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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Upon encountering a new user, it can be challenging to determine whether they are genuine or a potential fraudster using a counterfeit identity. To mitigate the risk of identity fraud, Identiq has established a Peer-to-Peer network that assesses new users through the experiences and trust levels of existing network members. This innovative approach ensures that the initial interaction with a new user is informed by prior trust, established through the collective, providerless agreement of those who are already familiar with the individual. This process introduces Fully Anonymous Identity Resolution, a reliable cryptographic system that enables network members to confirm that their data aligns with that of others in the network while maintaining complete confidentiality. As a result, no organization gains insight into the identity of the user or the entity posing the inquiry, thereby safeguarding privacy on all fronts. This groundbreaking method not only enhances security but also fosters a community of trust among users.

Description

Raytio serves as a comprehensive online solution for identity verification, designed to simplify compliance with anti-money laundering regulations while ensuring that the process of onboarding new clients or reviewing existing ones is quick, precise, and secure. This innovative platform effectively automates the tedious compliance responsibilities faced by professionals such as accountants, lawyers, and real estate agents during Customer Due Diligence (CDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) processes. By swiftly validating a client's identity against a broad spectrum of authoritative databases, Raytio not only facilitates smoother client onboarding but also keeps information up to date, which in turn alleviates the stress associated with audits and enhances the user experience for clients. The system minimizes the risk of human error through accelerated automated checks against lists of fraudsters, blacklists, politically exposed persons (PEPs), and sanctions, ultimately leading to improved onboarding efficiency. A streamlined onboarding process translates directly into an enhanced customer experience, significantly boosting conversion rates for businesses. Furthermore, Raytio's user-friendly design ensures that both clients and professionals can navigate the verification process with ease, fostering trust and reliability in every transaction.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$50 per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Identiq

Founded

2018

Country

Israel

Website

www.identiq.com

Vendor Details

Company Name

Raytio

Founded

2018

Country

New Zealand

Website

www.rayt.io

Product Features

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

KYC

Alternatives

Alternatives