Seamless and Secure Financial Data Verification

Transform account and data authentication across banks, financial services companies, and payment providers using verifiable credential technology.

Indicio Proven™ Finance is a complete verifiable credential solution for banks, financial services companies, and payment providers, that provides seamless account and data authentication and reusable credentials to meet know-your-customer (KYC), know-your-business (KYB), and Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulations.

Why use Indicio Proven for financial services?

Verifiable account information

Bank-issued verifiable credentials allow financial institutions to directly verify account holder information without the account holder having to use logins or passwords or share personal data. Banks can be sure they are interacting with real customers, retailers can be confident they are interacting with real account holders, and customers can be confident that they alone control their account data and information and who they share it with.

KYC, KYB, AML Credential

Customers expect their financial data to be seamless, accessible, and easily portable, which means the information needs to be constantly available and have the ability to be verified as authentic. A verifiable credential allows banks and third-party financial services and fintech providers to reuse costly KYC, KYB, and AML processes to deliver fast verification, speed up complex, paper-based processes, and eliminate fraud, duplication, and error.

Seamless fraud protection

Any retailer or service provider can use a simple verifier app to  quickly and directly authenticate a bank account holder and verify their financial information to make payments simple.Account holders present the credential that was issued to them by their financial institution. Each interaction is encrypted and shared in such a way that it can only be received and understood by the intended recipient.

Powerful features drive digital transformation, benefit customers

  • Avoid direct integrations with other systems
  • Verify data continuously, even when offline
  • Reuse and share costly KYC, KYB, and AML vetting
  • Make the customer journey easier on you and them
  • Create governance for complex data flows
  • Permission data sharing between customers, partners, & third parties
  • Eliminate error with customer consent to pre-fill forms 
  • Deploy zero-trust security at scale

Learn more about the power of verifiable credentials for new kinds of business, products, and services built on a foundation of immediately actionable, verifiable data.

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APIs have transformed business by providing a quick and easy way to allow completely different applications to interact with each other to share data. Learn how DIDComm takes this and makes it available—with better functionality—to everyone.

Verifiable Credentials Digitally Transform Banking, Finance, and Payments

Interoperable, open-source verifiable credential technology simplifies KYC, KYB, and AML processes and enables seamless, secure financial transactions for anything from anywhere with anyone, delivering the privacy and security needed for open banking to flourish.

Indicio makes it easy to integrate and implement open source verifiable credentials
to create your own Trusted Digital Ecosystem

Let’s chat...

Do you need a Trusted Digital Ecosystem to create actionable, verifiable data? Indicio can help you in your journey.

Contact us today and learn how you can get started with Indicio Proven!

Indicios open-source decentralized identity technology helps you avoid the complexity of direct integrations for data sharing, reduce costs and error, mitigate fraud, provide better and faster customer experiences,  and deliver the consent and privacy to make complying with data privacy regulation considerably easier.

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Indicio develops enterprise-class verifiable data solutions that optimize your existing systems, ensuring digital privacy, efficiency, and trust.

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