Digital Member Onboarding (KYC/CIP)
Open accounts online with identity verified and your CIP evidence kept
Suits: Community lenders.
Why it fits
Opening an account is where financial inclusion starts, and where a small credit union carries the same Customer Identification Program duties as a large bank.
What it does for you
People apply for an account online or on a phone: they scan an identity document, take a selfie for a liveness check and answer the due-diligence questions your program requires. Anything that does not clear goes to a person on your staff, and each application keeps its evidence for your BSA officer and examiners.
Good to know before you apply
- Some applicants cannot complete document capture or a liveness check, for example because of their device, document type or a disability. Your procedures should provide another way to open an account, and the product supports routing them to staff.
- It does not replace your BSA officer's judgment. Decision rules are set and approved by your institution, and the product applies them as configured.
- It is designed for US CIP and due-diligence requirements. Onboarding in other countries may need different documents, checks and disclosures.
- Where it runs
- Hosted and operated by Moraph in the United States region. United Kingdom and Australia regions are available for institutions outside the US.
- What it keeps
- Application, CIP check, Exception, Beneficial owner
From the product page and documentation. The full list of what it does and does not do is on the product page.
Apply for Access with Digital Member Onboarding (KYC/CIP) Product page on moraph.com for Digital Member Onboarding (KYC/CIP) Documentation for Digital Member Onboarding (KYC/CIP)