Encompass Launches Biometric Identity Verification for KYC

Know-your-customer (KYC) technology provider Encompass Corporation has announced the addition of global biometric identify verification (IDV) and document authentication to its platform.

According to Graeme Port, head of product at Encompass, the identity verification is one piece of the operational puzzle that customers have to solve as part of KYC. “We help them with a bunch of other operational problems, for example unpacking and understanding ownership of corporate customers; screening for