GALAXKEY'S EKYC SOLUTION, POWERED BY YOTI

Galaxkey has teamed up with Yoti to solve the problem of both human error and security complacency.

With Galaxkey's eKYC solution, powered by Yoti, customers are reassured that your organisation takes fraud seriously and is investing in technology to keep their personal data safe. For businesses, Galaxkey eKYC ensures that all identity documents are properly verified to the highest acceptable standard.

Galaxkey's eKYC product offers a significantly more secure solution for both customers and businesses. It also speeds up the process, allows KYC checks to be completed remotely and lowers the risk of fraudulent transactions.

Yoti is a smartphone app that allows customers to upload their identity documents, which are then checked by a specialist team of experts at Yoti to confirm their authenticity. Once the information has been verified and validated, it's added to the user's account, and ready to be shared by the customer with anyone who needs to see it.

After the initial seven-day validation period, users' data is only accessible to the individual themselves – until they grant access to a third party.

The Yoti app is free of charge for customers. When paired with Galaxkey, Yoti enables us to make the KYC process simple, quick and secure.

Galaxkey requests KYC via an email that contains a QR code. By scanning the QR code on their smartphone, the recipient can then use the Yoti app to complete KYC.

This data is converted into a customisable report that is stored securely in your organisation's Galaxkey Workspace.

The user will receive a notification on their phone when the data has been sent.

All files held in the Galaxkey Secure Workspace are encrypted and only accessible to the intended recipients. In addition, all the identity documents are watermarked to prevent the misuse of individual data that is captured.

With Galaxkey's eKYC solution, powered by Yoti,

• Customers are reassured that your organisation takes fraud seriously and is investing in technology to keep their personal data safe.
• For businesses, Galaxkey eKYC ensures that all identity documents are properly verified to the highest acceptable standard.

If you want to learn more about how Galaxkey's eKYC solution can help your business meet compliance and reduce the risk of fraud and cybercrime, get in touch today.

mathew@comsuregroup.com

adam@comsuregroup.com

Source

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