Identity Verification
Verify customer identity documents electronically.
KYC
KYC Software. Know Your Customer
KYC software for Australian businesses. Automate customer identification and verification to meet AUSTRAC requirements.
Automate customer identification
KYC software automates the customer identification and verification process required under AUSTRAC's AML/CTF framework. Part B of your AML/CTF program must include how you identify customers and beneficial owners.
Electronic verification using reliable data sources is an accepted method for meeting your CDD obligations.
KYC software capabilities
Document Verification
Authenticate passports, licenses, and other IDs.
Biometric Checks
Facial recognition and liveness detection.
Risk Scoring
Automated risk assessment for each customer.
Frequently asked questions
What is KYC software?
KYC (Know Your Customer) software automates customer identification and verification processes required under AML/CTF laws.
What does KYC software verify?
KYC software typically verifies identity documents, screens against watchlists, identifies beneficial owners, and assesses customer risk level.
Is electronic verification accepted?
Yes. AUSTRAC allows electronic verification of customer identity using reliable, independent data sources.
Related resources
ARCaml — CDD as a Service
ARCaml handles KYC and customer due diligence end-to-end.