For Financial Services

Stay Ahead of Regulators

Automate KYC/AML compliance and reduce customer onboarding from days to minutes. Built for banks, fintech, payment processors, and financial institutions.

SOC 2 Certified
GDPR Compliant
Bank-Level Security

KYC Compliance Dashboard

Live
Customer Onboarding 2.3min

95% faster than industry average

Compliance Rate 99.8%

AI-powered verification accuracy

Documents Processed 12.4K

This month • ↑ 23% from last month

The Compliance Challenge in Financial Services

Financial institutions face mounting regulatory pressure, sophisticated fraud attempts, and customer expectations for instant account opening.

Regulatory Fines

Banks paid $10.4B in AML/KYC fines globally in 2023. Non-compliance is costly.

Slow Onboarding

Traditional KYC takes 3-5 days. 40% of customers abandon during the process.

Identity Fraud

$5.8B lost to identity fraud in 2023. AI-powered fake documents are increasing.

Manual Costs

$500M+ spent annually on manual KYC review teams. Expensive and error-prone.

How CredFlare Transforms Financial Compliance

From customer acquisition to ongoing monitoring—automated, intelligent, and audit-ready

1

Automated KYC/AML Screening

AI-powered identity verification with automatic PEP, sanctions, and watchlist screening. Reduce manual review by 95%.

2

Multi-Tier KYC Levels

Configure Tier 1, 2, 3 KYC requirements with automated progression. Set transaction limits per tier automatically.

3

Real-Time Fraud Detection

AI detects fake IDs, deepfakes, and document manipulation in seconds. 99.8% accuracy rate with continuous learning.

4

Regulatory Reporting

Auto-generate SAR reports, audit trails, and regulatory filings. Always ready for examination.

Key Metrics

Onboarding Time 2-5 minutes

vs 3-5 days traditional

False Positive Rate < 0.5%

Industry average: 5-15%

Cost Reduction 85%

vs manual review teams

Fraud Detection 99.8%

AI-powered accuracy

Universal Verification Numbers (UVN)

Verify Once, Use Everywhere

Every verified document receives a Universal Verification Number—a digital fingerprint that certifies authenticity and enables instant reuse across your organization and partner institutions worldwide.

Global Recognition

UVNs are recognized globally, ensuring standardized verification across borders and institutions.

Instant Verification

Anyone with a UVN can verify document authenticity in seconds without re-uploading or reprocessing.

Tamper-Proof

Each UVN acts as a digital fingerprint, ensuring document integrity and preventing fraud.

Built for Every Financial Use Case

Retail Banking

Open checking/savings accounts instantly with automated KYC. Support multi-tier accounts with graduated verification.

  • Instant account opening
  • Tiered verification levels
  • Cross-sell opportunities

Mobile Money / Fintech

Launch users with Tier 1 KYC instantly. Progressive verification as they increase transaction volumes.

  • Mobile-first onboarding
  • Progressive KYC tiers
  • Agent network verification

Payment Processors

Verify merchants instantly with business registration, tax clearance, and beneficial owner checks.

  • Business verification
  • UBO (Ultimate Beneficial Owner)
  • Ongoing monitoring

Lending Platforms

Verify borrowers with employment, income, and identity checks. Assess creditworthiness with comprehensive data.

  • Income verification
  • Employment checks
  • Document authenticity

Cryptocurrency Exchanges

Meet global crypto regulations with enhanced due diligence. Source of funds verification and ongoing monitoring.

  • Enhanced due diligence
  • Source of funds
  • Travel rule compliance

Insurance Companies

Verify policyholders instantly. Prevent insurance fraud with AI-powered document analysis.

  • Instant policy issuance
  • Fraud prevention
  • Claims verification

Financial-Grade Features

Everything you need to meet regulatory requirements and protect your institution

🔒 Regulatory Compliance

  • AML/KYC Compliance: Automated screening against global watchlists, PEPs, sanctions lists
  • SAR Generation: Auto-generate Suspicious Activity Reports with audit trails
  • Regional Compliance: Support for FinCEN, FCA, FATF, and local regulations
  • Ongoing Monitoring: Continuous screening with automatic alerts for status changes

🤖 AI-Powered Intelligence

  • Fake ID Detection: Deep learning identifies forged, altered, or synthetic IDs
  • Liveness Detection: Prevent photo/video spoofing with active liveness checks
  • Risk Scoring: Machine learning assigns risk scores based on 100+ data points
  • Behavioral Analytics: Detect anomalous patterns indicating fraud

📊 Audit & Reporting

  • Complete Audit Trail: Immutable logs of every verification action with timestamps
  • Custom Reports: Generate compliance reports for regulators in minutes
  • Dashboard Analytics: Real-time compliance metrics and KPIs
  • Exam Readiness: Export verification records for regulatory examinations

⚡ Enterprise Integration

  • RESTful API: Complete API for seamless core banking integration
  • Webhook Notifications: Real-time status updates to your systems
  • White-Label: Fully branded verification experience
  • 99.9% Uptime SLA: Enterprise-grade reliability and support

Ready to Transform Your Compliance?

Join leading financial institutions using CredFlare to stay compliant, reduce costs, and delight customers.

14-day free trial • No credit card required • SOC 2 certified