITS FOR FINANCIAL SERVICES​

  • Improves conversion rates when new accounts are opened​
  • Helps prevent identity fraud​
  • Ensures AML/KYC compliance for identity verification​
  • Impresses customers with a positive user experience
FINANCIAL SERVICES

IMPROVE CONVERSION RATES WHEN NEW ACCOUNTS ARE OPENED​

CONVERSION RATES

​Financial services firms have a need to improve the on-boarding process by using digital tools. The challenge is to do so while decreasing drop-off rates that could be due to media discontinuity.​

  • Extract customer data and automatically populate registration forms from any form of ID.​
  • Automatically populate the appropriate fields in the "Set Up New Account" section of your system, in order to facilitate the customer application process.​
  • Verify ID's accurately and in real-time, thereby avoiding interruptions in the onboarding process.​

SUPPORT TO PREVENT IDENTITY FRAUD​

Use our real-time ID verification and face matching solutions to ensure that users are who they say they are.​

  • Customers only have to do two things: a) use desktop, tablet or smartphone cameras to scan their ID's and b) provide a selfie.​
  • Genuine-ID verifies the authenticity of the ID based on a multitude of fully automated security checks.​
  • Our face matching algorithm is astoundingly accurate. It quickly verifies the customer's identity based on the photograph and the ID provided.​
JenID Solutions GmbH

ENSURE AML/KYC COMPLIANCE FOR IDENTITY VERIFICATION​

Verifying an ID

Genuine-ID performs reliable document verification and accurate face matching to meet Know Your Customers (KYC) requirements, even on mobile devices.​

  • It confirms the authenticity of customer IDs​
  • It accurately compares the customer's documentary identity with the selfie he or she provides through the face matching function (including liveness detection).​
  • It ensures that the actual customer completes the process in real-time.​

IMPRESS YOUR CUSTOMERS WITH A POSITIVE USER EXPERIENCE​

Genuine-ID provides a smooth, seamless and real-time verification process, one that avoids interruptions and long waits along the customer journey. This increases conversion rates.​

  • It helps you digitalize your verification process.​
  • It provides customers with a positive and unique experience.​
  • It creates customer confidence in your security standards.​
shutterstock.com / Wright Studio

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