Ballerine: Open & self-served user risk decisioning platform

Ballerine is the first Open Source Infrastructure for Identity and Risk management.

TL;DR: Ballerine is an Open Source Infrastructure for Identity and Risk management.

Use Ballerine to get:

• KYC/KYB UI flows
• A case management dashboard for manual user approval
• Integrations with identity verification providers
• A rule engine to automate your decisioning process.

All are open for you to customize and extend to your needs.

Companies offering financial services need to identify their customers and assess their risk to avoid fraud and money laundering.

Each company has different audience types, services offered, geographies in which they operate, changing regulations, risk appetite, and more

This means every company needs to take different risk measures, and wants to provide different experiences to their customers.

Problem

The vendors in the market today offer solutions that are:

1. Closed - The solutions in the market come with minimal customizability, you can’t change things to fit your changing needs, making it not future-proof.
2. Single point solutions - to cover the whole range of a company’s specific needs it would need to put in extra work instead of focusing on its product.
3. Not white label - The user experience and trust level of a company’s user is hurt by going through a flow that doesn’t look like the rest of the product.

Solution

Ballerine helps you build your KYC/KYB and risk workflows using open-source building blocks for user identity and risk management.

Allowing any business to compose solutions for any vertical and geographical-specific use case.

Why Open Source?

• Future proof - modular and extendable building blocks
• Global - Multiple vendors are accessible in one UI
• White label - Customizable UX and UI
• Strong and secure - Tested and maintained by the community

All of those provide a flexible, long-term solution that won't fail you along the way.

What is included

• KYC/KYB UI flows
• A case management dashboard for manual user approval
• Integrations with identity verification providers
• A rule engine to automate your decisioning process

Examples

Companies who already used Ballerine were able to create various solutions like:

• Low-cost KYC solution made out of Identity verification building blocks
• Multi-vendor KYC flow for users from multiple geographies
• KYB document collection flow with UI and case management dashboard
• Vendor-agnostic UI for a company where multiple bank partners that are approving their users
• And more.

Build with Ballerine

In the upcoming weeks, we’ll be gradually releasing our code to our public repository for you to be able to start building with.

Learn more about the project here: https://github.com/ballerine-io/ballerine

You can already sign yourself up to get early access here

Feel free to reach out to us at noam@ballerine.io.

We would love to talk to you and get your feedback regarding what we’re building.

Thank you,

Noam, Alon, and Nitzan from Ballerine.