Solutions

KNOW YOUR PAYEE (KYP)

Verify account
ownership before
you send money.

Eliminate misdirected payments and APP fraud. KYXstart
validates the destination bank account matches the intended
recipient in real-time.

Validate a Payment

KYXstart's Know Your Payee (KYP) solution is specifically engineered to address the critical need for payment security and fraud mitigation within the US financial ecosystem, while maintaining global reach. The platform delivers instant, real-time validation of destination bank accounts, directly combating rising US threats like Authorized Push Payment (APP) fraud and Business Email Compromise (BEC).

Leveraging a single, high-performance API, KYX matches the intended recipient's name against the bank account details before funds are released, drastically reducing misdirected payments. By providing a scalable, compliant, and fraud-focused layer of trust, KYX empowers US banks, fintechs, and enterprises to enhance operational efficiency.

Comply Globally

Stay ahead of evolving global mandates, including EU Verification of Payee (CoP). Ensure critical compliance frameworks are met to drastically reduce fraud and build trust across every transaction.

Reduce Fraud

Protect payments from unauthorized transfers. Our comprehensive verification process prevents misdirected funds and empowers financial institutions to combact rising scams projected to exceed $7.6 billion.

Lower Costs

Eliminate costly fees associated with failed payments, rejections, or manual corrections. Ensure successful transactions the first time, maximizing straight - through processing and minimizing operational expenses.

Single API Solution,

global reach

Our single API streamlines the entire Know Your Payee process, providing comprehensive bank account validation and ID fraud check capabilities for global banks and Payment Service Providers (PSPs).

Seamless integration with existing payment workflows to ensure minimal disruption.

Real-time response capabilities ensuring sub-second verification latency.

Standardized data models across all jurisdictions and banking rails.

Enterprise-grade security with end to end encryption for PII data.

Combat Payment Fraud

Stop Authorized Push Payment (APP) fraud and scams instantly. Kyxstart provides real-time ID fraud checks and bank account verification to ensure the receipient's identity matches the account, preventing misdirected funds and protecting financial institutions from escalating losses.

Guarantee Payee Success

Eliminate costly fees and delays from failed payments or rejections. Kyxstart's KYP guarantee successful transactions the first time by validating account details and ownership instantly, maximising straight through processing and optimizing operational costs.

Ensure Global Compliance

Navigate evolving mandates like EU VoP, UK CoP, and US payment compliance effortlessly. Our single API provides immediate alignment with global standard, delivering the critical verification needed to reduce fraud, build trust, and maintain audit readiness.

Trusted by engineering teams

See how fast-moving companies are automating compliance.

"Compliance used to be our bottleneck. Now it's a competitive advantage. The realtime webhooks are lifesavers."
‍

Anna L.

CEO & Co-Founder

"The sandbox environment is actually identical to production. It made our integration testing absolutely seamless."
‍

David K.

CEO & Co-Founder

"KYXstart documentation is the gold standard. We migrated from legacy systems in less than a sprint."
‍

Elena S.

CEO & Co-Founder

Book a Demo

Simplify Payments with KYP

KYX, a global Know Your Payee (KYP) verification provider, empowers financial institutions and corporations to minimise fraud and enhance compliance worldwide.