At a London’s annual Wealth Adviser Award Ceremony the Channel Island’s fintech business, KYCme, won the Wealth Adviser digital magazine award for “Most Innovative Product”. The awards were determined by the votes of Wealth Adviser’s readers, who include wealth managers, IFA’s, fund managers, family offices, law firms, accountancy firms and other industry professionals.
KYCme have developed a unique web based platform that allows the secure electronic storage and exchange of independently certified documentation. This can be used for the authentication of documentation for anti-money laundering, personal identification purpose and other documentary verification purposes.
The KYCme platform’s technological innovation enables operational efficiencies for the Finance Industry with their client acceptance processes and this has been recognised as ground breaking. Dominique Carpentier of KYCme in Guernsey said “It is great news to see the Channel Island’s fintech profile being raised internationally. KYcme offers a way for Channel Islands businesses to take the lead and to be smarter, more secure and competitive in their pursuit and on-boarding of an increasingly global client base.”
Jeremy Johnson, the co-founder and Jersey based director noted that “as we expand we aim to build up a network of approved certifiers in different jurisdictions worldwide thereby relieving clients from undertaking their own vetting process. The saving in non-chargeable will be considerable”
KYCme has been developed to benefit anyone needing to digitally store and share identification information in a secure manner. This is of huge benefit to government agencies and businesses especially those in the regulated financial services sector. In addition individuals benefit by avoiding the frustration of supplying reams of paperwork when identifying themselves.