30% of new customer onboarding is delayed due to KYC/AML verification. Compliance reviews cost $500K+ annually for a mid-sized bank.
Streamline KYC and AML compliance with automated customer verification
Automate identity document verification, sanctions screening, and beneficial-ownership checks. Process passports, utility bills, and corporate filings with audit-ready evidence trails.
4 minaverage KYC verification time per customer
92%auto-approval rate (vs. 45% manual)
18%reduction in false-positive screening alerts
99.7%accuracy of face-matching verification
.// The Challenge
The challenge
Financial institutions must verify customer identity, conduct sanctions screening, and assess money laundering risk (KYC/AML). Manual verification is slow and expensive. Customers abandon onboarding when verification takes days. False positives from automated screening require manual review, creating bottlenecks. Compliance staff audit procedures to ensure regulatory adherence (GDPR, FCPA, FinCEN). Verification data is scattered across multiple systems, creating audit gaps.
.// The Solution
How assistents solves it
assistents KYC/AML agent conducts customer verification via video call or document upload. The agent captures identity documents (passport, driver’s license), performs face-matching against documents, and conducts sanctions screening against OFAC, EU, and local lists. Risk assessment is automated based on customer profile, transaction patterns, and country risk. Integration with banks’ core systems ensures all verification data is logged for audit. Real-time screening results enable instant approval or escalation.
Vision Agent
Analyzes ID documents, performs face-matching, detects document forgery, captures biometric data
Active
Data Analyst Agent
Performs sanctions screening, assesses AML risk, flags PEPs and high-risk jurisdictions
Active
Workflow Agent
Routes alerts for manual review, logs all verification steps, generates compliance reports
Active
.// How It Works
How it works
Initiate verification
Customer starts onboarding. Agent requests identity documents and conducts video call.
Capture documents
Customer uploads passport or driver’s license. Agent analyzes document for authenticity and data accuracy.
Perform face match
Agent conducts live video face-matching against document photo. Biometric data is captured for audit.
Sanctions screening
Agent screens customer name and DOB against OFAC, UN, EU, and local sanctions lists.
Risk assessment & approval
Agent computes AML risk score. Low-risk customers are auto-approved. High-risk cases escalate for manual review.
.// Measurable Outcomes
Measurable outcomes
average KYC verification time per customer4 min
auto-approval rate (vs. 45% manual)92%
reduction in false-positive screening alerts18%
accuracy of face-matching verification99.7%
.// Get Started
Ready to see this in action?
Schedule a personalized demo to see how assistents’s AI agents can solve this challenge for your organization.