VerifiMe for
Legal Practitioners
Verify identities and minimise privacy risks to safeguard individuals and your business from fraudulent activities.
Achieve organisational AML-CTF compliance objectives with our customisable rules engine, empowering your clients to remain in control of managing their identity.
Why VerifiMe?
Verifying clients is an important step for legal practitioners to meet professional obligations. With VerifiMe, your clients can use a digital identity wallet to provide verified credentials across multiple service providers. Clients can comply with your rules, empowering you to manage KYC (Know Your Customer) processes effectively. Furthermore, you avoid handling personally identifiable information reducing the potential risk of a data breach to your business.
✅ Shareable
Pre-approved identity or document assessment which can then be reused instantaneously, wherever, whenever and without the need to pull out personally identifiable information and supporting documentation every time.
✅ PII Management Risk Reduced
Service Providers achieve compliance requirements without needing exposure to the underlying customers personal identifiable information.
✅ Full Policy Compliance
The system empowers service providers by offering tailored rules that can be customised to match their compliance policies 100%. Furthermore, it fully automates assessments helping to mitigate risk.
✅ Eliminate Identity Fraud
Once an identity is claimed and verified across the network the opportunity for rogue actors utilising even sophisticated deep fake techniques is greatly minimised and potential for fraud reduced. Our machine learning and developed AI detects new entrants using the credentials of an established wallet.
✅ Improved User Experience
No matter their location, clients can easily and securely grant permission, or give consent, for their verified state to be used by a service provider. This seamless process respects the sanctity of the client’s identity, offering an improved user experience.
✅ Lower Costs
VerifiMe offers a centralised system for client updates, benefiting all parties involved. Coupled with automated compliance assessments, this system not only lowers the cost of compliance but also eliminates duplication, saving service providers both time and money. With VerifiMe, there are no lock-in contracts or set monthly fees. You only pay when a client grants permission for their verified state to be used per your rules.
Get started in 3 steps
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1. Configure your rules
We set-up your client console. You configure your compliance rules and any templates for assessment e.g. proof of ownership document.
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2. Onboard with ease
Begin inviting customers to use VerifiMe. Anyone from individuals to complex family trusts or super funds. Do this directly from the client console or by integrating access to VerifiMe into your current online process.
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3. Access real-time understanding
Review customers on boarded in real time, understand assessments triggered and residual risk outcomes that may need to be resolved. Add notes to assess for enhanced due diligence and record interactions for future reporting.
Customer controlled compliance made easy with VerifiMe
Book a demo today to see how VerifiMe can transform your compliance requirements.