Banks Are Spending Millions
to Verify What Customers Already Proved.
Global AML regulations are tightening. Legacy KYC is slow, expensive, and customers hate it. ShareRing lets you verify in seconds, not days. Already trusted by regulated platforms across Asia-Pacific.
Banks are spending millions to verify what customers already prove.
The real problem: you are storing personal identity documents. Passport copies. Government IDs. Driver licenses. Every document you hold is a liability. A breach costs you millions. Australia saw $50M in privacy penalties last year. Are you next?
Customers have already verified. They got a passport. They passed a government background check. Yet you ask them to upload it all again. Then your competitor does the same thing. Then their insurance company. It's wasteful. It's duplicative. It's why customers hate fintech.
Verify once. Trust everywhere.
ShareRing Me
Your customer verifies once. They carry that credential in their app. Present it to any business in the network. Passport scan? Done. AML check? Done. They never repeat it.
Learn moreShareRing Link
No-code verification portal. You set up a workflow. Customers complete verification in 90 seconds. You get a credential result. No personal identity documents touch your servers. $0.85 per check.
Learn moreShareLedger
Immutable blockchain audit trail. Every verification event is logged on-chain. No passports, IDs, or personal documents stored. Just cryptographic proof that the check happened and passed. Built for regulatory scrutiny.
Learn moreFundedHere. Singapore's first licensed crowdfunding platform.
Over $20 million raised across 30+ campaigns. 1,800+ verified investors. Two-tier KYC: automated flow for retail, encrypted high-assurance channel for institutional and HNW investors with notarised docs and NFC ePassport verification. Ongoing AML screening. Zero personal identity documents stored on FundedHere servers.
The new rules are live. Are you ready?
regulatory AML/CTF Amendment Act introduces sweeping new requirements for financial institutions and gatekeepers. Enrolment opened on 31 March 2026. Most Australian businesses will need to comply by the deadline.
Customer Identification
Full CDD at onboarding. Document verification. Biometric liveness. Sanctions screening.
Ongoing Monitoring
Transaction monitoring. Periodic re-verification. Risk-based approach to existing customers.
Record Keeping
7-year minimum retention. Auditable trail. Accessible to regulators on request.
Suspicious Activity
Threshold reporting. Suspicious matter reports. AML/CTF regulators integration.
You are likely in scope if you:
- Provide payment services (wallets, remittance, prepaid)
- Operate a licensed financial services business
- Manage crypto or digital assets
- Operate a crowdfunding platform
- Facilitate customer transfers of funds
- Platforms a regulated financial platform operating in Australia
You are probably fine if you:
- Operate an e-commerce store (no payment processing)
- Provide SaaS tools with no financial component
- Run a traditional retail business
- Provide logistics or service delivery only
- Operate a blog or content platform
- Don't touch customer money directly
Compliance is that easy. Let us show you.
ShareRing gives you enterprise-grade identity verification without building it yourself.
Book a Demo