Benefits
By integrating this API, validating user contact information becomes faster and easier, helping prevent fraud and identity theft. Utilizing data from telecommunications operators, KYC-Match supports compliance with AML/KYC regulations and facilitates user onboarding. Its standardization under CAMARA allows outreach to new users from multiple carriers. Additionally, the KYC-Match Unified API Access feature provides access to various network capabilities through a single, standardized interface.
Conversion Rate and Higher Quality Users
KYC-Match improves conversion rates by comparing user-provided contact information with reliable mobile carrier data, while respecting privacy regulations.
Footprint for Your Identity Service
Standardization provides uniform access to different telecom companies, expanding your business footprint and ensuring consistency across carriers.
Simplified Integration
The standardized API integrates easily into applications without customization for each carrier, simplifying development and reducing time to market.
Legal Compliance
This API ensures compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations, enhancing your reliability.
Fraud Prevention
Using the KYC-Match API, reduce identity-related risks, including synthetic identity fraud and identity theft.
Use Cases
Prevention of Identity Theft Risks
With the rise of online transactions in shopping, banking, and social interactions, our personal data is spread across various digital platforms and databases. Robust cybersecurity measures are crucial to combat synthetic identity fraud and phishing. The KYC-Match API validates customer contact information using reliable data from mobile network operators. This enhances the convenience of digital onboarding while reducing identity fraud risks.
Improvement of and User Database Quality
Accurate contact information is crucial when signing up new customers. Fake accounts diminish the quality of your user database and distort conversion rates. The KYC-Match API provides reliable user information validation, ensuring higher-quality databases. This leads to a better understanding of your customers, allowing you to invest time and effort more effectively, target strategic business decisions accurately, and take meaningful actions.
Frequently Asked Questions.
What is a KYC Check?
KYC (Know Your Customer) Check is a process used by businesses to verify the identity of their customers. In the context of our API, it's a service that allows businesses to validate customer information against mobile network operator data, providing a quick and reliable method of identity verification.
How does a KYC Check work?
1. When a business needs to verify a customer's identity, they initiate a KYC Check request through our API.
2. The customer provides their personal information, typically including name, phone number, and possibly other details like address or date of birth.
3. Our service queries the mobile network operator's database to verify the provided information.
4. The API returns a result indicating whether the provided information matches the records held by the mobile network operator.
What are the benefits of using our KYC Check service?
Enhanced security: Helps prevent fraud by verifying customer identities against trusted mobile network operator data.
Improved compliance: Assists businesses in meeting regulatory KYC requirements in various industries.
Streamlined onboarding: Simplifies and speeds up the customer verification process.
Reduced manual checks: Automates the verification process, reducing the need for manual document checks.
User-friendly: Can be integrated into existing onboarding flows for a smooth user experience.
Real-time verification: Provides instant results, allowing for quicker customer onboarding.
How does the KYC Check API work?
Our KYC Check API provides a seamless way for businesses to integrate identity verification into their applications or services. Here's how it functions:
1. API Integration: Businesses integrate our KYC Check API into their systems or onboarding flows.
2. Data Submission: When verification is needed, the business submits the customer's information (e.g., name, phone number) to the API.
3. Consent Management: The API ensures that proper user consent is obtained before proceeding with the check.
4. Network Query: The API securely queries the relevant mobile network operator to verify the submitted information.
5. Data Matching: The network operator compares the submitted information against their records.
6. Response: The API returns a verification result, typically a match/no match response or a confidence score.
7. Additional Attributes: Depending on the specific implementation and regulations, the API may provide additional verified attributes about the customer.
8. Cross-Carrier Support: The API works across multiple mobile network operators, providing a unified interface for KYC checks regardless of the customer's carrier.
9. Privacy and Security: The API is designed with data protection in mind, using encryption and secure protocols for all data transfers.
By leveraging this API, businesses can implement a robust, automated KYC process that enhances security, improves compliance, and streamlines customer onboarding while maintaining user privacy.
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