KYCP has unveiled its Pay As You Go Tokens Module, a new addition that enables businesses to access embedded compliance services through a flexible, token-based model.
The feature allows clients to purchase tokens and use them for a range of premium services, including screening, ID&V, and digital signatures—all within the KYCP platform.
This marks a significant step forward for KYCP, as it introduces embedded, per-transaction services for the first time. The system is designed to enhance both onboarding and ongoing due diligence by providing a modular approach to compliance management. Clients can now activate and pay for services only when they are needed, avoiding upfront commitments or multiple supplier contracts.
KYCP’s new feature leverages a network of pre-selected third-party providers integrated directly into the platform. This orchestration simplifies the user experience by allowing firms to manage all their compliance tools from one interface. The approach eliminates the need to negotiate separate contracts or commit to bulk usage, giving users the freedom to scale services as needed.
When activated, the tokens feature displays a live balance in the KYCP interface, visible only to authorised users. The Tokens Management screen provides full oversight of usage, including service types, suppliers, programme details, and transaction history. It also allows filtering and exporting of data for audit purposes and compliance reporting.
The platform includes tools to manage alerts, add token packages, and forecast usage for upcoming screening needs. Token top-ups can be requested directly through KYCP’s service desk, ensuring seamless continuity for clients.
The launch of Embedded Screening and Self Check-In are the first two services powered by the token module, with additional embedded solutions planned to further streamline onboarding and due diligence workflows.
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