Reporting & Analytics
Track KYC
The Track KYC service by KYC Solutions is the complete answer to efficient and accurate customer onboarding. By utilizing advanced technology, we automate the collection and verification of your KYC data, as we continue to monitor it. This ensures that we comply and avoid the risks associated with fraud. Our highly advanced algorithms are designed in such a way that they simplify identity verification and document verification processes as well as sanctions screening, thus giving you the chance to spend your resources more wisely.
Manual KYC process can hold you back. According to a Thomson Reuters survey automating KYC processes, financial institutions can cut onboarding periods by 50%. Accenture further pointed out that an incredible 80 % reduction of KYC compliance costs can be achieved through automation. This can be attained through KYC Solutions’ Track KYC service offering similar benefits that drive up efficiency leading to enhanced profits for your organization. Try automation to manage your own KYC process effectively.
KYC Check Status
The Track KYC service of KYC Solutions does not only simplify your KYC process, but also gives up-to-date status reports on your KYC checks. Our dashboard is easy to understand; as a result, you can easily monitor how far along your KYC data verification process has gone and this ensures transparency as well as quick identification for any possible hurdles. Through Track KYC, you can take control in customer onboarding for better satisfaction and this means there are fewer delays.
Speed becomes critical in the digital era we are living in today. It is not frequent that online users leave their applications behind simply because the applicant process was too long. Avoid losing customers with late onboarding through following real-time status updates from. Track KYC hence offer them an uninterrupted flow of service. With our wide array of detailed KYC reports, it is possible to make out particular patterns among your clients while determining potential threats for business and developing informed strategies.
Frequently Asked Questions
When conducting an identity verification for a customer under the “verified” status of KYC, the meaning is that such customer’s identity and other details have been successfully authenticated in compliance. This helps prevent fraud and makes sure everyone follows the rules.
1. Visit website or mobile app of your financial institution.
2. Look for a KYC section or account verification section.
3. Enter your details, like customer ID or account number.
4. Submit the information to see your KYC status.