Name: KYCnow
Author: ClariLab

Help Desk

Web and Video Conferencing

Customer Support

Functional Testing

Virtual Reality

Development

Learning Management

Education

Business Intelligence (BI)

Case Management

Collaboration

Document Generation

File Sharing

Supply Chain Management

Workspace Planning

Enterprise

Accounting

CTRM

Digital Banking

Treasury Management

Finance and Accounting

ACA Compliance

Applicant Tracking

Corporate Learning Management

HR Compliance

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Business Internet Service Providers (ISPs)

Cloud Storage

Enterprise Printing

Fraud Detection

High Availability Cluster

Incident Response

Integration Platform as a Service (iPaaS)

Internet Security

IoT Security

Log Management

Message Oriented Middleware

Network Performance Monitoring

SOA Application Gateways

Sensitive Data Discovery

Unified Communications Monitoring

Vendor Risk Management

Information Technology

A/B Testing

AI Image Generation

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Journey Mapping

Demand Generation

Domain Registration Services

Email Marketing

Market Research

Marketing Automation

Mobile Marketing

Social Media Management

Survey & Forms Building

Technology Review

Video

Web Analytics

Marketing

Field Service Management

Project Management

Writing and Proofreading Tools

Professional Services

Customer Relationship Management (CRM)

Sales Content Management

Sales Performance Management

Sales

Cloud Security Posture Management

Secure Access Service Edge (SASE)

Security

Construction Management

Direct Secure Messaging

Membership Management

Online Voting

Real Estate

Text Analysis

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Priority Matrix

Appfluence

eMeetingsOnline

ReportsNow

Crowdtap

FastPIPE

FastEST, Inc.

AspenOne Supply Chain Management

Aspen Technology

Azurepath

Azurepath, LLC.

Screenful

Screenful Oy

Aras PLM

Aras Corporation

Frosmo

Frosmo Ltd

KYCnow, developed by ClariLab, is a platform that aims to streamline the Know Your Customer (KYC) process for banks and other obligated entities. According to the vendor, KYCnow ensures compliance with legal requirements and offers automation capabilities. It is designed to cater to businesses of various sizes and is used by professionals in the banking and insurance sectors, real estate agents, leasing and factoring companies, as well as those involved in business partner screening.

## Key Features

**Stammdaten und wirtschaftlich Berechtigte**: According to the vendor, KYCnow provides necessary master data and information on beneficial owners, including risk aspects such as industry or country. It incorporates data from non-profit companies and non-HR companies, and offers detailed information on legal representatives and beneficial owners, including identity verification.

**SCHUFA Voll-, Kompakt- und Kurzauskunft auf einen Blick**: The vendor states that KYCnow offers different levels of information depth depending on the specific business transaction. Users can choose between SCHUFA Kurz-, Kompakt-, and Vollauskunft to access the appropriate level of information.

**Automatisierter Transparenzregister-Prozess**: KYCnow aims to automate the process of integrating with the Transparency Register, saving time and effort. According to the vendor, it ensures compliance by automatically reconciling, reporting, and invoicing functions, while keeping up with any changes in the Transparency Register or legislation.

**Nachweisunterlagen – Dokumente öffentlichen Glaubens**: KYCnow allows users to access and analyze publicly certified documents related to a company, such as commercial register extracts, shareholder agreements, and shareholder lists.

**Compliance und Name-Screening**: According to the vendor, KYCnow conducts checks on all individuals involved in a company's network, including beneficial owners, relevant persons, and intermediate companies. It screens against international PEP (Politically Exposed Persons), sanctions, blacklists, and watchlists. Users can select individuals to be screened and review matches with information on hit rate, specific list, and held office.

**Media-Screening – Auffälligkeiten im Netz**: KYCnow conducts a search for a company's web presence, cross-checks with the imprint, evaluates articles and news, and verifies the online presence of beneficial owners. According to the vendor, this feature supports risk assessment and reputation damage prevention.

**Verflechtungsgraph – Darstellung der Eigentümer- und Unternehmensstruktur**: KYCnow aims to analyze and present both upward and downward company linkages, including shareholdings according to the shareholder list. It displays intermediate companies and allows easy transfer of unknown companies from the linkage graph to a separate record.

**AFC-Index**: According to the vendor, this feature provides information on the category in which the customer currently falls and will move in terms of due diligence obligations. It determines whether enhanced due diligence or general due diligence is required based on the AFC-Index, allowing each financial institution to choose its risk appetite and risk rating.

**Automatisches Befüllen von Unternehmensdaten**: KYCnow aims to gather all information about business customers, including SCHUFA, Bundesanzeiger, or commercial register data. It also collects customer documents, which can be securely uploaded online by the customer if necessary.

**Online-Verifizierung des Vertretungsberechtigten**: This feature allows customers to view and edit their company data through the associated application process. According to the vendor, it offers online verification to prove the identity of the authorized representative and includes KYC questions for the customer without any effort from the user.

Plaid in San Francisco offers a suite of applications supporting banks with risk management and customer account management features. Plaid is used by digital financial apps and services like Betterment, Expensify, Microsoft and Venmo, and by banks to make it easier for consumers to connect their financial accounts with the apps and services they want to use. Plaid connects with over 11,000 financial institutions across the U.S, Canada and Europe.

Test

Launch

Scale

Plaid

Ondato

KYCnow

Anti-Money Laundering (AML)

ClariLab

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Home

Anti-Money Laundering (AML) Software

KYCnow

Overview

What is KYCnow?