We how are focused on giving a complete solution for identity and risk management, that is open-source and free.
For monetization, we have a few methods:
1. Aside from the ability to bring your own vendor and use us for free, we do offer a fast way to start verifying users by using vendors we have commercial agreements and pre-set integrations with.
2. Enterprise features common in other OSS companies.
This makes tons of sense. A solid KYC solution typically includes having a human in the loop at some point in the process. In Fintech, this can even include a zoom conversation to help with risk assessment.
Thanks! that was part of our motivation behind it.
you can read this blog post about KYC UX from our experience previously working together at a Neobank, by Nitzan who is leading the Product on this project:
https://vaulted-law-a70.notion.site/Creating-the-perfect-KYC...
The front end was the first part that we open-sourced and we are working to migrate the rest, we are planning to make a complete identity and risk stack a commodity.
Hey, thanks for the comment. you’re right, eKYC is definitely the future of identity verification and after building the basic identity stack, we plan to add eKYC methods like verification using only the phone numbers and ID numbers.
eKYC is not in a solution that is not globally supported though, yet.
Part of our vision is to standardize this data to allow companies to partner and “vouch” for verified users - so users won’t need to send their documents all over and by doing so we may reduce leakage exposure.
About the automation part, the flows are vendor agnostic and can be connected to any vendor. we are in the process of open-sourcing a backend where you can orchestrate IDV, Risk, Fraud, Document classification, and OCR vendors.
For monetization, we have a few methods: 1. Aside from the ability to bring your own vendor and use us for free, we do offer a fast way to start verifying users by using vendors we have commercial agreements and pre-set integrations with. 2. Enterprise features common in other OSS companies.