Know Your Customer (KYC)

Customer onboarding with instant ID scan technology

With property fraud on the increase and criminals finding more inventive ways to assume another person’s identity, you need confidence that your customer on boarding processes are robust enough to protect your business.

The Blinc KYC provides online identity checks that combine extensive data with powerful linking technology, delivering immediate results to help you know who you are dealing with.

• Instantly identify genuine customers

• Flag suspicious applications or transactions

• Image to text ID document scanning giving instant results

• Transaction property Land Registry ownership confirmation

• Maintain a full and paperless audit trail

• Document uploading and notes facility meaning all data can be held securely in one place

How do these checks benefit Letting Agents

Many letting agents engage in business (financial transactions) with landlords without doing any formal checks to confirm their identity of the ownership of the transaction property being let.

We estimate that over 75% of Letting Agents in the UK currently send tens of thousands of pounds to landlords each year without having carried out any due diligence whatsoever. Not holding a copy of their ID, or having confirmed that they even own the property that is being let.

Letting Agents face liability if they were to fall victim to property fraud and were unable to provide any evidence that they had carried out any level of due diligence in establishing that their client was in a position to let a property.

Anti-Money Laundering (AML)

AML checks with ID validation and Land Registry matching

Our AML checks have been developed to allow our clients to easily implement rigorous Anti-money laundering procedures with ease, checking more information than the majority of our competitors, and using the very highest level of technology, making the whole work flow smooth and easy to deploy to teams.

Our Mobile and Desktop web app has been built to easily scale, and allow for checks to be easily carried out in a few minutes during a face to face meeting. The system allows for your own in house documents, like risk assessment questionnaires to be uploaded and securely stored against the case, with full staff audit trail, notes and unlimited document upload you can now keep all of your AML compliance in one place.

Our checks have been tailored around the requirements of the property industry, so we have fully integrated Transaction property Land Registry confirmation into the work flow, so you can easily complete your AML checks, ID Validation and Transaction property ownership confirmation with a few clicks, in real time.

Our ID image to text scanning technology puts an end to manually entering MRZ numbers and the additional costs that comes from data entry errors, meaning you will only ever be charged once for the ID validation.

We believe that after having a demo of our system you will see that other AML services simply do not compare.