Know Your Customer

Remote identity verification for account opening and AML checks in financial services.

Business impact

• customer conversion — Pockit reports a 15% increase after automating identity verification.

Data requirements

• government-issued identity documents (image) — Used to confirm legal identity.
• selfies (image) — Matched against the document to validate the person’s identity.
• watchlist checks (text) — Used after identity verification to support AML screening.

AI methods and techniques

• machine learning — Used to verify identity from document and selfie data.
• facial recognition — Used to match a selfie against the identity document.

Industries

Real-world evidence

1 documented case study on record.

Companies using this: Pockit.