IDENTITY VERIFICATION

Anti Money Laundering and Counter Terrorism Financing Compliance

What is IDV?

IDV is a service used to check that the customers you are doing business with are providing you with genuine documents to verify their identity. Using an IDV service helps you to meet Know Your Customer (KYC) and AML/CTF obligations. KYC is an important process for businesses and agencies to protect themselves from corruption and fraud.

Why do you need IDV?

1.

FRAUD PREVENTION

IDV is an important component of KYC to ensure you know who you are dealing with and to avoid potential financial and reputational risk to your business.

2.

COMPLIANCE

Comply with AML/CTF regulations by verifying the identity of your new and existing customers whilst avoiding the consequences of non-compliance.

3.

STREAMLINE ONBOARDING

Streamline your onboarding process with identity verification in real time with instant results.

MemberCheck ID Verification

Features

Offline reports

Offline reports

Download client IDV reports for your records.

Pass/Fail Result

Pass/Fail Result

Identity of clients is verified with Pass or Fail results.

Multiple Country coverage

Multiple Country coverage

Identity Verification available for citizens in Australia, New Zealand and China.

Automate Manual Processes

Automate Manual Processes

Integrate with our API for fast online verification.

All in one solution

All in one solution

Combine IDV and AML screening to get a complete picture of your customer.

Up-to-date information

Up-to-date information

Each data source is updated daily to continuously provide accurate information.

Call us: +612 9453 5466 or email: sales@menullmbercheck.com

Let us help you meet your Anti Money Laundering and Counter Terrorism Financing compliance obligations.

Industries

Money transfers

Money transfers

IDV is an important aspect in the transferring and drawing of funds between parties to ensure that money is not sent to those involved in money laundering and terrorism financing.

Banks

Banks

Opening a bank account requires the identity of the individual to be established using IDV to prevent those involved in financial crime and other criminal activities from being able to use bank accounts for depositing illicit funds.

Casinos

Casinos

Casinos must perform identity checks for cash payouts over a specified amount to ensure they are not funding criminal activities or covering illicit money trails.

Want to learn more?   Contact Us