Discover The Best Cyber Security Startups
Get a list of new cyber security startups:
![Youverify](img/company/youverify.jpg)
Youverify
Youverify is a renowned RegTech100 company established in 2023 that specialises in providing robust and intelligent solutions to simplify business compliance automation. Renowned for its ingenuity and innovation, the company utilises superior technological approaches to aid companies in preventing fraudulent transactions and managing potential risks seamlessly.
Delving deeper into its functionalities, Youverify leverages AI to equip businesses with a proactive approach to unforeseen risks and fraudulent activities. It champions a patent-pending intelligent algorithm to analyse company data spanning over four years. This customer risk scoring system updates every 30 days ensuring the clients always stay ahead of threats. Its adaptive real-time transaction monitoring solution flags potentially fraudulent transactions, effectively reducing fraud losses by over 60%.
What sets Youverify apart is its ability to significantly improve risk management and compliance operations while ensuring user-friendly experiences. Their services have resulted in a 90%+ reduction in customer onboarding duration and a 50%+ drop in the number of false positives for their clients. The company's cutting-edge no-code workflow builder and other verification services offer rapid customer onboarding without compromising compliance.