The Invenna KYC platform

We discuss the capabilities of our KYC platform and the advantages
of having a comprehensive customer view.

Monitoring customer payment behavior and detecting potential money laundering transactions has become increasingly important. Alarming statistics underscore this necessity: in 2020 alone, the Netherlands reported 722,000 unusual payments to the Financial Intelligence Unit (FIU Netherlands), while Belgium reported 28,649 cases, with 17,678 (55.93%) coming from credit institutions. Given the advancements in transaction monitoring, it's likely that these figures represent only a fraction of the actual number of suspicious transactions. Therefore, establishing a solid foundation is essential.

To effectively understand who you are doing business with, having a comprehensive customer view is more important than ever. This means knowing your customers in detail, keeping track of all transactions and behaviors, and continuously monitoring them to make informed decisions at every stage, from underwriting to ongoing monitoring.

The Invenna KYC platform lets you consolidate all your customer and transaction data into one unique and complete customer view. This comprehensive view allows you to streamline transaction monitoring, remediation, and alerting processes. This leads to more efficient handling of alerts, reduced false positives, and automatic generation of an audit trail.

In this free brochure, we discuss the platform's features and the benefits of working with a unique and complete customer view and provide additional content to inspire you further. Download it now: