Transactional Platforms and Digital Processes

Optimize your KYC and KYB compliance with Luminess

From initial contact to periodic checks, a smooth, secure and compliant KYC and KYB process

The KYC process: an essential obligation

KYC, a painful process

KYC analysis is one of the main components of control AML-CFT. It is an effective but restrictive device: a time-consuming information gathering, long validation times with an impact on theclient experience, non-compliance costs important, complex process for businesses... 

Added to this is a constantly evolving regulations which requires regular updating of procedures.

Luminess, your ally for compliance

Luminess guarantees you regulatory compliance with a efficient and automatable identity verification process for individuals and legal entities, thanks to its Know Your Business (KYB) solution.

 

 

 

 

 

 

KYC and KYB compliance made simpler and faster

An innovative solution to automate and secure your processes

 

Intelligent Document Processing at the service of your processes

Our solution intervenes at all stages, fromentry into relation to remediation through periodic monitoring and allows the management of the collection and verification processes of natural and legal persons. 

Thanks to technologies ofIntelligent Document Processing and our business expertise, KYB by Luminess guarantees reliable, rapid verification that complies with regulatory requirements in order to gain operational efficiency: 

  • Collection and verification of completeness of automated files;
  • Data extraction and document validation (identity documents, proof of address, KBIS, company statutes, etc.);
  • Audit trail to ensure compliance;
  • Optimized user experience thanks to smooth and secure digital onboarding.

  

Complete services

KYB by Luminess allows you to retrieve documents and process data affiliated to secure the business relationship with a natural person or a legal entity. Our platform is based on 3 essential building blocks :

  • A "regulatory" brick composed of a library of KYC and KYB documents already configured according to the type of third party or legal form to be controlled. This database can be supplemented with specific documents as needed; 
  • A "diagnostic" brick to ensure the completeness of files by soliciting third parties or using external databases;
  • A "control" brick to control and consolidate data using automated Luminess services or external databases.

A complete turnkey offer

Services throughout your process

Our KYB platform is composed of different services (connection to external databases, solicitation of third parties, deposit portal, traceability of controls, reporting, etc.) in order to improve your customers' compliance according to your needs : 

  • Remediation : build your remediation campaign via a diagnosis of your customer document base and define the desired level of communication and the degree of priority of the files to be processed;
  • Getting in touch : improve the user experience of your new customers by reducing processing times;
  • Periodic inspection : carry out a compliance audit of your customers, on a recurring basis throughout the duration of your business relationship.

 

 

Off-the-shelf services

Our solution gives you greater autonomy thanks to a multitude of technologies and services : completeness analysis, automatic document classification, information extraction, artificial intelligence, human guarantee...

 

datasheet

To find out more about our KYB solution, you can download our product sheet.

Download datasheet
Luminess accompanies you

Why consult us ?

Verified expertise in compliance and documentary control

Experts in data management and digital transformation, we automate KYC and corporate compliance

A hybrid approach

We combine several technologies (AI, Machine Learning, NLP, etc.) and human guarantee for a platform adapted to your needs

A flexible and customizable platform

To orchestrate and digitize all of your KYC processes (entry into relationship, remediation, periodic control) for individuals and legal entities

A sovereign and certified company

Own data centers Mayenne and Laval and certified solutions (SecNumCloud, ISO 27001, NF461, NF544, HDS, RGPD...)

KYB in a few figures

0

million

of documents processed with the IDP Luminess Data Capture solution, included in the KYB 

0

million

of files processed by the KYB Luminess platform

70%

 

Maximum remediation rate for our banking and insurance clients according to their needs