HooYu is a global customer onboarding platform designed to increase the integrity of KYC and maximise the success of customer onboarding.  HooYu blends UI & UX features to build a smooth digital verification journey with a range of identity validation technologies to help regulated firms know who they're dealing with.

CORE SOLUTION

HooYu is a global customer on-boarding platform that provides UI & UX tools to deliver customised mobile or desktop digital KYC journeys.

Fraud and financial crime hub - decisioning platform

No

Transaction fraud

No

Account fraud

No

ATM fraud

No

Financial crime data provider and intelligence

No

AML transaction monitoring

No

KYC/CDD

Yes

KYC remediation

Yes

Digital identity service provider

No

Identity verification 

Yes

Authentication

No

 

Technology

On-premises

No

Cloud-enabled

Yes - vendor hosted with API access

Native cloud

No

Hybrid

No

 

DATA INPUT: Identity verification capabilities

Identity document scanning

Yes - proprietary

Video scanning

No

Personally Identifiable Information (PII) validation

Yes - proprietary

Small transaction verification

No

Email verification

Yes - proprietary

Phone verification

Yes- proprietary

Social verification

Yes - proprietary

Credit check

Yes - via third party

Compliance check

No

 

DATA INPUT: Online authentication capabilities

Behavioural biometrics

No

Physical biometrics

Yes - proprietary

Device fingerprinting

No

Geo-location

Yes - proprietary

Remote access detection

No

Mobile app push

No

3-D Secure 2.0

No

Hardware token

No

SMS One-time passwords

No

Knowledge-Based Authentication

No

 

DATA INPUT

Abuse list 

No

Financial crime data

No

Sanctions data (sanctions, enforcements, PEP, and adverse media)

Yes - via third party

Watchlist screening

Yes - via third party

Address verification

Yes - proprietary

Credit Bureau

Yes - via third party

Information Sharing

No

 

DATA INPUT: Intelligence - Data Stateless

Data Ingestion and Augmentation

No

 

METHODOLOGY: Machine Learning

Rule-Based

No

Supervised ML

Yes

Unsupervised ML

No

Hybrid

No

 

METHODOLOGY: Decisioning

Manual review

Yes

Case management

No

Decision orchestration

No

 

BUSINESS MODEL: Pricing and Services

Pricing model

For more details, please contact HooYu team.

Managed service

Yes

Training & Support

For more details, please contact HooYu team.

 

CLIENTS

Main clients/references

NatWest, Ulster Bank Group Ireland, Vanquis Bank

Case studies

For more details, please contact HooYu team.

Awards

REMTech Judges 2019 Mention award for ID Verification, National Technology Awards Analytics Project of the Year 2019, eGaming Review Awards Compliance and KYC Supplier of the Year 2020, Retail Banker International award for Best Customer Facing Technology 2020, Editors Choice Award at the PayTech Awards 2019.

Future developments

For more details, please contact HooYu team.