Use cases

With CoorpID, both banks, financial institutions and corporate multi national organizations can reduce repetitive manual tasks, avoid errors, save time, and cut costs. See what our clients are saying about using CoorpID.

How ING is using CoorpID

Banks and other financial institutions have been designated as ‘gatekeepers’ in the fight against money laundering and terrorist financing. Consequently, they must know exactly who they are doing business with. ‘Know Your Customer’ (KYC) has become a legal requirement. Banks are obliged to perform an extensive investigation into their customers, the Customer Due Diligence (CDD) before entering into a relationship with a customer and during this relationship…

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We are happy to announce that CoorpID is now part of Encompass Corporation, the global provider of real-time digital Know Your Customer (KYC) profiles. To explain how this acquisition fits CoorpID's strategy, see the video message of our CEO, Job den Hamer and the press release.