The KYC Automation Compliance solution offers banks and other institutions a quick and efficient way to comply with Electronic Know Your Customer government guidelines.

Assisted Customer onboarding & Self check-in covering

  • Data Capture and generation
  • Identity verification extracting the key e-KYC information for authentication against the Election Commission database
  • IDP’s facial recognition and fingerprint matching features provides for the biometric authentication in a multichannel environment
  • Sanction and other screening
  • Account opening
  • Customer profiling
  • Customer risk grading

Standard, Enhanced and Configurable Customer Due Diligence (CDD & EDD) covering

  • UNSHC Sanction, PEP/IP & other Internal/External screenings
  • Audit trail of customer profile
  • Configurable matching parameter rules
  • Security measures

Benefits

  • AMP’s e-KYC solution integrates seamlessly into the CAIROS™ product suite, including the Intelligent Document Processing (IDP) and Loan Origination System (LOS) solutions, providing comprehensive compliance with regulatory requirements.
  • KYC “can save time of onboarding from 4-5 days to 5-6 minutes”, reducing cost of customer onboarding and KYC “by 5-10 times”, and “growth of business … around 25%”