Refinitiv, a subsidiary of LSEG, has launched new digital onboarding capabilities designed with institutions in the wealth, financial technology and digital assets space in mind.
The low/no-code solution can be deployed in as little as two weeks, Refinitiv said in a news release. It will enable firms to verify an individual’s identity information and documents in real time, conduct remote biometric checks, access and cross-reference a series of disparate data sets, such as residential addresses, sanction lists and to use additional technology to verify bank accounts.
The solution comes pre-integrated within World-Check, Refinitiv’s risk intelligence service, as well as Qual-ID, its digital identity solution and its suite of bank account verification tools provided by GIACT. It is also possible to add on supplemental API services such as geolocation, address checking and mobile verification through the “plug and play” mode.
“We have applied 20-plus years’ experience gained in developing customer and third-party screening and related due diligence solutions for the world’s leading global banks into the design of our digital onboarding solution,” Ramesh Menon, global head of product, digital identity and fraud solutions at Refinitiv, said in the news release. “That expertise has enabled…
