In today’s rapidly evolving digital world, it is essential for merchants and service providers to confirm the identity of those with whom they are in business.
Not only is it crucial to ensure the security of all those involved, but it is also a regulatory requirement (PCMLTFA).
That is why Gigadat developed Gigadat Secure
Gigadat Secure links the end-user with their financial institution, where they can verify their identity quickly and safely.
This verification will facilitate the KYC (know your customer) procedure thereby reducing the risk of fraud as well as enhancing the AML (anti money laundering) and CFT (countering the financing of terrorism) protection.
Furthermore, this integrated service will enable Gigadat to be proactively compliant and engaged with financial regulators such as FINTRAC.
Ultimately, Gigadat Secure will ensure that merchants will receive accurate and trusted information about their end-users, allowing for better, safer, and quicker delivery of services.