Providing digital services that can be accessed anytime, anywhere had become more and more of an expectation from customers across the globe. Today however, it is has become a necessity.
COVID-19 is forcing Governments to put increasingly strong restrictions on the freedom of people’s movement in a crucial attempt to control and reduce the spread of the virus. Whilst these health and safety procedures are being implemented to safeguard ourselves and those around us it creates significant challenges for businesses and customers everywhere. Customers still need access to crucial financial services and businesses need to try and continue providing these services as much as possible.
Across the financial services industry, the constraints on people’s movement and the encouraged, or in some cases mandated, social distancing will drastically reduce the number of customers visiting business branches in-person. If these businesses don’t have an effective and efficient remote solution in place it will make it difficult, or impossible, to do business with customers.
Whilst businesses must be able to provide their services to customers remotely, they must also ensure that they continue to meet obligatory compliance requirements such as AML.
ID-Pal is working with companies to ensure that they are able to continue providing their services to new and existing customers.
Our ID&V solution can be used entirely remotely. It allows businesses to onboard customers simply and securely, whilst meeting AML/KYC and GDPR compliance requirements.
The ID-Pal identity verification solution:
- Can be set up remotely within minutes
- Is AML/KYC and GDPR compliant
- Allows customers to submit their IDV information remotely, anytime, anywhere.
- Enables businesses to verify customers in seconds from a unique web portal
- Provides industry-leading technical checks that protects businesses from fraud
If your business needs help putting an ID&V solution in place quickly, give us a call on +353 (0)1 556 3225 or reach out through the form below.