Solution

The ID-Pal platform was rolled out as BCP’s digital client onboarding solution across their financial advisor network, for AML purposes.

Using the ID-Pal App and Portal gave the company access to the following benefits:

• Network of brokers able to onboard customers quickly and easily, by either:
  • Efficiently onboarding customers in-person anytime, anywhere using the Business App
  • Sending the Customer App to customers so they can complete the onboarding process at their own convenience
• Customer identity documentation is captured in minutes using the app
• Identity information is securely submitted directly to the BCP head office
• In the portal, the submission is thoroughly verified and authenticated using a suite of industry-leading technologies that include:
  • Liveness Check: Motion detection and facial gesture recognition prevents identity fraud
  • Facial Comparison: 50-point biometric facial match
  • Document Verification: Up to 75-point check to ensure against tampering or forgery
  • Video Analysis: Additional checks via video analysis of identity documents

• BCP head office uses the ID-Pal portal to verify and approve the submission in seconds
• A comprehensive Customer Due Diligence report is generated with key customer identity information. This CDD report is securely saved and can be viewed 24/7.