HooYu: Expands KYC offering with open banking identity
- HooYu integrated open banking into its KYC and customer onboarding platform to provide greater customer identity
- The journey so that a user can prove identity or affordability by logging into their bank account during a KYC process
- Clients can now easily orchestrate open banking alongside a wide range of KYC services such as liveness detection
- During the Bank Connect journey, the user simply logs into their bank account and consents to sharing identity
- Bank Connect will provide identity data, account overview data, transaction information, and card information
- Clients can choose to take the raw data can provide an affordability report classifying gambling spend
