Accurately verify customers anywhere
Screen users against over 1100+ global sanctions, PEP, adverse media watchlists and 170K+ news sources.
Verify users against reliable government sources
Accurately match faces for user-friendly authentication
Access reliable records from Africa's business registries
Automatically spot anomalies to prevent fraud on your platform
Easily confirm bank account ownership
Validate phone number records in South Africa, Nigeria, Tanzania, Uganda and Kenya
Screen users against over 1100+ global sanctions, PEP, adverse media watchlists and 170K+ news sources.
Retrieve personal information from government records and match a selfie to official ID photo.
Match personal information against official government records.
Confirm the identity of an existing user.
Enhanced DocV authenticates and cross-references documents with government databases in one step.
Retrieve business records and stakeholder information from the official business registry
Identify users attempting to create multiple accounts using facial biometrics.
Retrieve personal information from official government records.
Verify the authenticity of an ID document and match a selfie to the ID card photo.
A crucial process businesses undertake to verify the identity of their customers, understand their financial activities and assess their potential money laundering (ML) and terrorist financing (TF) risks. CDD forms a core pillar of Anti-Money Laundering (AML) compliance programs in the digital identity space.
CDD safeguards your business from money laundering and terrorist financing risks, fostering a secure and compliant environment for both your users and your organization.
Customer Identification: Verifying a customer's identity through reliable documents and data checks. This may involve government-issued IDs, utility bills, or other official documents.
Understanding Customer Activity: Gathering information about a customer's intended use of your services, transaction patterns, and expected source of funds.
Risk Assessment: Evaluating the information collected to determine the customer's risk profile based on factors like geographic location, transaction volume, and industry type.
Enhanced Security: CDD helps mitigate the risk of money laundering and terrorist financing activities, protecting your business and its reputation.
Regulatory Compliance: Robust CDD procedures ensure adherence to AML regulations, avoiding potential penalties and legal ramifications.
Improved Customer Relationships: CDD fosters trust with your customers by demonstrating your commitment to a safe and secure environment.
Effortless Digital Identity Verification: Ditch time-consuming manual checks. Smile ID's government-verified KYC and document verification allows you to perform digital KYC in seconds.
Automated Risk Assessment - Make Smarter Decisions, Faster: Smile ID offers automated risk detection tools like AML checks. These tools analyze thousands of watchlists and media sources to instantly determine customer risk levels.
Continuous Monitoring - Stay Ahead of Threats: Implement AI-powered transaction monitoring systems that analyze customer transactions in real-time.
By leveraging Smile ID's CDD solutions, you can:
Simplify compliance and meet regulatory requirements with ease.
Reduce operational costs associated with manual CDD processes.
Make faster, more informed decisions about your customers.
Build trust and confidence with customers and partners in Africa's digital economy.
Book a free demo here to learn more.
We are equipped to help you level up your KYC/AML compliance stack. Our team is ready to understand your needs, answer questions, and set up your account.