Leading KYC and Customer Onboarding Solutions
HooYu Identify is a global Know Your Customer solution that helps increase the success of customer onboarding whilst increasing the integrity of KYC processes
At HooYu, our approach to Know Your Customer compliance is to blend multiple identity verification techniques in a seamless process, enabling MLRO’s to configure risk-based KYC whilst increasing onboarding rates.
The HooYu approach to customer due diligence is unique, not only by combining identity verification technologies, but also by generating an identity confidence score by cross-referencing the identity attributes gleaned from the sources used.
How does it work?
1. The customer takes a selfie with their mobile or web cam, shares their social media or online account details and takes a picture of their ID document
2. HooYu completes a biometric facial verification, extracts & scores information from the user’s online identity and ID documents and authenticates their ID documents
3. Identity attributes are cross-referenced, matched and scored against each other to drive an overall identity confirmation score and generates an identity confirmation report
