KYC YOUTH PRODUCT

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Digital onboarding of child and teen bank accounts, in alignment with KYC and AML requirements

TrustElevate verifies a child’s identity, age and address, and verifies an assertion of parental responsibility for a child so that a verified parent can enter into a contract with the bank on behalf of their child.

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HOW DOES IT WORK

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Note: For PISPs, the output of the encrypted exchanges are Age Band and Authorisation (ABA) tokens, which contain no Personal Information

Enhance youth banking offering 

TrustElevate enables seamless onboarding of child and teen bank accounts in compliance with stringent KYC and AML requirements

WHY CHOOSE TRUSTELEVATE

Our approach to privacy

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Hold no data

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Seamless user experience

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Interoperable

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Don’t use biometrics
or document scanning

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Secure and
privacy-preserving

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MyFamily trials with BT

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In Q1 2020, TrustElevate conducted trials with BT as a part of the UK Government’s VoCO (Verification of Children Online) project

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USE CASES

PURPOSE

TrustElevate's Product Purpose 

Internet Safety
Children's Rights