Built by industry experts with deep experience in compliance and AML
09 Apr 2025
Digital Onboarding in Financial Services: Fast, Compliant, and Scalable
Slow, manual onboarding is costing financial firms time and clients. Discover how azakaw helps institutions digitise verification, reduce fraud, and accelerate compliance, without compromising on security.
Slow, manual onboarding remains one of the most significant obstacles to growth and customer satisfaction in financial services. As regulatory complexity intensifies and user expectations rise, firms can no longer afford outdated, paper-based processes. At azakaw, we believe digital onboarding should be seamless, secure and scalable - and built to power compliance from day one.
Why Onboarding Needs a Rethink
In today’s market, onboarding is no longer a back-office function. It is a defining part of the customer experience. Whether you're onboarding individual clients or entire corporate entities, the process must be intuitive, compliant and fast.
Too often, however, financial institutions face delays due to fragmented systems, manual reviews and regulatory red tape. The result? Client frustration, higher drop-off rates and delayed revenue.
“If your onboarding takes longer than your competitor’s, you’ve already lost the client,” remarked Daniel Gusev, founder at Fintech Galaxy.
The Real Cost of Poor Onboarding
According to Signicat’s 2023 Digital Identity Report, 63% of consumers in Europe abandoned at least one financial application in the past year due to a poor onboarding experience. The reasons cited include excessive friction, repetitive steps and lengthy approval times.
Manual reviews not only slow processes but also increase the risk of human error and compliance breaches. In a regulatory landscape that is evolving rapidly, these inefficiencies can carry significant financial and reputational risk.
“What used to be a KYC task is now a critical moment in customer experience,” says Jelmer de Jong, Head of Product at Fourthline.
How azakaw Streamlines Onboarding
At azakaw, we built our digital onboarding suite to solve these pain points at scale. Designed by compliance specialists and engineered for real-world use, the platform automates every step of the onboarding journey - from verification and risk scoring to reporting and audit readiness.
Key features include:
eKYC and eKYB capabilities that automate identity and entity checks using advanced OCR, biometric matching, and AI-driven UBO mapping.
Biometric verification tools, including face matching, liveness detection and real-time fraud screening.
Customisable workflows that can be adapted to your internal policies, regulatory requirements and client profiles — without writing a line of code.
Risk scoring engines that draw on behavioural, geographic and contextual data to deliver dynamic AML risk assessments.
Native integration with government-issued ID databases and global watchlists, covering more than 250 jurisdictions and 14,000+ document types.
“At azakaw, we help clients go live faster while staying audit-ready from day one.”
A Platform Built for Compliance — and Growth
While speed is critical, so is control. Our platform is designed to help regulated firms comply with FATCA, CRS, AMLD, and local onboarding requirements across key jurisdictions. Whether you’re operating in DIFC, ADGM, Europe, or beyond, azakaw ensures you’re inspection-ready.
The results speak for themselves:
Onboarding time reduced by up to fivefold
Compliance costs cut by up to 30 percent
Fraud rates reduced by over 65 percent
By consolidating processes across onboarding, monitoring, and reporting, clients using azakaw report stronger oversight, fewer false positives, and significantly reduced operational drag.
Scale with Confidence
Whether you’re a digital bank expanding into new markets, a crypto platform navigating layered regulatory frameworks, or a fund manager onboarding institutions, azakaw is built to adapt to your risk appetite and compliance obligations.
Our clients use azakaw to:
Automate retail and corporate client onboarding
Centralise global KYC and KYB processes
Meet evolving due diligence standards with confidence
Your Onboarding. Reimagined.
In an era where agility and trust are paramount, onboarding should not be a bottleneck. With azakaw, it becomes a competitive advantage - one that improves efficiency, reduces risk, and enhances the customer experience.
Ready to onboard faster and smarter? Book a demo with our team today.
09 Apr 2025
Digital Onboarding in Financial Services: Fast, Compliant, and Scalable
Slow, manual onboarding remains one of the most significant obstacles to growth and customer satisfaction in financial services. As regulatory complexity intensifies and user expectations rise, firms can no longer afford outdated, paper-based processes. At azakaw, we believe digital onboarding should be seamless, secure and scalable - and built to power compliance from day one.
Why Onboarding Needs a Rethink
In today’s market, onboarding is no longer a back-office function. It is a defining part of the customer experience. Whether you're onboarding individual clients or entire corporate entities, the process must be intuitive, compliant and fast.
Too often, however, financial institutions face delays due to fragmented systems, manual reviews and regulatory red tape. The result? Client frustration, higher drop-off rates and delayed revenue.
“If your onboarding takes longer than your competitor’s, you’ve already lost the client,” remarked Daniel Gusev, founder at Fintech Galaxy.
The Real Cost of Poor Onboarding
According to Signicat’s 2023 Digital Identity Report, 63% of consumers in Europe abandoned at least one financial application in the past year due to a poor onboarding experience. The reasons cited include excessive friction, repetitive steps and lengthy approval times.
Manual reviews not only slow processes but also increase the risk of human error and compliance breaches. In a regulatory landscape that is evolving rapidly, these inefficiencies can carry significant financial and reputational risk.
“What used to be a KYC task is now a critical moment in customer experience,” says Jelmer de Jong, Head of Product at Fourthline.
How azakaw Streamlines Onboarding
At azakaw, we built our digital onboarding suite to solve these pain points at scale. Designed by compliance specialists and engineered for real-world use, the platform automates every step of the onboarding journey - from verification and risk scoring to reporting and audit readiness.
Key features include:
eKYC and eKYB capabilities that automate identity and entity checks using advanced OCR, biometric matching, and AI-driven UBO mapping.
Biometric verification tools, including face matching, liveness detection and real-time fraud screening.
Customisable workflows that can be adapted to your internal policies, regulatory requirements and client profiles — without writing a line of code.
Risk scoring engines that draw on behavioural, geographic and contextual data to deliver dynamic AML risk assessments.
Native integration with government-issued ID databases and global watchlists, covering more than 250 jurisdictions and 14,000+ document types.
“At azakaw, we help clients go live faster while staying audit-ready from day one.”
A Platform Built for Compliance — and Growth
While speed is critical, so is control. Our platform is designed to help regulated firms comply with FATCA, CRS, AMLD, and local onboarding requirements across key jurisdictions. Whether you’re operating in DIFC, ADGM, Europe, or beyond, azakaw ensures you’re inspection-ready.
The results speak for themselves:
Onboarding time reduced by up to fivefold
Compliance costs cut by up to 30 percent
Fraud rates reduced by over 65 percent
By consolidating processes across onboarding, monitoring, and reporting, clients using azakaw report stronger oversight, fewer false positives, and significantly reduced operational drag.
Scale with Confidence
Whether you’re a digital bank expanding into new markets, a crypto platform navigating layered regulatory frameworks, or a fund manager onboarding institutions, azakaw is built to adapt to your risk appetite and compliance obligations.
Our clients use azakaw to:
Automate retail and corporate client onboarding
Centralise global KYC and KYB processes
Meet evolving due diligence standards with confidence
Your Onboarding. Reimagined.
In an era where agility and trust are paramount, onboarding should not be a bottleneck. With azakaw, it becomes a competitive advantage - one that improves efficiency, reduces risk, and enhances the customer experience.
Ready to onboard faster and smarter? Book a demo with our team today.