Case Study
ImpactHub King's Cross
Impact Hub® King's Cross uses the Token of Trust® Compliance Solution to conduct KYC and AML checks on member applications.
In the past, the Impact Hub King's Cross location handled KYC and AML checks for every member's application through an internal process that didn't provide reliable results, fast turnarounds, or a simple interface the team wanted. As a result, the team found themselves spending countless hours processing sensitive documents and worrying about whether or not member applications were being vetted properly. The team at Impact Hub King's Cross in London knew there was a better way, and turned to Token of Trust for help.
The team began working with their Token of Trust verification expert to define requirements for satisfying the UK's Anti-Money Laundering statutes while also maintaining the values within the company's GDPR policy. Next, they began learning and applying best practices when using Token of Trust's Compliance Solution for KYC and AML checks.
By using Token of Trust's Compliance Solution, Operations Manager Mo Munim is able to rapidly invite all required members to verify their identity. Finance and Process Manager Laura Gene Bussinger noted dramatic improvements: verification turnaround decreased to 1/30th of its previous duration, while the organization saw 587% total ROI by switching solutions.
“Token of Trust provides reliable results within a simple user interface that's easy to navigate.”
Ready for results like these?
Our solutions architects design verification and compliance workflows for your products, jurisdictions, and risk profile. Start free, or talk to sales.