Background

Safety, in the realm of banking and finance, is the wide variety one priority for organizations and their customers. In today’s world of fast digitalization and hyper-connectivity, making sure the safety of an individual’s assets, economic or otherwise, has become quite an onerous venture due to growing threats of cybercrime. To combat such unwarranted situations, where a customer’s financials and regulatory compliance are at risk, governments and banks all over the world have adopted Know You Customer (KYC) to forestall the occurrence of fraudulent and money laundering activities. What is KYC? KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the identity of the client when opening an account and periodically over time. In other words, banks must make sure that their clients are genuinely who they claim to be. Banks may refuse to open an account or halt business relationship if the client fails to meet minimum KYC requirements.

Benefits of Our Solution

DETECT AND PREVENT FRAUD

SECURE & ENCRYPTED DATA

BIOMETRIC AUTHENTICATION

Product Solutions

Our ID Verification solution can help banks provide a smooth customer onboarding experience that complies with KYC regulations and minimizes the risk of fraud.

Compared with the traditional verification process, Telpo will offer a biometric terminal to enable bank staff to take a customer's picture or capture his fingerprint to compare with ID card. With unique and specific biometric characteristics, personnel identification will be truly recognized. And the e-document service will certainly ease staff burden on managing and keeping personnel information.

Take Telpo biometric terminal TPS360 as an example. It adopts FBI PIV and FBI Mobile ID certified FAP20 optical scanner, which supports multi-dynamic range (MDR) technology, live fingerprint detection (LFD) technology. Importantly, it complies with NIST certified interoperable image & template format standards (ANSI-378, ISO19794-2/4) and image compression standard (WSQ), ensuring collect and record user fingerprint in a fast, safe, and efficient way.

Multiple scanner & card reader modules can be chosen include NFC scanner, smart card reader, secure access module (SAM) card reader, front& back camera, etc. As different countries have various demands on opening an account, it will be better to choose the most suitable configuration.

If you want to more details, welcome to contact us directly.

Strength Guarantee

The Value Of The Program

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