Identitii is bridging the gap between the increasing demand from regulators and customers for more information on financial transactions, and the legacy technology systems that make it difficult to identify and share that information.
Regulatory compliance today
80% of data used by financial institutions is unstructured, and spread across legacy technology systems, making it difficult to trust that you have a complete picture
- No single source of truth across systems and formats
- Fragmented systems that don't communicate
- Data sharing via unsecure email, spreadsheet and fax
- Structured and unstructured data
- Transaction and customer data sits in silos
- Manual processes, chasing clients for documentation
How do we do it
For AUSTRAC reporting
Automate how you identify reportable and non-reportable transactions, and create a single, auditable view of regulatory obligations.
For payment remediation
Have the right transaction information to reduce settlement delays and ensure financial crime compliance. Automate information requests.
Standardise AML and KYC requirements and improve financial crime compliance maturity between correspondent / respondent banks.
News and Insights
x15ventures Invests in Identitii Subsidiary, Payble
CBA New Digital Businesses (x15ventures) invests $150,000 to
accelerate the launch of Payble
Identitii Receives U.S. Patent Approval
Identitii has received U.S. patent approval for its secure financial information sharing ecosystem
Identitii Raises $4 Million
Identitii has received binding commitments to raise a total of $4.015 million via an oversubscribed placement to sophisticated and institutional investors.
Identitii Begins First Project with Mastercard
Overlay+ to enable secure sharing of financial crime compliance information within Mastercard’s cross-border payments network
