Moverly's AML/ID Process
What's Moverly's AML process?
When agents elect to use Moverly's AML process, applicants will be invited to complete their AML checks in a web based flow.
The process:
Agent confirms they’d like Moverly to do an AML check for an applicant and clicks ‘invite’
Applicant receives an SMS and email from Moverly, acting on the behalf of the agent
Applicants click on the Moverly link provided using their smart phone
They take a photo of a passport or driving license
They’ll be asked to take a selfie
Applicants will need to upload either a bank statement or a utility/mobile/council tax bill with their address visible for proof of address checks
Agents can then check the applicant's address on uploaded documents to ensure the address given matches - the client's address will also be cross referenced against a range of databases (including the electoral role)
We’ll check the applicant against a number of watchlist reports including PEPs and Sanctions
Agents receive confirmation of the status “clear” or “consider” for all applicants
The report is automatically saved in the Moverly dashboard (and, where relevant, filed in the integrated CRM’s document folders)
Please see here our video on the AML ID check process.
Here’s a more detailed overview of the checks Moverly does:
Document report
The Document report employs data integrity, visual authenticity and database record checks to verify identity passports, and driver’s licences. The report can also compare the data extracted from the document with data provided by the applicant as an additional way of identifying potential discrepancies and fraudulent documents.
Facial similarity report
Facial Similarity reports compare a live photo provided by an applicant during an identity verification flow to the face on their passports or driver’s licence. Facial Similarity reports are designed to prove identity document ownership, so that only the owner of the identity document can use it to verify their identity and access services.
Watchlist report
Watchlist reports verify an applicant’s records against a range of global watchlists, including:
Sanctions - government and international organisations’ sanctions lists
Politically Exposed Persons (PEPs) - proprietary database of PEPs sourced from government lists, websites and other media sources
Monitored Lists - law enforcement and regulatory bodies monitored lists (including terrorism, money laundering and most wanted lists)
Adverse Media - negative events reported by publicly and generally available media sources
Identity report
This report validates an applicant’s address, date of birth, name, and mortality (where applicable) by cross-referencing their details against a range of verified databases including credit agencies and avoiding them having to upload documents themselves. The report is typically used for “Know Your Customer” (KYC) purposes.
Recording and storing AML reports
Agents will receive an email covering all of the AML checks on the applicant and whether they're clear or there are cautions.
Moverly are unable to offer advice for specific cases, we ask that agents do their due diligence based on a cautious result.
This report will be stored in your Moverly document folder (and in the document folder of Moverly compatible CRMs).
If you need assistance, our friendly support team is always here to help. Simply click the yellow chat button on this page to chat with Mia, or submit a support form.