ComplyCube

Our company delivers trading algorithms for forex, stocks, and crypto through a user-friendly app. The main challenge we encountered was onboarding traders efficiently while complying with strict regulatory standards. Achieving a balance between a user-friendly interface and adherence to compliance regulations was pivotal in staying competitive. Implementing ComplyCube's IDV and AML solutions marked a turning point in enhancing our onboarding process. These solutions introduced continuous monitoring and biometric verification, greatly improving security and fostering trust among our users. Additionally, the insights and strategies provided by ComplyCube have been pivotal in our business expansion, effectively streamlining operations to seamlessly blend user experience with rigorous compliance obligations.

• Swift and frictionless customer onboarding
• Enabled global growth and compliance
• Reduced fraud with rigorous AML monitoring
• Stellar customer support

We provides assistance to businesses operating within regulated environments, such as financial services and insurance, to ensure adherence to relevant regulations. Our platform conducts all necessary checks on end-customers to support compliance. In light of this, we established a partnership with ComplyCube to power a number of our services. Having searched extensively for a suitable partner, I can confidently attest to the fact that the ComplyCube team demonstrated a greater degree of compliance awareness than their peers. We were impressed by their extensive cross-industry knowledge and the flexibility of their solution. ComplyCube provided us with the essential building blocks to create a customized solution, enabling us to shape our product to our precise requirements.

• PEP screening
• Sanctions, watchlist and negative media search
• Biometric verification
• Electronic identity verification
• Continuous monitoring

• It had cut our KYC-related operational costs by a chunky margin
• The continuous monitoring feature saved us several man-weeks worth of work, per year, with its real-time nature and automation rules.
• Their API and webhooks made it so that our internal systems are always in sync with ComplyCube, which reduces the burden on our data reconciliation team.

Veriff, Sumsub, Onfido, Yoti Identity Verification, NorthRow and Mati

DocuSign, SAP HANA Cloud, Pega Platform

We use ComplyCube as our primary identity verification and KYC platform to comply with regulatory requirements, streamline customer onboarding, and manage all of our verification needs in one place. It helps us reduce AML/CTF risk, improve efficiency, and deliver value to our customers across the banking sector. ComplyCube's platform provides us with comprehensive geographic coverage, enabling us to comply with a wide range of local and global regulations.

• Large-scale customer onboarding
• Compliance with local and global regulations
• All-in-one identity verification solution
• Highly customized verification workflows

• Improved customer onboarding speed by 65% compared to our previous vendor
• Higher successful verification rates reduced operational load on our support staff
• Flexible tiered pricing reduced our committed expenditure

Sumsub, iDenfy, Yoti Identity Verification, Berbix, ID.me, Ondato and Jumio

HubSpot CRM

To expand our operations across Europe and APAC, we needed to ensure compliance with regulations through the use of eKYC controls. Our eKYC needs to verify the identities of bank account holders, corporate clients, and shareholders by conducting checks against sanctions, PEP, and negative media databases and performing remote identity verification. We can confirm that the product meets these requirements.

• AML screening
• Biometric verification
• Continuous monitoring
• Investigation portal
• API

• Eliminated the need for several manual day-to-day tasks
• Increased customer satisfaction and onboarding rates
• Reduced operational risk and errors by a substantial margin

Refinitiv World-Check Risk Intelligence, Dow Jones Risk & Compliance, Onfido, Trulioo and Veriff

GBG Identity Data Verification

We use ComplyCube to make sure we're complying with the rules and regulations in the financial services industry. It helps us detect fraud, prevent terrorist financing, and ensure AML compliance. ComplyCube has simplified things for us by reducing the number of vendors we need to use, which has saved us time and money. Plus, it makes things easier for our customers too! We use ComplyCube for various checks like sanctions and PEP screening and document verification. In short, it helped us meet our compliance obligations while improving our operational efficiency.

• Robust AML compliance
• Resilient and reliable solution
• Fast AML and KYC checks
• Anti-spoofing technology

• Reduction of our AML cost by a significant margin
• Faster onboarding
• Happier customers and customer onboarding team

Shufti Pro, Onfido, Veriff, iDenfy, Ondato, Passbase, Jumio, Trulioo and ID.me

HubSpot CRM