A Finch Digital Passport gives you accelerated access to services where there is a need to identify and validate yourself using a secure platform.

Finch uses your key personal information held by regulated institutions (e.g. banks, credit unions) and information added by you, to help you easily access regulated products and services in your daily life. Your existing identification (‘Know Your Customer’) information at a trusted service provider will be converted into a Finch Digital Passport – with your service provider serving as your Digital Chaperone.

Instead of validating your identity over and over again, Finch Passport helps you quickly identify yourself, including when you:

• • Open a mobile account
  • Take out financial services products
  • Set up an account with a utility company
  • Move house
  • Register with a solicitor
  • Provide reference and identity information to property and estate agencies
  • Get independent financial advice

Now, all you need to do is provide your Finch Passport with a simple click on your phone – saving you money and ensuring that you have faster access to the services you require.

Your personal data is held securely, automatically updated at no cost to you and released only with your consent. You can verify your identity yourself at any point in time giving you flexibility to change your service provider quickly and cost effectively.

“Digital identification and verification through the platform [a shared KYC utility] would reduce KYC and AML checks, shortening and simplifying the on-boarding process….Customers could cheaply and quickly compile and share their credit files with different providers, or indeed create personal financial passports, thereby providing lenders with a richer and more timely basis for credit assessment.”

Andy Haldane,
Chief Economist and Member of the Monetary Policy Committee