KYC-Center customers (Natural Person or Legal Entity) pass the verification procedure. If verification is successful, the customer is given a unique personal KYC-code. The KYC-code makes it possible for the customer to join online services of our business partners without identity re-verification at a business partner platform.
Business partner - is a legal entity connected to KYC-Center system. The business partner has an opportunity to send potential clients to pass the identity verification procedure at the KYC-Center with an aim to get KYC-code. Business partner has the right to verify authenticity of KYC-code provided by the client.
KYC-Center is a reliable business partner with European jurisdiction
KYC Center OÜ is a private limited company registered in the Commercial Register of the Republic of Estonia with registration number 14368850.
Main activity goal
Our goal is to develop KYC-Center in close cooperation with government bodies to ensure the highest level of confidence in the verification system.
COOPERATION WITH GOVERNMENT AUTHORITIES
We plan to actively cooperate and negotiate principles of work with the Estonian Financial Intelligence Unit , the Financial Supervision Authority and the Estonian Data Protection Inspectorate. The cooperation is aimed at ensuring that the KYC-code issued by KYC-Center is acceptable to all government institutions of the European Union and abroad and to obtain a quality product on the market of identification services. OÜ KYC Center received the status of Startup Estonia.
CUSTOMER VERIFICATION AND RISK ANALYSIS
KYC-Center carries out not only an identity verification, i.e. personal identification of the customer, but also a comprehensive analysis of the customer risk level. KYC-Center analyzes personal data of individuals and legal entities and determines their risk level: green, yellow or red.
CLEAR EUROPEAN JURISDICTION
Estonia is one of the leading European countries, supporting and developing information technology and web services at the highest state level. Estonia is well known in the European Union as an e-country with transparent and predictable legislation, with clear judiciary and taxation systems.
CUSTOMER DATA ARCHIVING
After issuing the KYC-code, all personal data of the customer (a copy of the passport, address, business occupation, contact details) are archived and become unavailable even for KYC-Center staff.
Our team members have a master’s degree and many years of experience at government agencies and European commercial banks and personal business experience.
The following professionals are developing the KYC-Center project: