ClariLab bundles the assets of two companies into a joint new entity. We are 50 percent data-driven, 50 percent tech-driven. This means we combine expertise in secure identification and AMLA-compliant verification of the necessary information on legal entities and natural persons with strong development expertise and networking in the financial world. What drives us? Curiosity, speed and no fear of big issues.
Year founded:
2020
People:
25+
Customers:
900+
Schufa and fino join forces in subsidiary ClariLab
With the development of the KYCnow platform in 2018 and the establishment of the joint venture ClariLab 2020, we support and advise obligated parties with our expertise in banking regulation, technical integration and innovation, as well as expert advice around money laundering prevention and the KYC process.
We work for obligated parties under the Money Laundering Act (GWG)
All obligated parties under the German Money Laundering Act are subject to an explicit duty of proof and documentation and must be able to prove at any time, upon request by your competent supervisory authority, that you are fulfilling your obligations under money laundering law appropriately and effectively. This applies irrespective of whether any other obligated parties carry out money laundering prevention in the intended business. With the entry into force of the fifth EU Money Laundering Directive on January 1, 2020, obligated parties must prepare themselves for significantly stricter regulations against money laundering. The effort involved is considerable. That’s why our products provide partners with direct solutions that enable them to comply with audit processes within specified deadlines.
Complete automation of the KYC process with the KYCnow platform
Our scope of services: a unique KYC solution. Today, we are the only market player able to offer and ensure complete automation of the process.
The use of KYCnow during the Covid19 pandemic
With the KYCnow platform, we can help banks verify tens of thousands of requests for loans by businesses during the Corona pandemic.
KYCnow App: The Solution for Money Laundering Prevention at the Point of Sale
The KYCnow app is a solution in interaction with the KYCnow platform for carrying out the Know-Your-Customer (KYC) process with contractual partners of obligated parties under the Money Laundering Act.
The vision: A KYC standard for all stakeholders
Our goal is to develop a standardized KYC process that works across industries and federal states, as well as across Europe. Together with our partners, we are currently working on such a standard.
A unified KYC process to combat money laundering
The Money Laundering Act requires companies to know their customers in order to identify any money laundering and terrorist financing risks and deal with them accordingly. In light of this, “obligated parties” under the Money Laundering Act, such as banks or tax advisors, must perform certain checks. However, these checks are not standardized in the narrower sense, but vary in their execution both across and within industries. With the KYCnow platform, we can provide all groups of obligated parties with a fully automated, legally compliant process that also enables the independent maintenance of a KYC file.
We work for obligated parties under the Money Laundering Act
All obligated parties under the Money Laundering Act are subject to an explicit duty of proof and documentation and must be able to prove at any time, upon request by your competent supervisory authority, that you are fulfilling your obligations under money laundering law appropriately and effectively. This applies irrespective of whether any other obligated parties carry out money laundering prevention in the intended business. With the entry into force of the fifth EU Money Laundering Directive on January 1, 2020, obligated parties must prepare themselves for significantly stricter regulations against money laundering. The effort involved is considerable. That’s why our products provide partners with direct solutions to enable them to comply with audit processes within specified deadlines.
Data at the touch of a button: Fully automated KYC process with KYCnow
When optimizing the KYC process, we always strive for an automated, purely digital process. As a regtech startup from the mothers SCHUFA and fino, we deliver innovation and technical solutions based on the largest national data pool.
Our promise: a unique KYC solution. As the only market player today, we can offer and ensure complete automation of the process.
Our claim: to always map the KYC process in accordance with the latest status under the Money Laundering Act. The solutions can be adapted to the individual needs of the respective obligated parties. We understand the requirements of the individual industries and can tailor the platform to their needs.
Our service: With the platform we provide, obligated parties can maintain their KYC files completely independently. With our stand-alone products KYCnow App and Transparency Register API, companies can have the audit performed on site and discrepancy reports filed directly with the Transparency Register via a technical interface.
