MALI: Know Your Customer Efforts Strengthened with Advanced Verification Tools

The Importance of Customer Identification

In a bid to bolster compliance and prevent financial fraud, banks and FinTech companies in Mali are increasingly adopting advanced verification tools to know their customers better. The importance of customer identification has become a top priority for financial institutions, as they strive to meet regulatory requirements and avoid hefty fines.

Advanced Verification Tools: The Solution

To achieve this, many organizations are turning to AuthentiScan, a cutting-edge software solution that enables swift and accurate ID document verification. With over 6,500 verified ID documents, AuthentiScan boasts an impressive accuracy rate of 98.6%. The tool is:

GDPR-compliant
ISO-certified
Meets anti-money-laundering (AML) compliance requirements

Benefits of Using AuthentiScan

The solution’s high accuracy has been praised by French public authorities, who have entrusted AuthentiScan with their document verification needs. With its robust database, strong relationships with government organizations, and expert helpdesk support, AuthentiScan provides a comprehensive solution for banks and FinTech companies to verify customer identities.

Training and Support

Moreover, the company offers training sessions for employees on document verification, ensuring that financial institutions can effectively utilize the software to prevent fraud and maintain compliance. The ISO 9001- and ISO 27001-certified company is committed to delivering:

Quality
Security
Continuous improvement of its solutions

Conclusion

As Mali’s financial landscape continues to evolve, the adoption of advanced verification tools like AuthentiScan is likely to play a crucial role in ensuring compliance and preventing financial fraud. With its proven track record and commitment to excellence, the software solution is poised to help banks and FinTech companies in Mali strengthen their KYC efforts and build trust with customers.