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SELA BANK

KYC/AML Compliance & Open Banking API

Fintech solution handling heavy regulation. Users can "port" their KYC from Bank Leumi to a crypto exchange or mortgage broker instantly, eliminating redundant verification processes.

Overview

SELA BANK is a specialized solution for the financial services industry, handling the complex requirements of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance. It enables instant, secure sharing of verified identity and financial credentials between institutions.

Instead of repeating the same KYC process at every financial institution, users can instantly share their verified credentials, dramatically reducing onboarding time from days to seconds while maintaining full regulatory compliance.

Key Features

Source of Funds Proof

Cryptographically prove the origin of funds without revealing sensitive transaction details.

Credit Score VC

Share verified credit scores and financial history as Verifiable Credentials.

Instant Account Onboarding

Reduce account opening time from days to seconds with pre-verified credentials.

AML Compliance

Built-in compliance with Anti-Money Laundering regulations and requirements.

Open Banking API

Seamless integration with open banking standards and financial APIs.

Cross-Institution Portability

Port KYC credentials between banks, crypto exchanges, and fintech services instantly.

Use Cases

Perfect for banks, credit unions, crypto exchanges, mortgage brokers, fintech companies, and any financial service provider requiring KYC/AML compliance. Ideal for improving customer onboarding experience while reducing compliance costs and maintaining regulatory standards.