Horizon8 has launched a digital identity platform and mobile application, valid8Me, that transforms customer onboarding and KYC document sourcing challenge for regulated companies across such industries as accountancy, legal, funds, asset management, banking, insurance and real estate.
“Horizon8 are thrilled to introduce valid8Me to businesses and consumers,” managing director Patrick Horgan said. “Our team is very excited as valid8Me is a transformational approach that has had a fantastic reaction from the market in being able to overcome the historical challenges widely experienced in complying with KYC and AML regulations for all stakeholders.”
Early adopters of the valid8Me platform span numerous sectors in advisory, accountancy, funds, real estate and legal. valid8Me is designed to meet the needs for all stakeholders involved in the KYC process, including:
- Retail customers can now store, share, trace and manage their KYC information from one digital vault app on their phone. valid8Me allows for instant, secure and intuitive connections with all businesses. By giving customers the power to protect, release and revoke access to their KYC data, valid8Me is a universal identity key. See the retail customer video here.
- For corporate customers (both SMEs and Enterprise level), valid8Me is intuitive and can instantly capture the often complex relationships within businesses by allowing connections with company directors and capturing the complexities associated with corporate ownership structures. valid8Me provides full transparency and traceability regarding who is accessing corporate information and that of authorized representatives and directors, enabling businesses to only have to maintain one instance of their KYC documents. See the corporate customer video here.
- Onboarding companies who need to comply with AML regulations can now access KYC documents dramatically quicker, leverage document forensics controls to better help identify fraudulent customers, whilst enabling a frictionless onboarding and due diligence experience for all their good customers. The platform meets the end-to-end customer onboarding needs using their risk rating, risk assessment and workflow functionality, while allowing for seamless integration with existing systems (e.g. CRM’s) and trusted external data providers. Facilitating customers to freely share KYC documents for all their business relationships ensures that the ongoing overhead of refreshing customer documentation is significantly reduced. See the customer onboarding video for businesses here.
Download the valid8Me app from the Apple App store here.
Download the valid8Me app from the Google Play store here.
To find out more about valid8Me, click here to register for upcoming webinars introducing the valid8Me approach.
