BGL adds biometric scanning to BGLiD
BGL Corporate Solutions has added biometric scanning to BGLiD to help clients prepare for changes in AML/KYC requirements.
Following a successful beta phase, BGLiD’s biometric scanning is now available in CAS 360, Simple Fund 360 and Simple Invest 360. The feature supports compliance with the new Know Your Client (KYC) requirements that will come into effect on 1 July 2026. These new regulations will require accountants and company/trust service providers to verify the identity of clients, directors, shareholders and beneficiaries and report to AUSTRAC under expanded anti-money laundering (AML) and counter-terrorism financing (CTF) obligations.
BGLiD combines secure digital ID verification with facial biometric scanning. Individuals can upload a government-issued ID and a short selfie video with their mobile phone. Facial recognition AI then verifies the match in real time, enhancing security and streamlining compliance workflows.
“Biometric scanning will play a critical role in helping our clients meet the upcoming regulatory changes,” says Warren Renden, General Manager – CAS 360 at BGL. “With BGLiD now available in three BGL products, this feature improves the quality and consistency of ID verifications well ahead of the 1 July 2026 deadline.”
Biometric scanning, released to beta in BGLiD in 2024, is now fully integrated into the BGL product suite. BGLiD verifies IDs with the Department of Foreign Affairs (passport), Department of Health (Medicare card) and state road authorities (driver’s license) and cross-checks identity data against global watchlists, including AML, sanctions and adverse media databases, to deliver fast and accurate verifications.
“BGLiD reflects our commitment to building practical, future-ready compliance software,” said Daniel Tramontana, Chief Executive Officer at BGL. “As the industry prepares for more significant regulatory change, we’re proud to support our clients with tools that simplify and strengthen their compliance processes.”
With BGLiD biometric scanning now available in CAS 360, Simple Fund 360 and Simple Invest 360, BGL clients are well-equipped to meet evolving regulatory expectations and better protect their businesses and clients.
