Know Your Customer (KYC) solutions can help you better serve your customers and offer a critical layer of protection for AML compliance, identity fraud, and reputational risk.
Whether it’s a new customer opening an account or an existing customer conducting transactions, organisations need deeper customer insight to better understand hidden risks and non-obvious relationships. Know Your Customer (KYC) solutions can help you better serve your customers and offer a critical layer of protection for AML compliance, identity fraud, and reputational risk.
Having strong controls in place need not be a trade-off - robust Know Your Customer processes can still support a frictionless customer experience whilst mitigating risk. LexisNexis® technology, data and analytics capabilities can help you to know your customer by confirming identity, flagging politically exposed persons (PEPs) and sanctions screening, without impeding the customer journey.
Quickly confirm the identity of a potential client and confirm the identity of an existing one.
Identify politically exposed persons and assess the associated risk to better manage relationships.
“We can see an individual’s whole history very quickly. This is a game-changer for us in terms of best practice screening and compliance”
“We are doing more than we were doing previously, with fewer people.”
