Combat financial crime
Minimise risk, reduce fraud and avoid compliance breaches.
Leverage our expertise
Work with industry experts to comply with AML, KYC/KYB.
Access vast collection of identity and risk data sources through single API.
How to reduce the risk of fraud and prevent money laundering?
As markets continue to digitise, new business challenges arise:
- Consumers want convenient, fast, and secure “on-demand services”.
- Increasing need for remote identification to scale your business.
- Deal with tougher 6AMLD, GDPR, and PSD2 requirements.
- Cope with more systematic fraud and financial crime.
Kick out bad actors early in the process
But how to kick out bad actors early in the customer onboarding flow without affecting user experience? And once you’ve onboarded a new customer, how do you monitor suspicious activity? Many companies struggle with these tasks for several reasons:
How to start building a fraud detection process and what data source providers do I need?
How to ensure clients still have frictionless experience and drive revenue?
How to keep up with the evolving regulatory landscape?
Regulatory compliance cannot be an afterthought!
AML, PSD2, SCA, ISO27001, SOC2, GDPR, and the list goes on. Understanding the details of all these standards, directives, and regulations is enough to keep you awake at night.
What if you could manage the cost of compliance with technology from industry experts to keep up with the evolving regulatory landscape?
Our experts are pioneers in data orchestration for digital identity, onboarding, and fraud management with decades of combined experience and will help you with just that.
Play the right note at the right time, every time: RiskFlow Orchestration!
All your RegTech in one place!
The core product, RiskFlow Orchestration, features two additional products:
See RiskFlow Orchestration in action
Get a brief introduction from our expert Andy Lee:
Let the right ones in, a no-brainer
First and foremost, accept the genuine customers and clear away the rest. Leverage unique digital risk and data insights when welcoming the good guys and kick out fraudsters immediately.
Retrieve digital customer insights to determine AML risk and filter out bad actors as early as possible through waterfalling principles. With our advanced RegTech solution, you only pay for identity and risk data when needed!
Implement advanced waterfalling techniques: spot abnormal and dishonest behaviour as early as possible and only pay for more comprehensive data when needed.
Design, optimise and automate your risk workflows tailored to your specific needs and use cases.
Truly get to know your customers at an early stage using an abundance of risk and anti-fraud data sources.
RiskFlow Orchestration across industries
Keeping up with evolving regulatory landscape is a necessity for companies in regulated industries. Check out how the following industries saved time and money by handling AML, KYC/KYB in an orderly fashion:
Scenario: An international card company needs to automate KYB/AML and security checks on new card issuers in Europe.
Solution: Signicat's solution orchestrates access to 5 fraud tools, 3 KYB services and 5 ID proofing methods.
Result: KYB onboarding in 20 seconds instead of days.
Scenario: An international online casino company need to automate online player onboarding to facilitate market expansion.
Solution: Signicat’s solution orchestrates KYC player onboarding and authentication flows and makes sure name, age, proof of address and affordability are checked.
Result: Players are onboarded in a swift and user-friendly way and the company can expand into new regulated markets within 2-3 weeks.
Scenario: An international online betting company casino company need optimised onboarding process to detect fraud and minimise costs.
Solution: Signicat’s solution automates player onboarding across a number of global markets and identifies fraud and bonus abusers at an early stage.
Result: Identified 20% of applicants as potential bonus abusers. Identified 12% of applicants as existing customers who do not require KYC checks, reducing the overall onboarding costs.
Scenario: An international payment wallet company needs to automate KYC checks to optimise onboarding.
Solution: Signicat's orchestration solution helped build multi-territory workflows to support clients across a number of markets and deploy data source capabilities for process improvement.
Result: Average KYC approval rate improved from 27% to 56% within a month.
An abundance of data sources
Connecting to the RiskFlow Orchestration API through one single integration point will give you access to an abundance of data sources. We’ll guide you through the various sources and help you pick what you need for optimal integration:
- Access to over 100 data sources globally.
- Connect through one single API.
- Easily integrate existing or new data sources into your workflow.
- Continuously updated with new data sources.
- Receive normalised data as output.
Digital risk and data insights – on offer
- Device profiling and recognition
- IP profiling
- Email profiling
- Mobile profiling
- Mobile validation
- Address geolocation and validation
- Negative data
- Velocity and association checks
- Geolocation anomalies
- Risk scorecard