MetaMap is a customer identity platform that utilizes a data pool from over 80 sources to perform identity verification, KYC, and AML compliance for businesses across various industries. By streamlining customer onboarding and authentication processes, it reduces financial risks and enhances operational efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in efficiently verifying customer identities, complying with KYC/AML regulations, and managing financial risks during onboarding and authentication processes. Traditional methods often involve fragmented data sources and complex workflows, leading to increased operational costs and potential security vulnerabilities.
Solution
MetaMap offers a unified customer identity platform that aggregates data from over 80 sources to streamline identity verification, KYC/AML compliance, and financial risk management. The platform enables businesses to customize verification workflows, access diverse data points including government checks and biometric data, and continuously optimize their processes through real-time analysis and monitoring. By providing a single platform for customer identity needs, MetaMap helps businesses improve onboarding conversion rates, reduce fraud, and ensure regulatory compliance. The platform's dashboard offers real-time funnel metrics, error analysis, and transparent billing to provide businesses with insights to optimize efficiency and control costs.
Target Audience
MetaMap primarily serves businesses across various industries, including banking, lending, payments, financial services, fintech, transportation, and telecommunications, that require robust identity verification and compliance solutions.
Features
- Access to a data pool with over 80 sources from 20+ countries for comprehensive identity verification
- Customizable verification workflows to meet specific business requirements and compliance standards
- Real-time funnel metrics to track completion status, manual reviews, and acceptance rates
- Error analysis tools to identify and address common verification issues
- Transparent billing with a price tracker to monitor contract usage
- Integration capabilities to seamlessly connect with existing systems
- Biometric verification capabilities
- Government checks