The Client Onboarding Revolution in 2025

In an ever-evolving financial world, client onboarding represents a crucial challenge for financial institutions. With the proliferation of digital financial services and the emergence of new forms of fraud, traditional identity verification processes are showing their limitations. In 2025, the convergence of biometric technologies and decentralized identity is paving the way for a profound transformation of these processes.

According to a recent study by Unissey on identity verification trends in 2025, one in two companies worldwide now faces deepfake fraud attempts, highlighting the urgency of adopting more robust identity verification solutions.

New Identity Verification Requirements in 2025

The European regulatory framework is undergoing major changes with the implementation of the ETSI 119 461 standard. This new regulation requires financial sector players to strengthen their remote identity verification processes, particularly through the use of ISO 30107 and CEN 18099 certified liveness detection solutions.

Beyond regulatory requirements, financial institutions face growing cybersecurity challenges. As Basikon highlights in its analysis of KYC/AML challenges, biometric technologies are becoming an essential solution for ensuring reliable identification while providing a smooth user experience.

Biometrics as the Cornerstone of Identity Verification

Biometric technologies are revolutionizing the traditional KYC (Know Your Customer) approach by introducing more secure and intuitive verification methods. Facial recognition, fingerprints, and liveness detection now constitute a complete arsenal for combating sophisticated fraud attempts.

The Basikon platform integrates these advanced technologies through its Core Banking module, enabling financial institutions to rapidly deploy biometric verification solutions that comply with the latest security standards. This approach not only enhances security but also significantly improves the user experience by reducing friction during onboarding.

Decentralized Identity: A Revolutionary Approach

Decentralized identity represents a major paradigm shift in digital identity management. As explained by Archipels, this approach is based on the principle of the "trust triangle" between the issuer, holder, and verifier of identity, allowing users to maintain control over their personal data.

Blockchain technology, on which decentralized identity is based, offers unique guarantees in terms of security and traceability. Basikon's Core Lending solution leverages these advantages by integrating with leading decentralized KYC service providers, thus offering a comprehensive and scalable solution for identity verification.

The Basikon Solution: An Integrated Platform for Client Onboarding

In response to these technological and regulatory developments, Basikon positions itself as a key player in the digital transformation of client onboarding. Its low-code platform offers a flexible and modular architecture enabling financial institutions to rapidly deploy identity verification solutions tailored to their specific needs.

The success of this approach is illustrated by Leascorp, which uses the Basikon platform to manage onboarding and data for over 8,000 clients and 300 partners. The solution efficiently processes more than 100 data points and 15 documents per client while maintaining high levels of security and compliance.

Native integration with leading biometric KYC service providers such as Signicat and Onfido enables Basikon to offer a comprehensive identity verification solution. This "best-of-breed" approach ensures access to the most advanced technologies while simplifying their implementation through the low-code platform.

The Future of Client Onboarding

In 2025, client onboarding in the financial sector will be characterized by a delicate balance between enhanced security and seamless user experience. The combination of biometric technologies and decentralized identity paves the way for more robust verification processes that better respect user privacy.

In this context, choosing an adaptable technology platform like Basikon Core Banking becomes crucial. The ability to rapidly integrate new technologies and adapt to regulatory changes constitutes a major competitive advantage for financial institutions.

FAQ

What is biometric KYC and how does it work?

Biometric KYC uses unique physical characteristics (face, fingerprints) to verify client identity. This technology, combined with liveness detection, enables rapid and secure verification while effectively combating fraud attempts.

What are the advantages of decentralized identity for financial institutions?

Decentralized identity offers better protection of personal data, reduces the risks of centralized data breaches, and improves the efficiency of KYC processes by enabling secure reuse of verified identity information.

How does Basikon integrate with identity verification solutions?

The Basikon platform offers native integrations with leading KYC and biometric service providers, enabling rapid and flexible implementation of identity verification solutions through its low-code interface.

What are the main KYC regulations to comply with in 2025?

Financial institutions must comply with ETSI 119 461 standard, ISO 30107 and CEN 18099 certifications for liveness detection, as well as European regulations on personal data protection and U.S. specific requirements such as the Bank Secrecy Act (BSA) and USA PATRIOT Act.

How is personal data protected in a biometric system?

Biometric data protection relies on advanced encryption, separation of identification data and biometric templates, and strict application of data minimization and informed consent principles, in compliance with GDPR and other relevant privacy regulations.

Discover how Basikon can transform your client onboarding process with its low-code platform integrating the latest identity verification technologies. Request a personalized demo today.