Case Studies

Case Study Swissborg

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To help build a best-in-class onboarding flow that tackled their compliance and UX needs, SwissBorg partnered with Onfido to verify the IDs and Selfies of users registering for the Swissborg platform, as well as performing Watchlist checks. Finding a service that SwissBorg could trust and seamlessly integrate with, and use to satisfy KYC needs, was essential. Onfido came out on top for both criteria owing to our extensive experience with leading challenger banks, as well as our lightweight and easy-to-integrate SDK. The solution SwissBorg's mission is to become the world-leading wealth management ecosystem, powered by blockchain, by building a dedicated community of users while setting the standards for crypto projects across the industry. To achieve this, SwissBorg needs to balance strict regulatory needs with highly accessible service. SwissBorg's Wealth app is a game-changer for crypto investment and trading. Its Smart Engine connects to the biggest crypto exchanges in milliseconds to find the best prices available; with AI-powered market analysis, support for 10 local currencies, the ability to stake SwissBorg's own token (CHSB), and zero-free trading. As a licensed financial entity, SwissBorg is required to perform KYC checks. At the same time, SwissBorg must ensure they prevent users with ill intent from accessing their platform. Failure to do appropriate checks would cause a huge risk to SwissBorg—both from a reputational and financial point of view. For a digital-first business in an emerging industry, balancing compliance needs with customer experience could be the difference between winning market share and driving customers away. The challenge Invest in crypto assets, the Swiss way. SwissBorg is a trusted and accessible wealth management ecosystem powered by blockchain technology— putting wealth back in your hands. 65% for improved efficiency, driven by smart automation of customers verified without manual review building a KYC process that converts at scale to onboard a new customer 10minutes case study

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