What do we offer?
An all-in-one solution processing bank statements and restricting bad actors
Bank Statement Upload
Fetch bank details and check for fraud using the bank statement uploaded
Expenses Categorization
Classify expenses in the statement into different category types along with their percentage share of the total number of transactions
Transactions Tracking
Enlist all transactions mentioned in the statement
Salary Validation
Identify the salary of the individual
Recurring Transactions Identification
Fetch the recurring transactions of the user
High friction and TAT with existing solutions
Income Validation
High friction to validate income due to poor OCR capabilities
Financial Analysis
Hard to analyse debit bounces and loans taken
Analyse all aspects of a bank statement to identify fraud
Fill out this form to continue watching
Use Cases
| BNPL: Income validation and checking for existing loans/auto-debits | Credit Cards: Income validation, checking for existing loans/auto-debits, spending categories |
| Personal Loans/Gold Loans: Income validation, checking spending history | |
| Term Insurance: Decide maximum insurance amount (IRDAI mandates maximum 25x of annual income) | Health Insurance: Checking spending history |
| General Insurance: Checking spending history, Income validation, overall analysis | |
| Income Validation for F&O trading (SEBI mandated) |
Why Choose HyperVerge?
Unified Access
Access to all modes of bank statement analysis with one integration
Analytics Dashboard
Analytics dashboard for identifying points of drop-off
Easy Integration
Plug-and-play module for easy integration
Spending Behaviour and Credit Worthiness
Validate the spending behaviour of a user to check if they are credit-worthy
Explore other plug & play modules
Frequently
asked Questions
Latest Blogs
The latest news, updates and more about KYC industries related market resources from our team.
