KYC compliance bespoke solutions.
QGEN Group is an award-winning global player in regulated markets offering managed KYC and KYB services. Operating predominantly in the following verticals: Banking and Finance, iGaming and Payments Processing – we have the expertise and the technology to help you understand your customer and mitigate risks.
IDENTIFY CUSTOMERS … KEEP FRAUDSTERS AT BAY
Recognising fake players and fraudulent behaviour is critical to iGaming and Fintech operators. By incorporating manual and automatic verification checks within a sophisticated AI framework, we identify customers and prevent fraudsters from infiltrating your system. We provide cost-efficient KYB (Know Your Business) and KYC (Know Your Customer) managed services to ensure that your operations are compliant with the latest AML (anti-money laundering) directives – helping you identify customers while keeping fraudsters at bay.
Our end-to-end AML checks include:
We verify the identity of your clients during the onboarding process by utilising a multi-tiered approach to collect and compare that data against our international datasets.
Sanctions, PEPs & Media Screening
When processing your customer, we conduct Sanction, PEP (politically exposed persons), adverse media checks, by checking against thousands of watch-lists during onboarding and on an ongoing basis. Additionally, we offer false positive investigations to reduce your workload.
Proof Of Address
Our verification process enables you to authenticate your clients’ address through our AI-driven analysis of your customers’ digital footprint and the documentation provided by the client.
Source Of Funds
Anti-Money Laundering (AML) directives include source of fund checks. By cross-referencing documentation presented we ensure that the funds used are legitimate. Each transaction is checked against where the funds originate for NDCs (New Depositing Clients) and for recurring clients.
Source Of Wealth
In line with regulatory requirements, our source of wealth checks examine the origins of a customer’s wealth to provide a picture of how it was acquired.
Affordability assessments take your client’s incomings and outgoings into consideration to build a profile of their income and expenditure to provide an affordability check against a specific transaction(s).
KNOW YOUR CUSTOMER
Identify and verify your clients through our state-of-the-art documentation, age and ID verification system, designed to be precise and yet, flexible to adapt to the needs of international operators. By acting as an extension to your in-house compliance departments we create a frictionless onboarding process to enable faster conversions and mitigate client drop-off during acquisition.
KNOW YOUR BUSINESS
When onboarding business it is imperative that the credibility & legitimacy of a business is established. Our KYB operations identifies & verifies the various directors, shareholders & ultimate beneficial owners of a business to ensure the validity of a prospective business client.
Speed Up Onboarding
Improve Customer Experience
Minimise Abandonment Rates
WE OFFER A PERSONALISED SERVICE
We pride ourselves on offering a service that is tailor-made and designed exclusively to meet your specific needs. With physical offices in Malta servicing clients all over the globe, operating in various jurisdictions, QGEN’s personalised service offers:
Flexibility backed by reliability
7+ Million Verified Users
10s of Billions of Fraudulent Transactions Prevented