AML + Biometric KYC
Here you’ll find product guides to assist in using your CCH iFirm AML cloud software.
Last update: CCH IFirm AML
AML Data and the AML + Biometric KYC Example Report: Detailed Explanation
This document provides an in-depth overview of the CCH iFirm AML Data Check and CCH iFirm AML + Biometric KYC checks, including a sample report format. It outlines the pass requirements (2 positive and 2 negative dataset matches), search logic, potential reasons for failing a check, and common failure scenarios. The document emphasizes the distinction between positive and negative datasets, explains the importance of accurate data entry, and addresses questions regarding verification agency scopes, especially for international clients. Additionally, a new "Review" status for ambiguous checks will be introduced in February 2025
CCH IFirm AML
How to run CCH iFirm AML + Biometric KYC checks and viewing the report
CCH iFirm AML + Biometric KYC checks provide a comprehensive service to verify individuals through biometric selfies and multiple data sources at onboarding and throughout the client lifecycle. This process includes validating identity using trusted data, detecting risks such as PEPs and sanctions, and ensuring the authenticity of ID documents. The system streamlines data by syncing with CCH Central, allowing bulk client verification and automated reminders for expired checks. Additionally, it features detailed reporting on verification results, including checks for document tampering and liveness during the verification process.