Umbrella Canopy is the all-in-one Know Your Customer (KYC) solution by IDCanopy. It brings together NN different components for the KYC that you need.
Combine multiple features to get the funcionality (or functionalities) that your company needs
Self KYC
KYC processes with active user participation
Photo Identification
A “bread and butter” of compliant online identification processes. Scan a valid ID, take a selfie and our system will compare biometric points in the selfie and the document to proof belongability. Our Photo Identification supports +5000 documents in +100 countries, and will run a forensic analysis of critial parts of the document to prevent the use of fraudulent IDs. All the process is performed in less than 30 seconds with a higher accuracy than that of a human operator!
NFC
Perform a quick reading of ID documents with NFC. A simple, yet powerful way of reading a document in -literally, just a couple of seconds! Just bring the ID close to the mobile phone and our software will verify the authenticity of the ID and fetch selected PII for the onboarding process.
QES instant issuing
This is a short description of how to issue a QES with IDCanopy and what is that (eIDAS)
Auto KYC
KYC processes that does not require user participation. They leverages advanced algorithms and data sources to verify indentities
2*2 KYC
A background process takes 2 pieces of Personal Identifiable Information (PII), like the name, address or date of birth from the user, and compares it against different trusted sources, like credit agencies or utility companies. If the information gets a match from 2 (or more) different sources, the user is verified. This method is compliant with AMLD directives.
Mobile Identification
Get access to Personal Identifiable Information (PII) from a global network of Mobile Operators with the conscent of the user. Use trusted information in a GDPR compliant way to onboard customers. Data is not necessarly stored, making it a perfect fit for single-use, quick processes.
Address Verification
Does the user actually lives in the Address he provided? Access a global network of trusted information providers to find out in an instant! Source of the information is provided for compliance purposes.
Using Umbrella Canopy
Use all the KYC features in Umbrella Canopy using API access. Generate modular user journeys and call them using API technology. Connect the power of Umbrella Canopy with your current systems!
Use our online platform to access all KYC features in Umbrella Canopy through a web browser, without any technical knowledge needed. Perform revisions or simply onboard customers in seconds!
Use Cases
Combine multiple features to get the funcionality (or functionalities) that your company needs
Bank Account Password Recovery
The Problem
Users often lose passwords, pins, and even devices containing sensitive information like fingerprints. Despite strides in minimizing in-person banking procedures, losing a password without a backup device authenticator means undergoing a complex, lengthy, and costly process for recovery.
The Solution
Envision an emergency process for your users! Allow them to proof their identity online in a secure, quick and simple way! Allow a photo identification process (with NFC reading when the document allow it), backed up by an address verification
Start the process directly from the phone through an Android or iOS App or through an web browser App. The process can also start from a desktop or any other device, and be performed in the mobile device with a QR code, e-mail, SMS, or others.
Scan the document. If the document has two sides, the UI will request to repeat the scan after scanning the front side (side with photo)
The system will detect the readability of the text and depending on the quality of the photo will allow the user to continue or suggest to re-take the picture.
Now the user is requested to take a selfie. Useful information can be displayed here.
The process will automatically open the camera when the user clicks “take a selfie”. In this step, liveness detection can be added to detect fraud attempts.
The process is finished! In this screen, which does not need to be part of the process, the user can visualize the personal identifiable information (PII) fetched during the process. Also the score of the biometric match and the liveness detection (if used). Before the process concludes, other Auto KYC features can be added, which require no user participation. For example, Mobile Identification can be used in the background with user permission to fetch and validate information not available in the ID document, like the Address.
This is an example of how an exit screen may look like. Now the user is onboarded in a compliant way, allowing to continue performing other online processes afterwards, like signing a contract, renting or buying a car, take out insurance, opening a bank account, recovering the password or access of a bank account, among many others!