The Importance of Transaction Monitoring and SAR-STR Filing for Anti-Money Laundering Compliances
Contents Why is Transaction Monitoring Important? AML Transaction Moni...
Outperforming the Competition
The most comprehensive solutions available today
IDMERIT’s global verification solutions are more sophisticated than the competition. We offer identification of individuals and businesses in real-time with the least amount of friction. Our products stand out because they are fully automated, support multiple languages, and offer the widest coverage internationally.
Complete Solutions to Worldwide Fraud, Risk, and Verification
IDMERIT is your most comprehensive source of official global data with direct partnerships in 240+ countries and territories. Our model, IDMkyX, is designed to protect your business at scale by encompassing all security and verification needs as you focus on expanding. Although our solutions are available individually, we've tailored a combination of services into a waterfall model, ensuring that you are covered with end-to-end solutions.
Introducing IDMkyX
Delivering on our vision of fighting fraud and creating trust
IDMERIT provides a suite of products and services designed to help its customers prevent fraud, mitigate risk, meet regulatory compliance and deliver frictionless user experiences. We are committed to the ongoing development of the next generation of cost-effective and comprehensive global identity verification solutions.
IDMkyc
Global Identity Verification Solutions
Verify personal and business identities around the world in 175+ countries & 440+ data sources.
- Frictionless Onboarding
- KYC Checks for Compliance
- Highest Match Rates
- 5+ Billion People
IDMscan
Authenticate, Scan, and Assure Presence
Remotely scan a Government ID & facial biometrics to confirm identity.
- SDK (iOS/Android) & Webapp
- Liveness Detection and Face Match
- Validate in Less than 30 Seconds
- Deep Fake & Forgery Detection
IDMaml
Identify Bad Actors with Anti-Money Laundering Solutions
Screens global PEP, watchlists, sanctions lists, and adverse media to minimize the risk of money laundering and fraud.
- Ongoing Monitoring & Risk Screening
- Transaction Monitoring for Suspicious Behavior
- 13+ Million Red Flagged Profiles
- Effortless API Integration
IDMdevice
Advanced Device Fingerprinting to Detect Fraud
Uncover signs of potential fraud through a device’s setup and how information is accessed.
- Real-Time Device Fraud Prevention and Risk Insights
- Detect Links Between Risky Devices & Suspicious Accounts
- Discover Risky Individuals Based on Device Behavior
- Identify Risk and Reduce False Positives
IDMtrust
Assess an Individual´s Fraud Risk
Make trustworthy customer approvals by calculating an individual’s level of risk.
- Fight Fraud Using a Combination of Email, Phone & IP Data Points
- Identify and Block Stolen or Fake Identities
- Assess Risk Score Based on Email Maturity
- Seamless API Integration with SSL Protection
IDMlive
Live Agent Verification of Personal Identity
Authenticate IDs and verify an individual´s presence through a live agent.
- Secured & Trusted Customer Onboarding with a Live Agent
- Accepts Multiple Forms of ID
- Multi-Language Support
- Maintain Regulatory Compliance (KYC, GDPR, AML)
IDMkyb
Know Your Business Globally
Real-time solutions to identify and verify 330+ million businesses.
- Global Coverage in 140+ Jurisdictions
- Live Access to Official Business Registries
- Frictionless Verification of Corporate Identity Data
- Automated Single API for Global Checks
IDMconnect
Verify Identity with Telecom & Utility Providers
Direct access to 2300+ utility providers in 40+ countries to quickly verify an individual's identity.
- Speed up your Onboarding Process
- Expand your Verification Process
- Remotely Verify People in Difficult Areas
- 100% Household Coverage
IDMsocial
Verify Identity Data Using Social Media Accounts
Use 20+ social media and messenger platforms to gather identity data and heighten your KYC checks.
- Global Data from 20+ Social Media Platforms
- Access User Avatar, Bio, and Profile
- Near Real-Time REST API
- Confirms User Location
Integration for All Industries
Banking and Finance
Branchless banking has become the new norm, meaning remote onboarding and identity verification are critical to any bank's success.
- Streamline your onboarding process to ensure the customer's experience is seamless.
- An impressive suite of identity verification solutions is designed to capture and verify all, including the individuals that are usually missed by our competitors, as well as speed up the customer form-filling process.
Healthcare
For hospitals, pharmacies, and laboratories, protecting patient privacy requires heavy regulation of patient data through compliance standards such as HIPAA within the USA.
- Create a frictionless process from customer onboarding to securing data throughout the customer's lifecycle, whichever country they may be in.
- Implement a seamless identity verification system that will minimize payment delays, prevent identity theft, lower collection costs, and reduce claim denials.
Cryptocurrency
Properly securing corporate cryptocurrency involves creating an impenetrable security wall, proactively monitoring all transactions to assess risk, and screening all activity for compliance.
- Our Identity verification solutions for Crypto Exchanges make regulatory compliance frictionless and effortless.
- Establish the best practices of KYC, AML, fraud prevention, and due diligence to quickly identify bad actors.
Border Security and Customs
In this interconnected world, it is more important than ever that all governments dealing with border security properly verify every individual's identity thoroughly and efficiently.
- Incorporate Biometric Technologies to boost effectiveness, decrease labor for border agents, and make traveler screening 10x faster.
- Automated scan and verification of identity documents like passports, driver’s licenses, and national IDs for forgery detection.
Fintech
Proper identity verification is critical to offering the right financial solutions. Whether you're working with customers or businesses, it is important that you Know Your Customer (KYC) to prevent financial crime.
- IDMERIT offers the regulatory technology necessary to help meet financial compliance rules and regulations.
- Our tech will easily automate and digitize your Know Your Customer (KYC) and Anti-Money Laundering (AML) processes.
Retail and eCommerce
In today's day and age, eCommerce is the norm. Ensure that you and your customers are well protected while staying ahead of the competition by streamlining your process and avoiding delays or friction during checkout.
- Decrease the risk of payment fraud with IDMERIT's full suite of identity verification solutions to mitigate risk.
- Safeguard your payments to ensure that your customers feel safe to shop and that your brand is trustworthy.
Age-Restricted Commerce
As age-restricted commerce continues to grow, it is important to have proper identity verification tools in place to protect your business from fraudulent activity by minors and adults alike.
- Reduce liabilities and maintain compliance with our full suite of identity verification solutions that integrate through a simple API.
- Get peace of mind and meet COPPA and GDPR with IDMkyc.
Insurance
Whether you're in healthcare, life, auto, property, or casualty insurance, it is critical to stay vigilant of customer identity fraud. Protect your business and minimize risk to reduce overhead costs and protect your customers.
- Streamline your process by quickly verifying an individual's identity and reviewing their risk score before making them a customer.
- Check 5+ billion peoples' identities around the world so you can focus on growing your business without borders.
Online Gaming
As the online gaming industry continues to grow year after year, it is important to keep your security and identity verification protocols to date. Preventing minors from accessing age-restricted video games is a top priority for online gaming sites.
- Streamline your process your entire process from new client onboarding to credit card payment processing and age-restricted content accessing.
- Easily maintain regulatory compliance as you continue to grow your online presence.
Telecommunications
As telecommunication continues to boom as an industry, it is important to incorporate frictionless identity verification and risk management while your business expands globally.
- We deliver an automated suite of new subscriber verification tools that can be deployed quickly and seamlessly across your organization during the onboarding process.
- Our solutions are cost-effective, low risks, and highly efficient allowing you global access to expand without creating greater risk.
Comprehensive Suite of Solutions
Identity Verification
Frictionless remote identity verification is essential to growing your business.
- Access a suite of advanced identity verification solutions from KYC, AML, Document Verification, biometric facial recognition to live agent verification.
- Reduce false positives and achieve higher match rates through our direct relationships with official data sources globally.
Anti-Money Laundering
Combat financial crime quickly and easily by identifying high-risk applicants and effortlessly managing them.
- Meet your regulatory needs with end-to-end AML solutions to prevent and expose risky behavior.
- Screen global watchlists, sanctions lists, adverse media, PEP, etc., and identify suspicious activity on different severity levels.
Know Your Customer
Verify anyone, anytime, anywhere with global access to 5+ billion people in 240+ countries and territories.
- KYC 2+2 verification gives you extra assurance knowing that your customers are whom they say they are.
- Access 580+ ID types to effortlessly verify people in even the most difficult countries.
Fraud, Risk & Compliance
Protect your business from a wide variety of identity fraud, data breaches, and non-compliance fines.
- Proactively anticipate fraudulent activity before it happens with our IDMkyx waterfall approach.
- Prevent litigation or fines and maintain anti-fraud compliance with a proactive approach.
Age Verification
Protect your business by properly verifying the age of your customers and visitors to identify and block underage consumers.
- Protect our youth with live KYC that seamlessly integrates through our API.
- Maintain company reputation by providing a safe customer experience and prevent legal and financial liabilities.
Behavior Monitoring
Maintain your customer due diligence by monitoring and mitigating suspicious behavior with a variety of different behavior biometrics to provide a multi-layered approach to increase security.
- Different types of behavior biometrics include keystroke dynamics, hand tremors, voice recognition, hand-eye coordination, and signature analysis.
- Prevent identity theft with safe biometric data, encrypted and gathered during the verification process.
Customer Onboarding
Quick and secure customer onboarding is critical to a successful customer experience and keeping your business safe by avoiding identity fraud.
- Increase company revenue with one platform that offers many solutions from enhancing customer service to flagging risky prospects.
- Prevent financial crime and maintain compliance with easy-to-use KYC and AML solutions.
PEP & OFAC
Ensure that your organization is safe and not doing business with risky people or businesses on OFAC and PEP watchlists.
- Stay updated with continuous PEP screenings of individuals that your business onboards.
- Avoid penalties for OFAC non-compliance that lead to KYC and AML violations.
We Take Security and Privacy Seriously
IDMERIT 4 Pillars of Protection
1Data Protection
Sensitive data is encrypted during transmission via TLS/SSL and at rest via AES-256
2Access Security
System access is allowed for credentialed users only, and remote access to production systems requires multi-factor authentication. Our data access policies adhere to ISO 27001 and SOC2 requirements.
3Physical Security
The IDMERIT platform is hosted securely on the Amazon Web Server
4Regulatory Compliance
IDMERIT is GDPR, HIPAA, and CCPA compliant and we are active on Privacy Shield
Regulatory Compliance
IDMERIT is GDPR, HIPAA, and CCPA compliant and we are active on Privacy Shield
5 Billion People
580+ ID Types
240 Countries & Territories
330 Million Businesses
Grow Your Business with IDMERIT
Global Partners Network
