FINANCIAL SERVICES

Boost your bottom line with
the best onboarding experience on the market.
Red downwards arrow in circle
Biometric ID technology • Data verification • Document capture Powerful AML & KYC Compliance • Digital & ID Fraud protection
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Common areas Financial companies are looking to improve

Long queue of customers with the text: 406% more accounts

 “With APLYiD we have seen 406% more accounts created due to ease of onboarding”

Mark Roberts, National Sales Manager, Convera

Increase customer acquisition and reduce drop-offs by streamlining the customer onboarding process.

We worked with Convera to overcome their problems with customer onboarding by streamlining their entire process with automated data capture, biometric identity verification and instant AML, PEP & Sanction checks performed without any manual data entry needed.

We removed Convera’s arduous paperwork and gave its sales teams more time to have meaningful conversations with their clients. APLYiD has delivered that solution… and more.

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Picture of deer stag saying: 72% less time to perform a check

“From a business perspective APLYiD has saved us time and money. It’s just so straightforward and easy.”

Debbie Tuddenham, Head of Wealth at Select Wealth Management

Improve customer retention with a seamless, superfast customer journey.

Working with Select Wealth we’ve helped the company reduce the time it takes to perform their due diligence on its customers by over 70%.

Clients have previously dropped off due to the verification process being too complex and time-consuming. By using APLYiD, Select Wealth’s clients are now able to complete checks efficiently directly on their own smartphones, with no downloads or data inputting.

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Man holding two masks on his face. 100% compliance, every time.

“We’re now seeing a 35% uplift of customers happily moving through our onboarding process”

Mark Balich, Head of Product, Latitude Financial Services

A better way to stay compliant while fighting fraud

We worked with Latitude Finance to streamline its customer onboarding process while improving time-efficiencies and ensuring the company is fully AML/KYC compliant and audit-ready.

Originally a very manual and time consuming onboarding process for their customers, Latitude Financial Services have seen their customer onboarding journey become 80% faster, whilst improving their compliance robustness through implementing APLYiD.

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What you get

We work with companies of all sizes helping to streamline their customer onboarding process. Our tech allows companies to:

Passport and Driver Licence
Capture data automatically through ID documents
Verify the document’s validity
Verify the document’s validity
Run a liveness check to prove authenticity
Run a liveness check to prove authenticity

How it works

We send a text to kickstart the verification process.

Then scan against over 16,000 ID types and captures your customers details.

The client
takes a selfie.

And you're all done in under 90 seconds.

Step one:

Enter your customer’s name and mobile number and they receive a text to kickstart the verification process.

Step two:

Our OCR technology scans 16,000 ID types (like a passport or driving licence) and captures their details in dynamic form.

Step three:

The client then takes a selfie, where our biometric software measures over 30,000 different facial vectors to confirm ‘liveness’ and compare their face to their ID.

Step four:

We scan global government databases with a checklist that complies with the very latest in AML and KYC compliance regulations including PEP & Sanctions checks, before we verify your customer with 100% accuracy.

Medieval trumpet animation

Step five:

The whole process from start to finish takes less than 90 seconds, with no manual data entry or typing needed. Simple.

Everything you need to win, onboard and keep new customers

Hand holding a phone with smart dressed woman on screen. 84% increase in customer acquisition.

Our all-in-one onboarding process is the fastest, smartest way to verify your new customers.

Our fully automated process verifies your customers in seconds. It works on virtually every smartphone with no downloads. It’s so quick and easy that fewer customers abandon the onboarding process halfway through.

And it works alongside your existing IT setup, complete with your own company branding, with no need for expensive development work or integration.

“Since implementing the APLYiD solution we’ve been able to remove the friction from the process. We’re now seeing a 35% uplift of customers happily moving through our onboarding process.”
Mark Balich, Head Of Product, Latitude Financial Services
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100% secure, with 0% of the effort

Happy vintage dressed man taking a selfie. 100% compliant.

APLYiD provides the safest way to verify new customers while meeting your compliance requirements.

Our onboarding AML/KYC compliance software is powered by the best available Government, Credit Bureau and Enterprise datasets, keeping all identification ultra-secure, updated and accurate.

We automatically delete customer data within minutes of verification. We will never be the source of a data breach or hack – that’s how we can guarantee your clients’ data is safe and secure.

What do our customers say?
We’re committed to providing a best-in-class customer service for our clients. See the results here:

News & Insights

Read more about Financial Services:
Financial Services

Press Release: APLYiD Partners with HES Fintech to Enhance Digital Identity Verification Solutions

Press Release: APLYiD Partners with HES Fintech to Enhance Digital Identity Verification Solutions

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How are hackers beating banks’ ID verification software?

At APLYiD our mission is to end identity fraud and digital crime – that’s why we’ve made the best biometric identity verification software on the planet. But as our technology gets more sophisticated...

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Abandon(ment) hope

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Will this be the year of identity?

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Challenger banks: they shouldn’t stand alone

The FCA reports that the UK’s top challenger banks still don’t do enough to eliminate identity theft and cyber fraud – but there’s nothing but silence from the companies that are supposed to be protecting them.

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How will Consumer Finance be affected in the Recession of 2023?

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Why Banks Need To Start Taking Ownership

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The Seamless Paradox

Digital-first banks attract customers with no-fee accounts and simple, seamless setups. But their appeal to fraudsters means the more seamless they get, the more dangerous they become.

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Everything you need to know about Knowing Your Customer

KYC is an important part of protecting yourself – and your customers – from fraud, regulatory breaches and bad actors. Luckily APLYiD makes KYC compliance quick, seamless and effective.

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