KYC & AML Compliance platform

With real-time technology that combats fraud and bankruptcy, Creditro Comply ensures that you are constantly updated on AML and your KYC.

Compliance can be easy

Fight financial crime, stay AML/KYC compliant with Creditro Comply - and spend time on clients instead of on spreadsheets.

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Save valuable time

Customers chose us because we know that customer satisfaction is essential. Creditro Comply is a user-friendly system that makes it easy and smooth for your customers to upload their ID, reminding them if they are missing information and always ensuring that their data is safe. We take care of your customers as if they were our own.

More than 350 companies have made the secure choice

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Efficient and accurate

  • Reduce your workload with up to 95%

  • Automatic notification when customer data changes

  • One easy-to-monitor dashboard

  • Customer Due Diligence (KYC/AML) in one platform

  • Delivers full KYC-reports that meets requirements in Denmark and the EU

Secure

  • Risk assessment about terror financing and fraud

  • Fraud and bankruptcy warnings and guiding risk assessments

  • Monitoring and updating client data in near real-time.

  • Intelligent algorithms; collecting all the data

  • Entire audit trail and activity logs on all activities

  • Compliance with archiving and deletion of documents and data with GDPR- and AML-legislation

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Flexible

  • Plug-&-Play solution or customized solution

  • Integratable with various CRM- and Economy-solutions

  • Supports all business types

Gain time with your clients today

Creditro helps companies save time on tiresome KYC/AML processes and allows you to focus your clients - and your company.

Let us automate your KYC/AML workflow

Our Comply solution gives you a complete overview of customer risk scores, considers industry risks, and gives you both security and freedom, to focus on your clients and your business.

Let Creditro automate your work processes, get rid of dusty, outdated papers, and identify fraud and bankruptcy risks before it's too late.

What our clients say

“It helps us to feel more secure. We are sure that we have the documentation required to comply with the rules in terms of AML documentation.”

“It is significantly easier to onboard new customers. I have a checklist that I can follow. Much of the communication happens completely automatically,”

“We've improved a lot on our compliance, and we've also got some pretty cool credit reports on our customers for internal use, so that's an added bonus”

FAQ

Need clarification? Check the FAQ below.

What is KYC?

KYC stands for "Know Your Customer" and is part of the Money Laundering Act. The Money Laundering Act is, in its simplicity, about reducing economic crime and money laundering. KYC is a crucial concept here. It is a requirement that companies subject to the Money Laundering Act must get to know their customers to avoid everything from money laundering to you as a company not doing business with criminals.

The concept includes that you can document that you know your customer; This includes, among other things, control of identity and financial activities and identifying the risk posed by individual customers.

When you establish an effective KYC process, it helps to comply with the Money Laundering Act and to be able to secure an effective business model in your organization.

Read our article What is KYC? and quiz your colleagues.

What is KYB?

KYB stands for "Know Your Business." The KYB process is not much different from KYC. The difference, however, is that KYB is exclusively about customer knowledge of legal entities, colloquially "companies or organizations."

For companies in the financial sector, there are special requirements for KYB. For example, banks and audit firms must document their customers' identities, know the business scope and activities, and check where the funds for the company come from.

KYB at a company is a framework for which controls must be carried out to minimize the risks of, among other things, money laundering and financial crime. When you as a company carry out a KYB, you not only stay within the framework of the law but also help yourself to inspection reports. Through Creditro Comply, we make it easier for companies to keep track of customer documentation and ensure that all checks and workflows are followed.

In this way, we make it both time-saving for the companies to choose us and make the documentation work more efficiently to show that you are compliant with the requirements for KYB.

Learn more about KYB in this article: What is KYB?

What is the difference between AML and KYC?

KYC and AML are terms used in the financial sector regarding money laundering. However, the words have very different meanings and should not be confused.

AML means "Anti-Money Laundering". The term AML refers to i.e. laws, regulations, and directives that help to combat economic crime.

KYC means "Know Your Customer". This term characterizes the process when companies want to verify the identity and business scope of their potential or current customers.

The KYC process is one of the requirements set by the AML legislation.

Learn more about the difference in the article: The difference between AML and KYC?