KYC Hub Reviews, Running Projects, Clients & Founder Details

KYC Hub is a multi award winning SaaS platform that enables organizations to mitigate the risk of financial crime and reduce costs by an automated and configurable risk ops infrastructure and better data insights. Our RPA-powered  workflow engine enables onboarding and due diligence workflows for any use case. Powered by hundreds of AI-enabled verifications and our proprietary knowledge graph of individuals and entities, we empower organizations to tailor their onboarding and risk assessment and reduce costs, friction, and risk.

Every year, billions of dollars ($214bn in 2020) are spent on compliance, while fines continue to skyrocket. KYC Hub understands that each day customer drop-offs, false alerts, and poor risk assessment causes lost revenue, skyrocketing costs, and risk of fines. Our system enables balancing front office pressure with effectively protecting against fraud, and money laundering - in a highly configurable solution that empowers organizations to perform due diligence based on their use case and risk factors.

Our customer, a US-based investment management organization that provides traders with the tools to manage their assets successfully, wanted to streamline its regulatory obligations due to its rapid expansion so that it could provide an enhanced user experiences to its customers. 

They chose KYC Hub’s “Customer Due Diligence and Onboarding Workflow Automation” product to speed up their onboarding process while adhering to the most stringent FinCEN regulations. KYC Hub improved the onboarding process and reduced subsequent dropouts by providing the organization with an intuitive dashboard and customized workflow. A risk report was created at the end to make the process more robust and powerful. They were able to achieve their goal of faster onboarding of only trustworthy clients, which resulted in quicker response times and more customer satisfaction.