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Overview

The Fourthline Formula offers the most extensive set of KYC analyses in the industry. Select the level of verification that fits your business.

Financial institutions are increasingly pressured to know exactly who their customers are and to combat fraud and money laundering. Fourthline can fulfil the role of gatekeeper for every financial institution. We make KYC cheaper for banks, easier for their clients and safer for society.

The unique and comprehensive Fourthline Formula verifies the identity of thousands of new customers every day. Fourthline performs hundreds of checks on, amongst others, the ID document, biometric data, device data, whereabouts and global sanction lists. Onboard new customers with the most comprehensive level fo verification in less than 90 seconds. Other KYC providers provide 5x-10x longer handling times or significantly fewer checks at similar conversion levels.

Benefit from the only KYC provider licensed by regulators (both by the Dutch Central Bank and the Financial Conduct Authority). Our products are built in-house and locally compliant.

Key Features

  • ID Verification Verify 3,500+ documents using hundreds of AI analyzers and proprietary OCR/NFC technology, including hard documents. Extract personal details to avoid friction and verify documents as secondary ID.
  • Biometric Verification Use advanced 3D technology and facial recognition algorithms to match a selfie or short video to the ID document. Benefit from a four-eye review if AI doesn’t return conclusive results.
  • Database checks 500+ databases, incl. sanctions/watchlists, PEP, adverse media, police and country-specific databases. Identify hits and eliminate false positives through our proprietary software.
  • ID Authenticity perform a series of checks to establish whether a document is truly authentic. Leverage AI to localize and mark security features on a randomized basis with a full audit trail.
  • Device metadata Create data consistency checks by extracting and comparing visible and invisible data points including geolocation, device metadata and address.
  • Joint forces Collaborate on flagging money mules, professional ID fraudsters, and other high-risk sign-ups through the biggest European GDPR-compliant solution for financial institutions.
  • Second opinion Use highly trained fraud experts for a second opinion on thousands of automated checks. The human eye blocks fraudsters attempting to the algorithms.
  • Daily monitoring Catch recurring or colluding fraudsters through daily monitoring. Find overlapping data points and statistical anomalies with our enhanced Fraud and Profiling Investigations.

Key Benefits

  • Best-in-class fraud detection Catch 60% more fraudsters through sophisticated modules unique to Fourthline
  • Industry-leading compliance and conversion levels Onboard persons in 90 seconds, saving >80% in costs/time
  • Easy multi-channel integration Fourthline offers many integration options and our functionality can be extended with additional modules
  • Catch additional fraud Leverage AI to localize security features, highly accurate OCR for MRZ and VIZ, and true authenticity with security features
  • Unparalleled compliance and security Bank grade security and compliance, regulatory license in UK and NL, locally compliant with GDPR legislation