AML/KYC Products | Unity ID Verification

Modified on Wed, 20 Nov, 2024 at 6:58 PM

This article walks you through products available via the Unity ID Verification tile, if you are looking for products for the Unity Onboarding solution, please view the resources here. If you are looking for products for the Unity PMS product, please view the resources here.

AML/KYC Products

Instant AML Check

Exclusive to the Unity Global platform, the instant AML Check includes PEPS/Sanctions screening, thumbnail images, adverse media and law enforcement checks, disqualified director checks, digital address verification and fraud/mortality checks - all without any input from your customer.

Replaces: Veriphy identity confirmation check, Veriphy eAML, Veriphy360, Veriphy International AML check

Biometric ID & Instant AML Check

Using Credas' market leading IDV app, which has over 265,000 reviews and an average 4.6/5 stars rating, your customers will be able to verify their identity from anywhere in the world, at any time. With international document verification coverage and NFC verification as standard as well as smart passive liveness checks, Credas offers a best in class solution that is certified under the UK Governments Digitial Identity and Attributes Trust Framework.

Replaces: Thirdfort Original ID

Safe Harbour AML Vendor Check

Developed in collaboration with HMLR, the Credas Safe Harbour standard check requires the vendor to complete an NFC passport check and a second form of identification, along with a full Instant AML Check.

Replaces: Thirdfort Enhanced NFC ID

Safe Harbour AML Purchaser Check

Similarly, the purchaser version of the Safe Harbour check includes an NFC passport check and a complete instant AML check, ensuring thorough vetting for all transactions.

Replaces: Thirdfort Enhanced NFC ID

Credas Source of Funds

Credas' Source of Funds solution simplifies the process of gathering and analysing financial information using Open Banking. Customers can upload evidence or connect directly with their bank, depending on the Source of Funds.

Replaces: Thirdfort Source of Funds

Key Enhancements & Benefits

Expanded datasets

By partnering with Credas, we have integrated a wider range of datasets, helping you mitigate ID fraud risks and identify high-risk customers more quickly.

Document comprise alerts
Amberhill database checks
Adverse media and law enforcement screening
Disqualified director checks
PEPs & Sanctions pen portraits
Dual-source address verification

Ongoing Monitoring

One of the key benefits of directly integrating Credas into the Unity Global Platform is that we can now include Ongoing Monitoring as part of the solution. Credas' OGM solution will automatically screen your customers against the latest international PEPs & Sanctions lists and notify you of any changes in circumstances. Our enhanced OGM offering comes at NO additional charge helping you stay compliant while reducing both your administrative burden and costs.

Improved Client Experience
Another benefit of Credas' marketing leading product is a more enhanced experience for your client such as:

Option to complete checks via mobile app or desktop
Contact via both email and SMS
Dedicated online support portal and access to the Credas support team
Dynamic fallback options to increase ID check competition rates

Got any questions?

If you have any questions please reach out to our support team by logging a support ticket

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