Lightstone’s KYC solutions help F&I Managers obtain and verify their customers’ identification in less than a minute during the onboarding process. It is also one of the star focus areas that F&I Managers, competing in the Lightstone Star Reacher F&I Awards programme, are measured on.

Lightstone, through the Signio portal, gives you two KYC options to choose from, catering for both in-person and virtual interactions:

What you can expect:

• End-to-end integrated technology providing solutions for both individuals (including digital onboarding and federated digital identity) and integrated compliance.
• Uses access portals (both institutional and regulatory),artificial intelligence validation, screening portals and third-party data integration.
• A single customer view and a “once FICA’d always FICA’d” capability.
• Adaptable solutions that are not limited by geographic borders.
• Technology integration that can be hosted in the cloud or locally, depending on your preferences.
• One of the most comprehensive identity proofing and verification platforms in the industry.

Features:

	ID image validation utilising HANIS (Home Affairs National Identity System).
	ID document validation and barcode scan.
	Proof of address (at source or loaded by the customer).
	KYC screening (PEP - Politically Exposed Person - and sanction/ enforcement checks, in addition to adverse media).

What you can expect:

• Curata provides protection against identity theft and eliminates fraud, it also allows for fast credit application processes.
• Curata creates a digital identity that can be verified against the National Population Register.
• It is fully POPI compliant as well as ISO 30170 PAD (Presentation Attack Detection) compliant.

Features:

	Digital identity application designed to allow clients to provide biometrically authenticated consent and to provide access to their personal identifying information (POID)
	The system uses a facial recognition matching process to verify a person’s identity including a biometric match against data held on the national population register.
	Provides accountable and financial institution’s complete confidence that all information provided to them by the applicant has been securely verified and that the person is who they say they are.

KYC solutions like Curata and Contactable are critical in combatting identity fraud. * https://www.itweb.co.za/content/WnxpE74YDGeMV8XL

Know Your Customer (KYC)

Contact your Lightstone Auto sales consultant or email info@lightstone.co.za