Know Your Customer (KYC)
From maintaining good Know Your Customer practices and KYC policies to making sure you’ve done your due diligence with every transaction, Enformion can help.
KYC and Customer Due Diligence Solutions
From maintaining good KYC requirements and practices to ensuring you’ve done your due diligence with every transaction, here’s how Enformion’s data and intuitive analysis tools can help you support your company, whether a financial institution, financial service, corporation, or more.
Keep your vendors & customers safe
Create profitability with automated help
Keep yourself out of lawsuits
Effectively reach out to current customers
How Enformion Can Help You Get to Know Your Customer and Perform Due Diligence
Understanding the risk of doing business with an entity or individual and the need to ensure that information on customers is up-to-date and accurate is more crucial than ever.
Accurate insights information enables organizations to make informed judgments about whether or not to provide services to particular customers. Those engaged in risky behavior may be harmful to your organization.
Our data provides both the depth and breadth of information you need to make important decisions regarding your company, customers, and vendors. In addition, all our tools and solutions are fully customizable to fit your specific needs. From batch processing to API integration and much more, Enformion provides the tools your business needs to succeed.
- You may not think about it right now, but if you do run into a security concern, the strong negative reaction from customers and vendors may surprise you.
- Proactively addressing security concerns makes it easier to satisfy your customers.
- By using the tools at Enformion to know your customers better, you can protect your profits, reduce your risk, and strengthen your place in your industry, all at once.
Enformion’s Identity Verification was designed to make it as easy as possible to get fast and accurate data. We offer a variety of scalable data delivery options to enable companies to both request data and have it returned in a way that’s ideal for them and their internal processes. Onboard verified customers and streamline contact enrichment.
Via online search or API, our ID verification service makes it easy to verify the name, date of birth, address, and identification numbers of your customers for compliance and anti-fraud. Be confident in the results with our intuitive scoring system.
- KYC process and KYC compliance
- Anti-Money Laundering AML compliance
- Customer Identification Program CIP requirements
- CCPA compliance
Frequently Asked Questions
What is Know Your Customer?
Know your customer, or KYC, refers to guidelines that require professionals to make an effort to verify the identity and risks involved with maintaining a business relationship with a customer.
How does Enformion help with due diligence efforts?
Our data shows you the whole picture when it comes to a client or vendor, keeping you well informed about their needs as well as protecting yourself from fraud. Enformion’s Identity Verification solution enables you to prevent fraud and our Data Enrichment tool makes sure you always have thorough and up-to-date information on your clients.
What does Enformion’s KYC Software provide?
Enformion’s data provides information to help you keep your vendors and customers safe, reduce risk, enhance Anti-Money Laundering (AML), maintain credibility, and keep yourself out of lawsuits due to fraud or criminal activity.
How can I access Enformion’s due diligence software?
All of our data is available via the Cloud-based Platform, Batch, or API with customizable options from one of our data experts.
Empower your team with flexible solutions
Update large amounts of data quickly and easily with our batch appending option.
Our API solutions allow you to integrate software systems for in-depth searches and display custom results using your own existing applications.