Automate KYC, AML and banking operations procedures
Start with a KYC, KYB or AML review below, or bring your own procedure and Verkflo turns it into a reviewed, versioned agent.
Included in each use case
Runs record their version
Each run records the exact version of the procedure it followed, and old versions stay readable.
Reviews where your rules say
Runs pause for a named person at the points your procedure sets, and the decision is logged.
A hash-chained audit log
Each entry carries the hash of the one before it. Verifying the log recomputes the chain and flags entries that no longer match.
Good places to start
Procedures that map cleanly onto a first agent.
-
KYC onboarding reviewCheck documents, screen the applicant and apply your risk rules, with a reviewer where the procedure asks.
-
Sanctions screeningScreen counterparties before the first payment and send each possible match to a person.
-
Periodic KYC reviewFind the reviews that are due by risk rating, refresh the file and route changes to a reviewer.
-
Chargebacks and disputesGather the cardholder's claim and the transaction data, map it to your scheme rules and queue the proposal for an analyst.
-
Credit file checkCompare the application with the credit file, apply your flags and route differences to an underwriter.
AML & compliance
Onboarding, screening and monitoring work that follows your procedures.
-
KYC onboarding reviewCheck documents, screen the applicant and apply your risk rules, with a reviewer where the procedure asks.
-
KYB and beneficial ownershipMap owners and controllers above your threshold, screen each one and flag gaps for a reviewer.
-
Sanctions screeningScreen counterparties before the first payment and send each possible match to a person.
-
PEP and adverse media reviewCompare each PEP or adverse media hit with the customer file and put the evidence in front of a reviewer.
-
Periodic KYC reviewFind the reviews that are due by risk rating, refresh the file and route changes to a reviewer.
-
Transaction monitoring alert triageGather the alert, customer profile and history, apply your disposition rules and route what needs a person.
-
Fraud alert triageCollect the device, account and transaction context for each fraud alert and put a decision in front of an analyst.
Cards
Disputes and limit reviews, with the evidence gathered for the reviewer.
Lending & credit
File and application checks before an underwriter opens the case.
Operations
Vendor checks, complaints and account closures, run from your written procedure.
-
Vendor due diligenceCheck each new vendor's papers, screen the company and its owners and flag gaps for a person.
-
Complaints triageCategorize each complaint on arrival, apply your response timelines and route sensitive cases to a person.
-
Account closure reviewCheck each closure request against your list of holds, open items and alerts before anyone closes the account.
Have a procedure that is not listed?
Bring it to a demo and we'll show it running as an agent, with each step logged.
Book a demo