APLYiD

APLYiD

APLYiD is a comprehensive AML and KYC compliance platform that streamlines customer onboarding with biometric ID verification and swift data checks.

Location: New Zealand
Software Type: Web App
Categories:

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Description

APLYiD is a cutting-edge platform designed to enhance the customer onboarding process through its advanced AML (Anti-Money Laundering) and KYC (Know Your Customer) solutions. Utilizing biometric ID verification, APLYiD can automate the customer verification process in under 90 seconds. This innovative platform uses OCR (Optical Character Recognition) to scan over 16,000 types of ID and employs a selfie recognition system that analyzes more than 30,000 facial vectors, ensuring a high degree of accuracy and security. APLYiD serves a diverse range of industries including accountancy, financial services, legal services, estate agents, and vehicle finance. The platform's capabilities lead to a reported 406% increase in the number of accounts onboarded and a remarkable 99.9% reduction in fraud instances. APLYiD not only complies with the latest regulatory standards but also provides a seamless user experience without the complexity of extensive IT setups. With flexible pricing and options for a free trial, businesses of all sizes can benefit from APLYiD's exceptional services. By reducing administrative burdens and enhancing operational efficiency, APLYiD positions itself as a vital tool in the fight against identity fraud and digital crime. Unlike traditional verification methods, APLYiD's technology allows for a swift, efficient, and secure onboarding experience that meets the needs of modern businesses.

Features

Biometric ID Verification

Utilizes advanced biometric technology for real-time identity verification, ensuring compliance and security.

AML and KYC Compliance

Offers comprehensive solutions for Anti-Money Laundering and Know Your Customer processes to mitigate risks.

OCR Technology

Scans and verifies over 16,000 ID types quickly and accurately using Optical Character Recognition.

Selfie Recognition

Analyzes facial features with over 30,000 vectors to confirm identity against provided documents.

Flexible Pricing Plans

Provides various pricing packages tailored to different business needs, including pay-per-check options.

Free Trials and Demos

Allows potential users to experience the platform through free trials and personalized demos.

Dedicated Customer Support

Offers unlimited training and proactive support to ensure optimal use of the platform.

API Integration

Seamlessly integrates with existing systems for streamlined operations and enhanced functionality.

Tags

identity verificationAMLKYCbiometric technologyfraud preventiondigital onboardingcompliance solutions

Documentation & Support

  • Documentation
  • Support
  • Updates
  • Customizable