Our Know-Your-Customer (KYC) and Know-Your-Business (KYB) processes protect you and your customers from being directly or indirectly involved with financial fraud, money laundering or terrorist financing. We handle the compliance, security and regulatory responsibilities, so you can focus on your product and your customers.
Sentinel is a machine learning algorithm leveraging millions of data points to detect and block fraudulent transactions
No integration required
Sentinel is seamlessly integrated with all Crezco products and comes at no extra cost
Open banking provides live data to Crezco, accessible 24 hours a day, 7 days a week
Via our open banking, Crezco is connected to over 700 banks across the UK and EU and over 500 million bank accounts. Each bank account can contain over 100,000 relevant data points on a single user.
Unlike asking a user to upload three months of historic bank statements, open banking provides a live feed. Data is never old and out-of-date, but accessible 24 hours a day, 7 days a week.
Sentinel ensures that payers can only ever pay the right recipients and are automatically protected from purchase scams (paying for goods or services that are never received), investment scams (payments into fake investments), and invoice scams (payments into the wrong bank account).
How it works
Let's say you are the customer and you receive an invoice with a Crezco payment link. You click on this link, then you must accept the payment request, log in to your bank account and confirm the payment.