Identity verification AutoKYC vs Finductive

The AutoKYC identity verification app is used as a part of the customer identification process. To use it: • Download the app • Scan the QR code or enter the 8-digit PIN provided by the financial institution • Take a photo of your identification document • Take a selfie of yourself holding the document • Complete the verification process AutoKYC is an EU-compliant remote real-time know-your-client identity verification and risk-assessment tool. Increase your customer onboarding success rate by relying on integrated machine-learning (ML) and artificial intelligence (AI) tools: • Blurriness and darkness detection to suggest that clients retake their photos, avoiding lousy quality images • Facial recognition to compare the customer’s facial biometrics to the photo on the identification document • Liveliness detection to to prevent spoofing during the KYC process. • Optical character recognition (OCR) to read the information presented in a document, including the machine-readable zone (MRZ), to reduce manual input and validate the document. Customers can continue their verification session on a different device to utilize better camera quality and/or more comfortable input. For example, your client can start the verification procedure by filling the questionnaire on their computer and finish it on their mobile phone, taking a photo of their document and a selfie. Multilingual support for client onboarding in their preferred language. Reduce fraud rates by taking live videos instead of stand-alone photos and automatically check for liveliness. Liveliness detection also ensures compatibility with EU directives regarding KYC processes. Because knowing your client and being compliant is not limited to identifying clients by checking their documents and matching the photos in the their documents to their faces, we offer a full-scope solution to your compliance needs. Manage your AML risk in one platform by using existing integrations to sanctions, politically exposed persons (PEPs) and negative information screening solutions. Customize the questionnaire to reflect your business needs. Edit questions, attachment fields, have conditional questions based on the client’s risk-level and/or previous answers to obtain most of the information in one go. Automatic risk-scoring to assess your customer’s AML risk level and identify clients for enhanced due diligence (EDD). Adjustable risk-score factors for better implementation of a risk-based KYC approach. Ask additional questions or request additional documents during the EDD process using the same questionnaire. AutoKYC is also able to streamline the business onboarding process. Use pre-made and customizable know-your-business KYB questionnaires, and our remote identification tool to identify ultimate beneficial owners (UBOs) of corporate clients. At a later stage, you can use the AutoKYC re-verification solution, so your clients can update their questionnaires when their details change or when their information expire. A flexible KYC solution means that you can use it as a ‘solution as a service’ (SaaS) and fully outsource your KYC processes, or as a platform to keep everything in control of your in-house team. Verify your customers by simply providing them a link to the verification site, or integrate it to your web app with a RESTful API, or even to your mobile app via SDK for iOS. Use the AutoKYC identity verification web and mobile app as fallback solutions for a better customer experience.

Designed with you in mind, our new app enables you to access your accounts securely and conveniently. Key features: * Global Payments at your Fingertips * Send and Manage Local and International Transfers. * Multi-Currency Payments with Real-time Exchange Rates * Dedicated Support Messaging * Track Balances in Real-Time * One Dashboard for All Your Accounts * Advanced Security – Multi-factor Authentication and Encryption Why use the Finductive app? We understand the need to fast and secure payments when it comes to business. Whether you’re travelling or working remotely, you need tools to manage your business finances on the go. The Finductive app is built to deliver the same trusted service you know in the palm of your hand, giving you the flexibility to manage your finances from anywhere. Security you can rely on: Your safety is our priority. Our app uses the latest security measures to protect your information and transactions, giving you peace of mind with every login. Client Security is key Finductive Ltd has completed and implemented the ISO27001:2022, ISO27017:2015 and ISO27018:2019 certifications. Who can use the app? The Finductive app is available to existing Finductive clients. If you are not yet a client, please visit our website to learn more about our services and how to apply for a corporate payment account. About Finductive: Finductive is the payment partner you need for corporate payment accounts. Finductive is moving away from the restraints of traditional banking systems, enabling clients to be in control of their money with the click of a button. Our mission is to provide innovative and user-friendly financial products and services that simplify complex processes and empower clients to make better decisions about their finances. Our online payment platform gives clients the freedom and flexibility to make payments when they need. This modern approach to payments is valued by clients and is why Finductive has become an award-winning payment provider in such a short time. Our online payment platform provides various solutions, such as dedicated Maltese IBANs and the ability to send and receive payments via SWIFT and SEPA. The Finductive payment account has advanced multi-currency functionality empowering you to send and receive funds in various currencies. Why chose Finductive as your Payments Partner? As a financial services company, we offer a comprehensive payment platform designed to cater to all your payment needs in one convenient location. We aim to make payments easier and as cost-efficient for clients as possible. With accessibility to the payment platform 24/7 and the ability to view and download transaction reports immediately, clients have full control over their operations. Finductive Ltd (C 89272) is a limited liability company incorporated in Malta, regulated by the Malta Financial Services Authority of Triq l-Imdina, Zone 1, Central Business District, Birkirkara, CBD 1010, Malta, and licensed to operate as a financial institution carrying out the activities of payment services in accordance with the Second Schedule of the Financial Institutions Act (Ch. 376 of the Laws of Malta). Finductive Ltd is not a credit institution and the Depositor Compensation Scheme is not applicable.