KYC and GDPR compliance

Full KYC in one system

Give your customers a professional first hand impression

Automate and streamline your processes and save time and money

Comply with Anti-Money Laundering regulation and GDPR

For law firms, private equity funds, leasing companies, payment institutions, accountants, banks…

Verify, check and manage data securely

With our Software-as-a-Service, NewBanking Identity, you get a complete solution that on the one hand gives your compliance team the admin tool they need to automatically verify, check and monitor new and existing customers, as well as make risk assessments and reports to the supervisory authorities, and on the other hand a customer portal where your customers follow a tailored onboarding flow and can easily and securely share their sensitive data with you.

Save up to 92% time on onboarding and reduce manual errors

Tailored

Tailored risk assessment, onboarding flows and selection of data sources, to match your specific client and matter types.

Automated

Automated collection of data from relevant sources: Global PEP, Sanction and Adverse media scans, Global ID verification, Liveliness scans, Source of funds, Company registers.

Unique

Unique - An easier and more GDPR compliant way to access, re-verify and share client data with third parties.

Bech-Bruun: Clients can now share relevant data in minutes

“We like to take an active part in making compliance more efficient and supporting the need for privacy at its core. The NewBanking Identity system addressed all of this. Clients can now share relevant data in minutes, with customer satisfaction and feedback.”

Martin Riber Povlsen
CFO, Bech Bruun

DFDS collected data from 4.500 employees from 22 different nationalities

“We needed a compliance and identity tool to securely collect personal information from all our 4.500 employers from 21 different nationalities. NewBanking Identity solves this seamlessly and effortlessly with a simple integration on our website.”

Jens Jakob Hjorth-Hartmann
Legal Counsel HR, DFDS

Scale Capital onboards global investors with NewBanking Identity...

“We use NewBanking Identity for onboarding investors from around the world. The solution lends us a mechanism and process, as well as storage of information, but above all it provides us a peace of mind that we are protecting our investors' data.”

Lars Jensen
Managing partner, Scale Capital

Why Polaris Private Equity is satisfied with NewBanking Identity...

“We needed one system to help us handle the increasing regulatory framework when onboarding new investors and keeping track of the existing. Our focus is to be compliant at all times with both AML and GDPR. We chose NewBanking Identity as a key component and has been very satisfied with the system as it meets our needs.”

Lene Møller Rønfeldt
CFO, Polaris Private Equity

Audit ready at any time

“We scanned the market for a system to handle the increasing regulatory framework with an efficient and client-centric onboarding process. Our main concern was to be audit ready at all times, with all data interactions readily presentable. After assessing the market, we chose NewBanking Identity, who readily adapted to our requirements as their first law firm customer and became a key component for us”

Majken Korsgaard
Partner and Owner, Danders & More

Automated KYC procedures

“The whole process of handling sensitive customer data is a demanding task internally and can be a source of irritation for the clients. NewBanking enables our members to automate their KYC procedures to quickly and securely collect, verify and manage customer data in a compliant manner while creating value for their clients.”

Steen Hermansen
Head of Digitisation, The Association of Danish Law Firms