Beyond Biometrics: The power of database ID Verification in the compliance landscape

We’re excited to share insights from our recent webinar with industry leader London Stock Exchange Group (LSEG), exploring how data-based identity verification (IDV) is reshaping the Know Your Customer (KYC) landscape.

In this webinar, we cover critical aspects of IDV that help businesses like yours navigate the complexities of KYC compliance

LSEG IDV Overview:

Discover what LSEG IDV is and how it enables trusted, data-driven identity verification.

Match and Pass Rates:

Improve your match and pass rates by an average of 21% with our market-leading, best-of-breed solutions. Discover the benefits of LSEG’s data sources for your compliance procedures.

Data in KYC:

Gain insights into the essential role that verified, reliable data plays in effective KYC processes. Rely on up-to-date and accurate data to meet compliance requirements more effectively, reducing false positives and improving the customer onboarding experience.  

Data Sources and Trust:

Understand where IDV data comes from and how this data builds trust in verification processes. For our SmartSearch customers, this means accessing a broad network of trusted data sources, increasing confidence in customer verification and reducing fraud risk.   

Impact of Population Coverage and Match Rates:

Learn how regional coverage and population data influence match rates and accuracy. Benefit from enhanced match rates globally, improving verification success across diverse customer bases by 21% on average, boosting regulatory compliance all while keeping customer friction to a minimum.

Best Practices for IDV:

Explore top strategies and techniques to maximise IDV effectiveness in your compliance workflows. Streamline your processes, saving time and resources, while improving overall compliance quality.    

IDV and AI for Enhanced Compliance:

Discover the unique advantages of using IDV and AI together, as well as the common challenges businesses face and how to overcome them. AI-driven IDV brings a new level of accuracy, speed, and adaptability to compliance processes, addressing evolving regulatory needs with agility.