With the rise of digitization and small and medium businesses representing a significant share of Canada’s economy, now more than ever, transforming these businesses digitally is critical.
At the core of every digital interaction is identity, and every digital interaction is dependent upon trust. In order to ensure systems are trustworthy, SMEs need an identity verification solution that provides the highest level of security when it comes to verifying, accessing, and securing identities, is easy to deploy, and also delivers a seamless customer experience.
Oliu’s pay-as-you-go, cloud-based subscription service leverages intuitive low-code methods and flexible APIs, eliminating the need for intensive resources and upfront investment that invariably drives up the total cost of deployment and maintenance.
Built to optimize for KYC compliance, Oliu allows SMEs to confidently and cost-effectively verify the identity of their customers so that they can focus on business priorities and growth.
“Traditional approaches to identity management and verification are often complex, expensive, and take significant time to deliver real value and assured compliance,” says Chandra Rink, Managing Director of Product at ATB Ventures.
“For small and medium sized businesses with limited resources, protecting their customers while maintaining compliance with KYC can be incredibly challenging. We’re excited to launch this next evolution of Oliu that provides SMEs with a simple and secure identity verification solution, allowing them to build trust while simplifying the customer onboarding process.”
A key differentiator of Oliu’s enhanced SME solution is passwordless authentication. This new feature significantly improves the customer experience by providing a fast, frictionless digital experience while decreasing authentication risks.