Businesses are required to follow the Know Your Customer (KYC) process, which involves confirming the clients' identity. As a result, IDMkyc helps business firms to determine the possible risk involved with working with a certain client.
Customize how you
It is necessary to discover a solution for identity verification if cryptocurrency exchanges and wallets are to enjoy the same confidence level as traditional financial institutions. According to IDMERIT, identity verification combined with compliance results in genuine users and brand trust, which may help cryptocurrency exchanges establish a level of excellence and gain credibility in a cynical society.
One of the best ways to guarantee that this type of tragedy won't befall your consumers and protect them from needless irritation is to include an identification solution in your exchange.
Safeguard your business's reputation
With the help of IDMERIT's identity verification solutions, organisations can easily stay in compliance and reduce risk while complying with regulations requiring identity verification. These solutions will assist companies in maintaining client confidence and safeguarding their operations from fraud. In addition, cryptocurrency exchanges must ensure they adhere to the ever-expanding rules and regulations since failing to do so might result in legal action and hefty fines.
Frictionless Onboarding
Signing up for a service is the first step in the customer onboarding process, which can be time-consuming and tedious. This can increase customer attrition and result in lost sales. IDMkyc and IDMscan offer a step-by-step information collection solution to minimize friction and simplify onboarding to decrease the effort needed to sign up and increase perceived value. To successfully verify their identity, customers only need to provide one or two pieces of PII.
Identity verification solution to retain customers
IDMERIT provides a wide range of global identity verification solutions. You may use these solutions to set up the finest KYC, AML, fraud prevention, and due diligence procedures. You can rapidly authorize buy/sell limits and keep the revenue flowing by properly recognizing real consumers and keeping away fraudsters. Doing this may fulfill legal requirements while giving your clients a seamless user experience.
One Solution Platform for Endless Problems
In order to help banks and other financial institutions adhere to compliance rules, IDMERIT offers a wide range of identity verification solutions for banking and finance. Identity verification, Know Your Customer, fraud analytics, credit risk analysis, and due diligence are all provided by IDMERIT solutions.
Ready to get started?
Feel free to talk to our identity experts about your requirements or schedule a demo with them.
Book a DemoCertificate
We ensure top-notch privacy and compliance standards for your business, so that you can focus on what matters most.
Solutions
Industries
Phone
Sales/Other requests
Address
786 North Circular road, Brent, United Kingdom - nw2 7td
Copyright © 2024 IDMERIT. All Rights Reserved.
