Know Your Customer (KYC)
Overview
KYC is the set of processes that establish and maintain customer identity, risk profiles, and suitability. At onboarding, institutions collect and verify identity evidence (government ID, biometrics with liveness, authoritative databases), evaluate sanctions/PEP/adverse media, and assign risk ratings that determine limits and monitoring intensity.Ongoing KYC includes periodic refreshes, event-driven updates, and continuous screenings that capture life changes or new risks. A robust KYC programis risk-based: higher-risk customers (e.g., PEPs, complex cross-border activity) receive enhanced due diligence; low-risk customers enjoy streamlined flows. Governance covers policies, training, QA, model management, and auditable decision trails. Done well, KYC reduces fraud and AML exposure while maintaining user experience via orchestration, coached capture, and proportionate controls.
Stay ahead of risk with Signzy
Explore tools that help you onboard, monitor, and verify with confidence
One Touch KYC
Simplify the Know Your Customer (KYC) process with AI and sophisticated fraud detection algorithms to provide a seamless, efficient, and highly secure user verification.
Database Verification
Verify user information instantly by connecting to trusted databases across jurisdictions. Ensure accuracy, compliance, and faster onboarding with real-time data checks.
Biometric Verification
Authenticate users securely using facial, fingerprint, or liveness biometrics powered by AI. Prevent identity spoofing and stay compliant.
