Effortlessly automate KYC verification with our API-based platform
Know your customer (KYC) and anti-money laundering (AML) measures are essential to any business—and not just because they’re mandated by federal law.
Verifying a customer’s identity and intent before they carry out financial transactions with your organization is a key part of managing risk, combating fraud, building a solid brand reputation, and understanding your customers’ goals.
Orum makes it easy by automating KYC identity verification and watchlist screening through our money movement platform, Deliver. That means you can skip vetting, integrating, and managing additional third-party solutions and truly focus on your core product.
How online KYC verification works
When your company partners with Orum, customers are verified at onboarding and continuously monitored against several sanctions and fraud watchlists. Your KYC data can be shared directly via the Deliver API. Momentum can verify it on your behalf, streamlining the onboarding process and enabling customers to initiate or receive payments on your platform right away.
If you already have an online KYC verification solution in place, no problem. That works, too. Orum is committed to meeting you where you are and integrating your existing solutions with Develir’s API to make money movement as easy as possible.
Why it matters
As a critical but compulsory step, KYC is often carried out through antiquated systems and multistep flows, introducing needless friction to the user experience and causing avoidable customer dropoff.
By partnering with Socure—an industry-leading platform for seamless KYC identity verification—Orum authorizes and onboards your customers quickly and painlessly while retaining their trust and loyalty.
Verify customer identity faster with Orum API
Gain deeper insight into Orum’s regulatory compliance solutions and discover how your platform can benefit from real-time, fully automated money movement.
If you're looking to speed up customer identity verification, get in touch!
