KYC, or Know Your Customer, screening involves validating a customer’s identity and evaluating their risk exposure. KYC compliance is fundamental for managing financial crime risk and fulfilling regulatory compliance obligations such as anti-money laundering (AML), counter-terrorist financing (CTF) and sanctions regulations.
From onboarding to offboarding, financial institutions must verify and understand their customers, monitor ongoing risk, and document actions.
Key Features:
- Ongoing Customer Due Diligence: Continuously monitor customer data against global sanction lists, adverse media, and watchlists.
- Real-Time Identity Screening: Instant identity validation and screening at onboarding.
- Smart Data Matching & Update Triggers: Designed to limit checks to meaningful updates in customer or sanction data, reducing.
Bottomline KYC Screening will be available for use from 2026.
Related Solutions
Sanctions Screening
Efficiently detect and prevent financial crimes with Bottomline's Sanctions Screening Service, ensuring legal compliance and mitigating risk.
