Relio

Relio is challenging the Swiss banking industry with the launch of a fully digital account for business customers. The offering is built around Relio’s compliance technology, which entails complex KYC/KYB automation, real-time risk scoring, and big data-powered transaction monitoring. Instead of applying the same risk models on all customers for onboarding and monitoring, our compliance engine creates tailor-made processes for each customer. The onboarding process captures granular client data, that is synched with the entire banking system for transaction monitoring, to detect and prevent money laundering in real-time. Clients get onboarded in 24h instead of months, KYC is free of charge, documents are only required for final validation when Relio approves the application, and fewer transactions and accounts get blocked.