Monday, January 24, 2022

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HooYu: Expands KYC offering with open banking identity

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
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