Know Your Customer (KYC)

Know Your Customer (KYC) and Anti-Money Laundering (AML) policies and processes are constantly expanding and due diligence tools and data has become critical globally to many regulated businesses. The W2 product range provides robust and efficient data and tools to enable businesses to protect themselves from potential risk whilst ensuring compliance with current and future regulations.

W2 Global Data (W2) offer an extensive range of award winning products and services enabling organisations to conduct regulatory Know Your Customer (KYC), Anti-Money Laundering (AML) and fraud prevention Customer Due Diligence (CDD). Our global services include ID and Age verification, PEP and Sanctions screening and monitoring, document verification, facial comparison, income verification and credit checks and more services to come (like mortality screening and phone number validation).

Our global KYC service includes hundreds of integrated KYC data sources to provide premium coverage for global compliance and fraud prevention. With just one simple integration you’ll have access to numerous data sources, real-time verifications and analysis.

Our ‘one gateway’ service offers KYC, compliance and fraud prevention from one simple API integration. Schedule a call with us today to see how integration to a single platform offering instantaneous age and identity verification, AML checks, fraudulent behaviour analysis, black and white lists, affordability assessment, facial comparison and ongoing monitoring, all powered by state of the art machine learning and intelligence can improve your customer acquisition rates.

By combining document verification and facial comparison we are able to provide confidence that the document being presented is genuine and also links the customer/ document owner to the document in real time. This combination of authentication helps businesses eliminate manual screening errors, speeds up the document inspection process and significantly reduces employee training, operating costs and customer inconvenience.

Along with our traditional credit file age verification checks W2 can offer alternative trusted and simplified methods of age verification (AV). This alternative approach to age verification provides a seamless consumer experience enabling simplified ‘free to play’ and player on-boarding. Full KYC for age verification is not always necessary, our simplified AV is low cost, easy to integrate and easy to use. All of our trusted, robust and secure methods of age verification support current and future regulatory compliance in many sectors such as gambling & betting, retail and adult.

To find out more about how W2 could help you to reduce risk and meet regulatory compliance.