Identify potential fraud risks
Verify identity of customers
Demonstrate due diligence to your customers
Maximise data quality
Use our Know Your Customer solutions to comply with Bacs scheme rules for payments.
BankVal Enhanced is a ‘Know Your Customer’ application. Use BankVal for KYC compliance, to improve the quality of the payments data that you gather online, and to prevent fraud.
Eliminate errors in payments data at the point of entry to your organisation, ensuring that Direct Debits and payments work as they should, saving you time and money.