Frequently Asked Questions

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FAQ

KYC verification is the process of accurately confirming a customer’s identity to prevent fraud, financial crime, and compliance breaches. At KYC Solution™, we make this effortless by validating official documents, performing advanced biometric checks, and continuously assessing user risk.

Our technology ensures businesses always know who they are engaging with — securely, reliably, and in full alignment with global regulatory standards.

KYC Solution™ delivers a comprehensive suite of verification services designed to meet global compliance standards and protect businesses from fraud. Our platform includes:

  • Document Verification
  • Facial Verification & Biometrics
  • Electronic Identity Verification (eIDV)
  • Address Verification
  • AML & Sanctions Screening
  • Live-Agent Assisted Verification

These services can be combined to create a fully customised KYC workflow, allowing organisations to adapt the process to their exact regulatory and operational needs.

KYC Solution™ also offers bedpoke turnkey solution. Our rapid verification engine built for high-speed onboarding within closed-loop or high-trust ecosystems.

KYC software streamlines and automates the entire identity verification process, removing the need for manual checks and significantly reducing compliance risk.

With KYC Solution™, identities are verified in real time using global datasets, advanced biometrics, and automated fraud-detection technology. This enables businesses to onboard customers faster, more accurately, and with complete regulatory confidence.

Our platform also supports Video KYC, allowing organisations to verify users instantly through secure, live agent–assisted sessions — accelerating onboarding while maintaining the highest level of assurance.

Selecting a KYC partner is a strategic decision that directly affects risk management, customer experience, and regulatory performance. The ideal provider should deliver exceptional accuracy, broad international coverage, seamless integration capabilities, and demonstrable compliance expertise.

KYC Solution™ is built to meet these standards at an enterprise level. Our platform provides:

  • High-precision identity verification powered by advanced biometrics and AI-driven analytics
  • Truly global reach, enabling verification across diverse jurisdictions and regulatory environments
  • Streamlined integration, supported by flexible APIs, SDKs, and tailored workflow configurations
  • Enhanced fraud protection, including deepfake detection, anti-spoofing technology, and intelligent liveness verification
  • Continuous 24/7 support to keep operations running without interruption
  • A dedicated account manager and technical engineer, ensuring personalised oversight and rapid issue resolution
  • The most cost-effective solution globally, outperforming major competitors while maintaining premium quality and compliance alignment

By choosing KYC Solution™, organisations gain a trusted partner that combines advanced technology with operational excellence — enabling secure, scalable, and compliant customer onboarding at industry-leading cost efficiency.

The cost of KYC compliance is shaped by several key elements, including verification volume, the strength of identity assurance required, and the complexity of the regulatory framework a business operates within. Higher-risk sectors, multi-jurisdictional operations, or enhanced due-diligence requirements can all increase the overall expenditure.

At KYC Solution™, we’ve redesigned the economics of verification to make compliance accessible, scalable, and cost-efficient for organisations of all sizes. Our pricing structure is built on three core principles:

  1. No setup fees

We do not charge onboarding, implementation, or platform activation fees.

  1. No minimum commitment

Use the platform as needed — whether you’re processing 10 verifications or 10 million.

  1. Ultra-competitive per-check pricing

Identity verification starts from just €0.25 per check, with volume-based reductions available.

While many competitors add hidden fees, charge extra for non-Latin documents, or require long-term commitments, KYC Solution™ maintains a fully transparent, all-inclusive approach. The result is a solution that is, on average, 65% cheaper than leading verification providers — without compromising quality, speed, security, or global coverage.

We outperform major players such as Sumsub, Trulioo, Shufti, GBG, and ComplyCube on both cost and service, while delivering dedicated support, 24/7 assistance, and a personal account manager and engineer for every enterprise client.

Price Comparison (Typical Market Benchmark)

Illustrative benchmark for standard identity verification — showing KYC Solution™ ≈ 60–65% cheaper.
Provider Price per Verification Setup Fees Minimum Commitment Cost vs KYC Solution™
KYC Solution™ €0.25 None None Baseline
Sumsub €1.20–€1.80 ~65% more expensive
Trulioo €1.50–€2.50 ~70% more expensive
Shufti €1.00–€1.50 ~60% more expensive
GBG €1.80–€3.00 ~75% more expensive
ComplyCube €0.90–€1.40 ~60% more expensive

Summary

KYC Solution™ delivers premium verification technology at the lowest total cost in the market — with no hidden charges, no lock-ins, and enterprise-grade support.

Absolutely. KYC Solution™ is purpose-built to support high-risk and heavily regulated sectors, including banking, fintech, payments, crypto, insurance, and iGaming. Our platform is engineered to meet stringent global regulatory standards while remaining flexible enough to adapt to local jurisdictional rules.

With configurable workflows, advanced fraud-detection tools, and multi-layered verification options, KYC Solution™ simplifies even the most complex compliance scenarios. Whether you’re operating across multiple regions or managing enhanced due diligence requirements, our technology ensures accuracy, efficiency, and full regulatory alignment.

KYC Solution™ offers multiple integration pathways designed to suit businesses of all sizes and technical capabilities. Whether you need instant deployment or a fully customised technical build, our platform is built for speed, flexibility, and seamless adoption.

Our integration options include:

  • RESTful API Integration
    Ideal for businesses looking to embed verification deeply within their existing systems.
    Our engineering team works directly with your developers to ensure a smooth, timely, and fully optimised implementation.
  • SDKs for Web & Mobile
    Lightweight, secure, and easy to deploy across iOS, Android, and all major web frameworks.
  • Pre-built Plugins & Connectors
    Ready-to-use integrations for leading platforms such as Shopify, WooCommerce, eBay, and others — enabling rapid onboarding without custom development.
  • Turnkey KYC Onboarding
    Our signature no-code solution allows you to go live in as little as 15 minutes, with zero engineering effort required. Perfect for fast deployments or businesses without internal technical teams.

With these options, KYC Solution™ ensures fast, cost-effective, and reliable integration, regardless of your infrastructure or scale.

Verify Customer- Confirm whether customers identity is true . Check Financial Crimes- Stop money laundering, fraud, and terrorist acts. Alleviate Risk- Estimate and control associated risks of dealing with any given client. Regulatory Requirements-Ensure adherence to laws and regulations and so on.
Customer compliance entails the process of verifying that clients adhere to rules and guidelines established by a business or an industry. This may necessitate confirming the identity of a client. The goal is to reduce financial crimes, protect the company and comply with the regulations.
KYC Solution offers customer risk assessment, identity checkup, complaisance control and third-party risk control. Existing functions are electronic document verification, video/selfie verification,& manual backend intervention to fulfill legal requirements in several sectors.
AML regulations in Europe verify the identities of their clients, scrutinize all transactions including reporting of any suspicious activity. EU AML directives mandate comprehensive risk assessments, due diligence & close cooperation across nations to combat money laundering & terrorist financing.
Studies show that businesses with strong anti-money laundering (AML) programs experience up to 80% lesser financial frauds, which prove its effectiveness against illicit financial systems.
KYC Wishlist screenings are used to find and take care of risky individuals or entities; for instance, those who are sanctioned or on watch lists. This way, you can protect your business name from being ruin, hence avoiding any financial crimes & also ensuring that all relevant laws are adhered to.