Connecting Data To Power Wise Decisions
Know Your Customer Software
Your efforts to “know your customer” (KYC) go far beyond a process or program. It offers the best defense. Protect your firm while keeping regulators in your corner. Effective know your customer solutions help you stay ahead of evolving regulations while minimizing unnecessary risk. By bringing together comprehensive data from trusted sources, Whooster helps uncover critical information faster so you can make confident decisions. The result is a more efficient due diligence process that keeps business moving without compromising compliance. Whooster’s OWL technology and real-time data keeps due diligence on track and business moving forward.
Live Accurate Data
Faster Search Results
Comprehensive
Protect Profit and Stay in Compliance With Know Your Customer Software
Whooster brings together billions of public and private records in one place, quickly connecting you with the information you need. Our know your customer solutions help organizations streamline identity verification, strengthen due diligence, and reduce fraud while supporting compliance efforts across multiple industries. You can be confident you're complying with stringent Know-Your-Customer (KYC), Know-Your-Vendor (KYV), Anti-Money-Laundering (AML), counter-terrorist financing, anti-bribery, anti-corruption, and personal data protection regulations. With comprehensive data and faster access to critical information, your team can make smarter decisions while keeping compliance workflows efficient.
Whooster Data Can Help
Real-Time & Historical
Public & Private Data Sources
Our proprietary data fusion technology, powered by the Owl Intelligence platform, integrates public and open-source intelligence (OSINT) data with private data sources to deliver up-to-date, reliable, and actionable information.
Know Your Customer solutions are quickly becoming a requirement across various industries and verticals
Know-Your-Customer/Vendor (KYC, KYV) compliance is becoming a practice that many industries and businesses will soon have to implement for themselves, not just those in the finance sector. KYC verification is about ensuring that your customers are actually who they say they are and giving them access to the services or products they need. This is completed in various ways; when a prospective customer applies for a new account, a KYC check can be as basic as asking for proof of address or supplementary identity documents. This verification is about ensuring that your customers are who they say they are and providing them with the services or products they need.
While KYC is especially relevant for financial and banking services and related sectors like insurance, real estate, and trading, KYC requirements are increasingly becoming necessary for almost all online transactions.
Newer industries such as online gaming and live streaming, cannabis-related businesses, and retail and e-commerce have seen a significant uptick in fraud and now need KYC to help mitigate these attacks.
Know Your Customer Solutions Checklist
A strong KYC strategy starts with the right technology. Whooster brings together the data and intelligence organizations need to verify customers, reduce risk, and simplify compliance. Here are the key capabilities to look for in effective know your customer solutions.
Identify Verification (IDV)
- Verify customer identities using government-issued IDs, passports, or driver’s licenses. Advanced verification methods, including selfie and liveness detection, help confirm the person presenting the document is legitimate.
Document Verification
- Authenticate uploaded documents like proof of address, business registrations, and supporting records using OCR technology and fraud detection tools to identify altered or counterfeit documents.
Sanctions & Watchlist Screening
- Screen customers against OFAC sanctions, politically exposed persons (PEPs), global watchlists, and other restricted party databases to identify potential compliance risks before onboarding.
Risk Scoring & Customer Due Diligence (CDD)
- Automatically assess customer risk using factors like geography, industry, ownership structure, transaction activity, and historical data to determine the appropriate level of due diligence.
AML Integration
Support broader Anti-Money Laundering (AML) programs by connecting KYC workflows with transaction monitoring, suspicious activity detection, and compliance processes.
Business & Entity Verification (BEV)
Verify business registrations, beneficial ownership (UBOs), licensing information, and corporate records to confidently onboard business customers and vendors.
Enhanced Due Diligence (EDD)
- Conduct deeper investigations for higher-risk customers, businesses, or transactions by gathering additional documentation, ownership information, and adverse media results.
Ongoing Monitoring
- Monitor customers beyond initial onboarding by continuously checking for sanctions updates, adverse media, changes in ownership, suspicious behavior, or other emerging risks.
Compliance & Reporting
Maintain detailed audit trails, reporting dashboards, and documentation that simplify regulatory reporting and help demonstrate compliance during audits.
Fast, Frictionless Onboarding
Balance strong security with a streamlined customer experience by reducing manual reviews and accelerating verification, helping legitimate customers get started faster while minimizing abandonment.
Whooster Data Delivery Methods
Whooster Web UI
Whooster Data Via SMS
Integrations & API
Whooster Web UI
Whooster searches are available through any browser on any desktop/laptop computer, tablet, or smartphone.
Whooster Web UI
Whooster searches are available through any browser on any desktop/laptop computer, tablet, or smartphone.
Whooster SMS/Text
If you have a text-enabled device, you can send a text query and get a response in as little as seven seconds
Whooster Direct Connect
Access Whooster’s Real-time investigative data via API using our proprietary linking and matching technology integrated into your proprietary software. Use Whooster Direct Connect to sync directly with our Data Fusion engine. Gain Whooster on-demand delivery of accurate data on your own platform.
Know Your Customer Software FAQs
Access Whooster’s Real-time investigative data via API using our proprietary linking and matching technology integrated into your proprietary software. Use Whooster Direct Connect to sync directly with our Data Fusion engine. Gain Whooster on-demand delivery of accurate data on your own platform.
What “alternative data” does Whooster use to verify thin-file or underbanked customers?
When traditional credit bureau data or standard public records are insufficient, Whooster utilizes alternative data points to establish identity and assess risk. This includes cross-referencing phone data, social media footprints, asset ownership, real estate records, and dark web data to verify individuals who lack a deep financial footprint.
Can Whooster’s KYC software be used to make credit, employment, or tenant screening decisions?
No. Whooster is not a Consumer Reporting Agency (CRA), and our services do not constitute “consumer reports” under the Fair Credit Reporting Act (FCRA). By law, Whooster data cannot be used in whole or in part to determine an individual’s eligibility for personal credit, employment, insurance, tenant screening, or any other purpose governed by the FCRA.
Where does Whooster retrieve its KYC data, and how often is it updated?
Our proprietary Owl Intelligence Platform leverages multi-source data fusion to continuously bridge the gap between disparate data sets. We pull from billions of active records across public databases, historical court files, utility listings, property assets, and proprietary private sources. Using real time and historical data, we ensure you are not relying on stale or outdated information.
Does your know your customer software support batch searching for high-volume onboarding?
Yes. Through the Whooster Web UI, users can perform single, flex, or batch searches depending on their operational scale. Batch searching allows you to upload and process high-volume identity lists simultaneously. If you integrate via our API, you can automate these batch verifications directly within your onboarding workflows.
Whooster Data is powered by the OWL Intelligence Platform
The OWL Intelligence Platform takes disparate data and converts it into actionable intelligence.
Data intelligence takes a lot of time. It’s a lot of work to find data sets, analyze them, and visualize them. And even if you’re lucky enough to find the right data set, it’s still a pain to work with. With OWL, it’s as easy as connecting your databases, apps, and spreadsheets to make easy data visualizations to understand and communicate. Then share and analyze your insights, allowing you to act on them immediately.