AI for Finance 2022

Stand number : N21

Rapid and steady digitization is on the way. Fraud and security have become priorities for many industries, particularly sectors prone to fraud and money laundering. To prevent these growing threatening risks, the European AML-CFT (anti-money laundering and counter terrorism financing) regulations impose strict rules and require companies to comply with onboarding processes (KYC) in which remote identity verification plays a prominent role. How can companies balance meeting regulatory compliance and guaranteeing a simple and smooth online experience for their new clients at the same time? ARIADNEXT by IDnow assists companies and governments in building instant trusting relationships with clients and citizens, meeting AML-CFT requirements while focusing on customer experience and digital transformation. It develops digital solutions for customer onboarding: · digital identity · remote identity verification · document security seals · digital signature