Customer due diligence for the Philippines
How can Onfido help?
On our path towards becoming a digital-first bank, Onfido has been an invaluable partner, helping UnionBank of the Philippines to leverage the power of digital identity verification and move closer towards achieving our goal of providing seamless, mobile-first banking services to our valued customers.
AJ Atienza, SVP Digital Channels Head, UnionBank of the PhilippinesRead the UnionBank case study
What are the kyc requirements in the Philippines?
Philippines’s Central Bank (Bangko Sentral ng Pilipinas) has key anti-money laundering laws, rules, and regulations in place. It also regulates electronic KYC procedures to ensure businesses are able to onboard users remotely in a safe and secure manner. These rules are outlines in The Manual of Regulations for Banks (MORB) and The Manual of Regulations for Non-Bank Financial Institutions (MORNBFI).
How can businesses in the Philippines verify identity?
MORB/MORNBFI allows for remote identity verification methods, where users can scan their government ID and face using a smartphone or webcam. This information can be processed by third-parties to ensure the user is authentic and who they claim to be, meaning customers can sign-up for financial services in seconds from anywhere.
Identity verification solutions for eKYC in the Philippines
Document and Biometric Verification
Have confidence in your customer’s identity by verifying Philippines-issued photo IDs such as the Driver’s License, Social Security Card, Voter’s ID and many others. Powered by Atlas™ AI, our Onfido document verification uses advanced techniques to assess documents for authenticity.
Build identity verification workflows according to your needs in our drag-and-drop orchestration tool. Users are automatically routed to the path that makes the most sense for them to maximize conversion and minimize risk.
Make document and biometric capture seamless with our Smart Capture SDKs. They feature glare and blur detection, multi-frame image capture, and WCAG AA accessibility features.
Fraud Detection Signals
Analyze passive fraud signals like phone and device intelligence to catch organized fraud without introducing additional user friction.