MITIGATE FRAUD AND MONEY LAUNDERING RISKS

Digital onboarding is the first line of defence in protecting your business against unwanted bad actors. A KYC system that is AML compliant makes the difference between success and failure.

Why your business would want to be AML & KYC compliant

As technology gets smarter, so do fraudsters. Every two minutes a person is a victim of identity crime. Fraud can happen anywhere to anyone. Businesses and consumers are the targets of increasingly sophisticated attacks. The digital landscape is under threat by criminals seeking to exploit online channels.

The aim of the existing AML know your customer requirements is to protect businesses, consumers, and create a harmonised, transparent, and regulated environment. Failure to comply can lead to serious consequences including fines, reputation damage, and financial losses.

AML compliant system

Evalid’s KYC solution offers advanced fraud prevention using built-in controls to identify, mitigate, and manage risk such as account takeover and spoofing. Our platform reduces friction, streamlines onboarding, and reduces compliance costs by automating manual checks.

  • Risk categorisation and scoring
  • built-in anti-fraud controls
  • High-risk alerting
  • Multi-factor authentication
  • AML Screening including PEPs and Sanctions checks
  • Custom rule writing and library of rules
  • Real-time identification
  • API to integrate with your in-house systems

Achieve KYC & AML compliance

Evalid’s identity verification protects businesses against financial crimes by using a multi-layered approach to capitalize Know Your Customer and anti-money laundering compliance. A powerful combination of artificial intelligence, machine learning, and compliance rules work together to detect and prevent criminal activity.

Why you should be using our online KYC service

  • Seamless onboarding and compliance checks in one solution
  • Reduce the risk of fraud, money laundering, and cyber-crimes across digital channels
  • Reduce false positives using automated matching
  • Increase straight-through processing by quickly onboarding the good guys
  • Save time and costs by minimising manual checks
  • Maintain effective oversight with an audit trail and our customisable dashboards
  • Reduce the cost of compliance with a transparent pricing model

Get started with an online solution!

Let an expert show you how easy it can be to integrate our online identity verification solution into your processes, whether it be within your app, on your website, or as an addition to an existing system. Request more information and we’ll be in touch shortly!

Request more info
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Sukh Singh

Compliance Director

Contact Info

[email protected]
+356 21669064

Soho (The Strand)
Fawwara Building
Triq L-Imsida, GZR 1401
Gzira, Malta

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