• AU10TIX: AU10TIX is a comprehensive KYC and IDV provider with an advertised focus on solutions for payments, crypto, and telco. Products include its IDV suite, serial fraud monitoring, and orchestration platform.
  
  
• ComplyAdvantage: ComplyAdvantage is a risk intelligence platform with a focus on financial services, including banking, insurance, and payments. Its flagship product is Mesh, which includes customer screening, company screening, and ongoing monitoring.
  
  
• Feedzai: Feedzai offers products for IDV, fraud management and scam prevention, and KYC, including advertised solutions for retail, corporate, and commercial banks, payment service providers, and government with its RiskOps platform.
  
  
• FinScan: FinScan is an AML compliance vendor offering KYC and risk management products, in addition to compliance advisory services and data quality assessments. Solutions extend to a range of industries.
  
  
• Jumio: Jumio combines IDV and risk scoring during onboarding, ongoing monitoring and lifecycle risk management, orchestration, and analytics. It specifically advertises document analytics, biometrics, and behavioral analytics.
  
  
• LSEG: Also known as the London Stock Exchange Group, LSEG provides broad sets of data and financial markets infrastructure. Its KYC service, World-Check, is part of LSEG’s data and analytics solutions formerly known as Refinitiv and acquired by LSEG in 2021.
  
  
• LexisNexis: LexisNexis is a large supplier of legal solutions, news, and business insights for law firms, corporations, and government, and risk solutions for companies and government agencies that need data for fraud and identity, among other risk categories.
  
  
• Microblink: Microblink emphasizes its IDV features standalone and as part of its platform and includes KYC screening as part of the Microblink Platform. Use cases are framed as part of computer vision capabilities and extend beyond identity solutions.
  
  
• Mitek Systems: Mitek, which has been well-known for remote deposit capture software and check fraud management, also offers identity verification and biometric authentication products and services with customizable workflows.
  
  
• NICE Actimize: Actimize, which NICE acquired in 2007, is now the company’s brand for financial crime management software (solutions and industries served by NICE are much broader). The KYC solution handles screening and due diligence and ongoing monitoring.
  
  
• Ondato: Ondoto, which was founded in 2018, is a relatively narrow provider of KYC and KYB solutions, a customer data platform, and via partners, transaction monitoring. Features include photo-based identity verification.
  
  
• Onfido (Entrust): Onfido, which Entrust acquired in 2024, offers its Verification Suite product, which includes document and biometric verification, screening, and behavior-based fraud detection.
  
  
• Shufti: Shufti, which was founded in 2016, provides IDV, KYC, and KYB products, and transaction screening, and is marketed as a “complete AML monitoring service” for financial services, gaming, and ecommerce.
  
  
• Thomson Reuters: Thomson Reuters is a supplier of data and information related to legal, tax, and accounting, supply chain issues, and fraud management. CLEAR is part of the company’s risk, fraud, and investigations solutions.
  
  
• Trulioo: Trulioo offers its Global Identity Platform, which includes IDV, business verification, and watchlist screening, and is designed to work with onboarding workflows via API. It has a strong focus on financial services, including banking.
  
  

What to look for in KYC platforms

• Fundamental KYC/due diligence: Screening for watchlists, PEP, adverse media, and enforcement data based on extensive sources of information.
  
  
• Data supply: Pre-built integrations with KYC data providers and completeness of data sets.
  
  
• Automated IDV: Straight-though identity verification based on automated document ingestion and similarity and liveness checks.
  
  
• Perpetual KYC: Built-in recurring identity screening for existing customers based on new data. Also referred to as lifecycle management.
  
  
• Rule management: Ability to create decisioning workflows and route for manual review based on no- or low-code interfaces and templates that can be customized.
  
  
• Other features: Ability to also handle KYB; offers a customer data platform; authentication features, or transaction monitoring.
  
  
• Emerging threat detection: Ability to screen for synthetic identities (KYC) and deepfakes (IDV).
  
  
• Industry expertise: Availability of solutions designed specifically for banks and credit unions and depth of experience with the industry.
  
  

CCG Catalyst’s Sector Spotlights highlight third-party solutions, products, and the companies that offer them. They provide a snapshot of the latest innovations, trends, and key players within the financial services industry.