KYC customer checks are the mandatory process of identifying and verifying a customer’s identity when they initially open an account, as well as over time.
With access to the right data, you can uncover hidden risks relating to your customers, ensuring you meet all relevant KYC regulations and remain fully compliant.
Leverage Experian’s leading KYC Fin Crime reference data to seamlessly cross-compare your existing customer data with Experian’s trusted third-party reference data. This empowers you to verify customers while gauging their risk magnitude, all promptly and effortlessly within your Excel spreadsheets for customers and potential clients.
Fulfill your mandatory regulatory remediation checks which are vital to your status as a financially regulated entity, optimize your financial compliance and elevate your due diligence endeavors.
A definitive resolution for the integration of Experian FinCrime data into your Excel interface.
Performing Know Your Customer (KYC) compliance checks on existing customer data offers several important business benefits, particularly in industries that are heavily regulated, such as fi-nance, banking, and other sectors dealing with sensitive information. Here are the key business benefits of conducting KYC compliance checks on your existing customer data: