Every online business is aware of fraud. But how much are you losing directly to fraudulent transactions every day?
Acquiring new customers is hard enough, without a percentage of new traffic being turned away because their identities cannot be verified by a static ‘Know Your Customer’ system.
Historically Regulation including KYC coupled with Fraud & Risk Management checks may have been seen as a barrier to entry. The need to enter new markets meeting regulatory requirements and with confidence is central to many online businesses needs and future growth plans.
Rather than focusing on “stopping fraud” e-kyc looks to maximise the application acceptance of genuine customers. Additionally our strategies aim to minimise any “friction” the customer may have throughout their lifetime with your business.
e-kyc provides advice and strategy with the aim of enabling as high a % as possible of new customers to experience a seamless journey into your product. Whether you’re a retail website, a FOREX trader, Pre-Paid Provider or a gaming merchant, e-kyc aims to ensure a higher percentage of customer traffic will be able to transact with your sites immediately.
Bottom line, you need real customers spending real money. e-kyc aims to get you to those customers faster.
More traffic = more customers. More verified customers = more money. That’s the eKYC model of practical antifraud solutions |
