Case Study: WeTrading achieves faster automated KYC onboarding with GetID

Cooperative trading platform WeTrading partners up with GetID to speed up the online Identity Verification

WeTrading, a global cooperative trading platform from Spain, needed a reliable way to automate KYC and identity verification while reducing onboarding friction and protecting against fraud and money laundering risks. To address this challenge, it turned to GetID for an easy-to-integrate online verification solution, including a Web SDK and support for document and identity checks.

GetID implemented ID document verification, AML watchlist screening, face matching, and an administrative dashboard, with the integration completed in 14 days. As a result, WeTrading achieved 95% automatic customer verification without manual review, cut average onboarding time to 11 minutes, and significantly reduced faulty verifications and fraud attempts while easing the compliance team’s workload.

WeTrading

Jose Carlos Carrascosa

Chief Executive Officer