Footprint provides an agent orchestration platform for automating identity and risk decisions across compliance workflows like KYC, KYB, and AML. The system allows businesses to build programmable onboarding experiences using pre-built playbooks and AI-powered analysis for watchlist review and document verification. It offers secure, encrypted vaulting for sensitive PII while streamlining case management and providing audit trails for regulatory adherence.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses face challenges in efficiently verifying customer identities during onboarding while simultaneously preventing fraud, ensuring regulatory compliance, and minimizing user friction. Traditional methods often involve storing sensitive personally identifiable information (PII), increasing security risks and compliance burdens.
Solution
Footprint offers a unified platform for automated customer onboarding that streamlines identity verification, fraud prevention, and compliance management. The platform allows businesses to customize onboarding workflows and perform database checks without directly storing PII, enhancing data security and reducing compliance overhead. By leveraging features like App Clips and Passkeys, Footprint adds security layers to the onboarding experience, helping reduce fraud and increase accuracy. The platform's rules engine enables businesses to create custom rules to verify users based on specific requirements and analyze the impact of those rules.
Target Audience
Footprint targets businesses across various industries, including fintech, brokerage, and other sectors requiring secure and compliant customer onboarding processes.
Features
- Customizable onboarding components for building fully embeddable experiences
- Playbook configurations to define required data, documents, and logic
- Verification against government databases, credit bureaus, and other official sources
- Fraud signals and a unified rules engine for acting on potential fraud
- Behavior and device insights for added security
- App Clip integration for secure ID document capture
- Passkey support for preventing account takeovers and phishing
- Backtesting and analysis of rule impact on users
- Enhanced AML monitoring with continuous monitoring, governmental watchlists, PEP and adverse media monitoring