Advanced Identification, Identity Fraud Protection, AML, and Anti-Fraud Services

Smooth, fast KYC processes are a must for improved onboarding, customer satisfaction, increased customer retention, and to create a lasting competitive advantage.

CRIF’s digital onboarding & KYC/KYB solution is characterized by:

Advanced analytics and data ecosystem: More than 40 information sources, over 300 real-time checks on individuals and businesses, integration with 100% of AML and fraud prevention information providers, worldwide coverage that is unique in terms of the depth and quality of business, and corporate group information thanks to the Dun & Bradstreet network;
Technology that can be API-integrated and with an environment with disaster recovery and business continuity systems as well as security certifications;
Configurability of controls: To adapt to different organizational models, including complex ones, present in banking groups and resulting from agreements between business partners;
An end-to-end approach that integrates data, an AI-based methodology, advisory service, specialist training/learning hub, advanced technology, know-how and dedicated as-a-service audit teams;
Design created to make the customer journey simple and smooth with timely regulatory adjustments;
Established international experience alongside leading financial players

Covered industries

Banking

Insurance

Telco & Media

Energy & Utilities

Manufacturing

Services

Key benefits

Efficiency

Greater efficiency for the user: a prompt reply for standard and simple KYC, covered by a fully automatic report.

Available complex and cross-countries KYC

Managerial Reports

Providing overview, KPI, measurements and anything necessary to manage and lead KYC process at central and multiple levels.

Optimization and speeding up

Of onboarding and credit processes, reduction of costs and harmonization of the risk profile within banking groups or business partners.

Solution details

Identifying people and companies properly and securely

CRIF relies on an innovative platform, combining different technologies (video identification, document acquisition, and others) and supported by dedicated professionals, to identify both consumers and SMEs in few minutes, enabling fully digital processes in a number of different industries. Identification methods are fully compliant to regional and local regulatory requirements.

Data and AI to boost checks

CRIF is able to perform a number of real-time checks, providing back to the player an instant report (KYC Report) including the full picture of company information, the UBO information and graph, and a full set of AML checks, such as AML Lists match, business and geographical risk checks, reputational and bad press match.

Workflow and dashboards to simplify the job

A top-of-the line workflow environment, created for deepening and investigating checks. This represents the dashboard for the Managed Services. Based on player specific rules, automatic work queues are created. Priorities, working teams, four-eyes and supervisor authorization are automatically managed by the workflow engine.