Fintech & Co.
Are you still relying on optical scans of ID documents?
Governments put a biometric chip in ID documents for a reason.
Let your clients scan the RFID chip in their passport or national ID using any NFC enabled smartphone. Welcome to KYC/AML/CFT compliance the way it was meant to be!
Step into the future.
Anyone with a PC, even smartphone and a free available editing software can potentially produce a fake ID document in no-time. Thankfully there are methods and tools for trying to detect such doctoring, but none of them can compare with a real NFC scan of the passport data. These data are securely stored on the RFID chip inside the passport and digitally signed by the ID issuing country authority.
Discover Faked Passports.
Identify customer easily. Don't waste your time with lengthy verification processes.
There is a chip inside an e-passport for a reason. An optical scan is never safe!
All e-passports of all countries are working under global standards.
Wow-effect for customers. Gain new clients with these modern verification tools.
1. MRZ Code Scanning
The Machine Readable Zone (MRZ) will be captured by the smartphone's camera. The MRZ serves as a key allowing our software to read the biometric RFID chip in the next step. Important: On ID cards, the MRZ is found on the reverse side.
2. RFID Chip Reading
The customer reads the biometric RFID chip in the passport or ID card by holding the phone and ID document together. The chip is read in seconds by NFC and the ID data is displayed on the phone screen.
3. Face Recognition
Optional: If you onboard for your Fintech company clients remotely you will likely want the user to be identified with a selfie picture which is compared to the ID photo on the biometric chip using AI. If selfie matches the biometric photo all is good.
4. Manage all Data.
Login into your user panel online and watch all data, screening results etc. Verify a customer if all is matching or simply ask him to continue verifying, by demanding further information. Export data to other platforms or down/upload them to third party applications.
According to our AML / CFT Compliance Program, v.01/2021, Sect. 10, paragraph 4a, 4e, 4f, 5b and also in regards to the international prevention rules to combat Money Laundering and Terrorism Financing we are regretting for not being able to onboard customers / applicants from the following jurisdictions (citizens and/or corporate entities): Moldova, Iran, Iraq, Syria, Libya, Yemen, Afghanistan, Albania, Bangladesh, India, Pakistan, Kosovo, Serbia, Bosnia and Herzegovina, Nauru, Somalia, North Korea, Northern Cyprus, People's Republic of China, Russian Federation, Chechnya, Belarus, Ukraine, Rumania, Venezuela, Cuba, Kosovo, Turkmenistan, Uzbekistan and Territories of Russia occupied in violation of international law (Crimea, Abkhazia, Nagorno-Karabakh, South Ossetia, Donetsk/Luhansk, Transnistria). Requests and Inquiries sent from one of those countries mentioned above will remain unanswered. The same applies to applicants with citizenships of one of those countries above mentioned, even if residing abroad in a not restricted country. Our policies for prohibited access to our services also include worldwide Political Exposed Persons or third parties acting on behalf of them.