Provide your customers a better onboarding experience. Meet the demanding KYC and AML requirements. Simple as that.
As the crypto industry grows, evolves and matures, regulators around the world are tightening requirements. However, as each regulator sets different requirements, expanding to new markets can be a difficult maze to navigate.
The European Union’s Fifth Anti-Money Laundering Directive (AMLD5), recognized crypto custody as a financial service. Like traditional financial services, crypto service providers are now required to comply with enhanced Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. The specific solution requirements on a national level are defined by the individual national authorities like BaFin, FCA, Finma and many more.
Both IDnow VideoIdent, our agent-assisted, AML-compliant video identification solution, and IDnow AutoIdent, our automated AI-powered identity verification solution, enable a seamless customer experience, while allowing you to improve conversion rates in the process.
Integrating the IDnow platform is as easy and fast as it is to use, and it provides future-proof, scalable solutions to match any organization size – from small and medium-sized businesses to multinational enterprises.