AML/KYC Data for Identity Verification

Identity Verification (IDV) is increasingly the first formal interaction users have with a business, sometimes even before providing their credit card number. This process is extremely difficult because the user expects it to be quick and frictionless, while the government expects it to be thorough and to check a number of legal requirements, including Knowing Your Customer (KYC). This becomes the first compliance check point for a business, and integrating watchlist checks into this step is crucial. After all, someone can have a valid ID, but still be on a terrorist watchlist.