KYC waterfall · Real-time
Stop paying for KYC on data that was never going to pass
Screen each application for bad data and warning signs before you pay for deeper identity verification. Spend less on KYC that was never going to pass, and give your team fewer avoidable reviews.
Every application you send to KYC is billed, whether it passes or not. Provero checks each one first, so the applications that should be stopped or reviewed never reach the expensive step. It works in front of the KYC provider you already use.
- Finds bad records before KYC
- Real-time at onboarding
- Works with your existing KYC provider
Bad applications are spending your verification budget
Every application that reaches identity verification costs the same. The genuine customer, the mistyped form, the under-age applicant and the applicant using someone else's details are all billed.
Many of those failures were visible before the check ran. A phone number that does not work. Details that do not fit together. An age that does not fit the offer.
Each one that slips through also lands on someone's desk. Your team spends its day on reviews a screen would have avoided, while genuine customers wait.
Where the money goes
- KYC fees on applications that fail for obvious reasons.
- Analyst hours on reviews a screen would have avoided.
- Losses from applications that should have been stopped earlier.
- Genuine customers delayed while queues clear.
What Provero looks for in each application
Provero examines every application on its own merits before it goes any further.
Contact details that do not work
A phone number that is not in service. If you cannot reach the applicant, you should not be paying to verify them.
Details that do not fit together
A name, date of birth and address that look fine one by one but do not make sense as one real person.
An identity that does not match its phone number
A mobile number that belongs to someone other than the person applying.
Age that does not fit
A stated age that does not match the information behind the application, or an applicant outside the age the offer requires.
Warning signs worth a closer look
A number that has very recently moved to a new SIM, or a number whose type and history do not fit the applicant. Reasons to stop or review before further spend.
Provero can also expose suspicious patterns across incoming applications, such as recycled identity data arriving from the same source. It gives your fraud team an earlier warning on top of the screen on each application.
How the screen works
- 1
An application arrives
Your onboarding flow sends it to Provero as it is submitted.
- 2
Provero finds the bad data and warning signs
Each application comes back ready to progress, stop or review.
- 3
Suitable applications progress
They go on to deeper identity verification, with your existing provider or through Provero.
- 4
The rest stop before the spend
No further verification spend on records that should have been stopped or reviewed earlier.
Works with your existing KYC provider
You do not have to replace anything. Provero sits at the front of your onboarding, in front of the KYC provider you already use.
Your provider receives fewer, better applications. You keep the contract, the integration and the process behind it, and stop paying to verify records that were never going to pass.
What changes for your onboarding
Less wasted KYC spend
Applications that were never going to pass stop before the verification fee.
Fewer avoidable manual reviews
Your analysts spend their time on the cases that need judgement.
Better information before you progress
Every application that reaches verification arrives with context, so you decide on more than a match result.
Faster decisions for genuine customers
Clean applications move straight on, without waiting behind avoidable problems.
Who it's for
Lenders and credit providers
Screen loan and card applications before paying for identity checks.
Fintechs and payment firms
Keep onboarding fast and costs under control as application volumes grow.
Gambling operators
Screen new accounts before verification, with age built into the screen.
Identity and fraud teams
Put a low-cost screen in front of the verification you already run.
When it runs
The screen fits your risk appetite. You decide what stops and what goes to review.
- Real-time
- Each application is screened as it is submitted. Genuine customers move straight on.
- Bulk
- Screen an existing customer book or a backlog of applications and find the records worth re-verifying.
Why Provero
-
More context in each decision
Phone, identity, age and submission signals come back together, so an application is judged on the full picture, not a single match result.
-
One supplier, not several
Screening and deeper identity verification are available through one API and one account. No separate supplier to source, contract and integrate for each check.
-
Fast and resilient enough for live onboarding
Built for real-time use with multiple layers of redundancy, so the screen never becomes the slow or fragile step.
What customers say
“We tested Provero as an additional layer for our KYC data provenance due diligence and the outcome reports were very insightful. We could identify data that was part of a legacy breach, data that existed on national suppression files along with detailed phone and email validation flags. Really impressive solution and would recommend to anyone onboarding new data or to check existing datasets. It enabled us at Dataxcel to make informed decisions especially around compliance.”
Pricing
Screening an application costs far less than verifying it, and is paid from one prepaid balance. Identity verification is quoted on your volumes. New accounts get free credits to test on real data.
KYC waterfall FAQ
How much will it save us?
Do we have to replace our KYC provider?
Will it turn away genuine customers?
Where is applicant data processed?
How is this different from Eligibility screening?
See how many applications you could stop before KYC
Run a free check on a sample record now, with no sign-up. Then create an account and screen a batch of your own past applications.