Know Your Customer (KYC) - Customer identification
Handle customer identification requirements mandated by the Anti-Money Laundering Act effortlessly, quickly, and securely with Signom KYC Service.
By making the transition from outdated and slow processes to seamless electronic interactions, you'll free up countless hours of your valuable time.
Automate the identification and verification of the client's identity (KYC) as well as the signature process
Signom KYC Service provides an efficient, secure, and user-friendly way to collect the necessary identification information from customers – as required by the Anti-Money Laundering Act.
Users can easily provide their details to Signom, after which verifying and processing the information is quick and straightforward for the KYC team.
When Signom automatically guides and instructs your customers through the process, identity verification and data collection become significantly faster.
Signom has been used extensively to collect know-your-customer information from various industries, enabling the development of best practices for collecting information from different legal entities and identifying specific requirements for certain entity types.
The ISO 27001-certified information security management system ensures error-free and worry-free services through its rigorous processes.
Anti-Money Laundering Act and customer identification
The updated Anti-Money Laundering Act requires companies to collect and retain customer identification information.
The act applies to various types of businesses, including:
Business service providers
Investment and financial services
Insurance and pension insurance companies
Real estate agencies
Legal and law firms
Accounting, bookkeeping, and auditing services
Non-compliance with customer identification requirements is taken very seriously by regulatory authorities.
Core obligations of the Anti-Money Laundering Act
Identify your customers and verify their identity
You must also identify the customer's representative and verify their identity, as well as ensure the representative's authority to act on behalf of the customer.
Determine the beneficial owners of your corporate customers
Identify the owners of the company, as well as those who exercise control over the company.
Know your customers and
their activities
Continuously monitor activities to detect suspicious transactions.
Benefits of Signom KYC Service at a glance
Compliance with legislation
The service helps you comply with legislation and standards, such as the Anti-Money Laundering Act and the General Data Protection Regulation (GDPR), by providing a reliable and secure way to collect and process personal data.
Efficiency and time savings
Automatic data collection can reduce or even eliminate many manual steps, making the verification and monitoring of the provided information easy and fast.
Accurate information for specific needs
Get a service that is tailored to the specific needs of your company, addressing the critical issues that arise in your industry and business.
The service can be used for onboarding new customers and updating information for existing customers.
Better customer experience
Our system allows users to provide identification details at the most suitable moment, with registry information pre-filled.
Users only need to answer questions relevant to their own company, eliminating unnecessary inquiries; for instance, sole proprietors won't be prompted for board-related information.
Easy integration
Easily import or verify customer data directly into the customer's own systems, reducing manual work, minimizing errors, and saving time. Plus, integrate external services, such as risk assessment reports, into the Signom KYC report.
Easily scalable
The service is scalable and facilitates the addition of new features and content customization as your needs evolve.
Signom - the most versatile electronic signature service
Signom KYC Service is part of Signom's electronic signature service, which helps automate and digitize business and customer processes. Whether it's onboarding customers, verifying their identities, or facilitating document signing like contracts and reports, Signom ensures a smooth and effortless experience.
Automated customer data verification in accordance with KYC processes ensures efficient and seamless signing, identity verification, and information gathering. Signom's easily customizable and scalable solution suits the demanding needs of both small businesses and large companies with complex organizational structures and signature processes that require automated workflows and extensive integrations.
Numerous companies already trust Signom
