mobile software - Face2Face

The information collected is of a very high quality since all fields are pre checked on the client before submission. You no longer need a room full of data capturers

Reduced Fraud and increased KYC compliance.
Due to the brilliant quality of the images you can manage your risk more easily. When many banks using traditional registration methods are audited for quality of the information. It is often found to be of a poor quality with smudged faxes and barely legible documents. Face2Face ensures all your customer information is of a high quality and easily viewable

The time delay between a customer requesting an account and the bank provisioning that account is crucial. Banks waste weeks waiting for customers to send through the appropriate documentation. If they ever send them at all. In fact some sample tests we ran show that without an immediate call to action (like Face2Face) to collect the customers documentation only 5% of customers bother to finish the process. With Face2Face this will be a 100%

Know your Customer(KYC) is the due diligence and bank regulation that financial institutions and other regulated companies must perform to identify their clients and ascertain relevant information pertinent to doing financial business with them. In the USA, KYC is typically a policy implemented to conform to a customer identification program mandated under the Bank Secrecy Act and USA PATRIOT Act. Know your customer policies have becoming increasingly important globally to prevent identity theft fraud, money laundering and terrorist financing. In a simple form these rules may equate to answering twelve questions, but this is the tip of the iceberg and regulators now expect much more. KYC should not be thought of as a form to be filled - it is a process to be undergone from the start of a customer relationship to the end.

Face2Face - remote KYC
Face2Face is an application that runs on pre-certified handsets. Allowing your fleet of agents to travel around the country to any remote location, to sign up and register customers with complete KYC compliance for your region. It solves fundamental acquisition problems i.e. The collection of appropriate documents and information can be done Anytime, Anywhere