Trained on diverse facial variations and ID formats, our robust AI solutions have onboarded over 750 million users.
Saved in fraud losses
Document Collection TAT
Reduced Drop-off Rates
Time-consuming KYC onboarding
Friction in customer onboarding
Constantly changing compliance regulations
Increasing fraud occurrences
Expand your business globally
Stay compliant when onboarding users
Maximize conversions at each step
See how it works -> See how it works -> See how it works ->Reduce frauds using database check, liveness, quality checks etc
Conduct deduplication to prevent repeat fraudsters
Protect brand reputation & customer trust
See how it works -> See how it works -> See how it works ->Users can be verified instantly, in under 30 seconds
High straight-through processing with a market-leading, high-accuracy solution
Automated fall-back option to navigate downtimes
See how it works -> See how it works -> See how it works ->Why is KYC What is digital identity verification, and why is it crucial for the fintech industry?
KYC is required by NBFCs and banks to prevent fraud, money laundering, and comply with regulatory guidelines.
How does biometric authentication contribute to a frictionless onboarding experience for new users?
Non-compliance with KYC regulations can lead to penalties, reputational damage, suspension of operations, or license revocation for NBFCs and banks.
What role does machine learning play in fraud prevention and ongoing monitoring for financial institutions?
What measures can NBFCs and banks take to streamline the KYC process and enhance customer experience?
How can fintech solutions balance the need for security and a frictionless customer experience?
Common challenges in the KYC process for NBFCs and banks include managing a large volume of applications, verifying complex business structures, and staying up to date with changing regulations.
What are the key regulatory requirements and compliance measures for fintech identity verification?
AI plays a significant role in the KYC process for NBFCs and banks by automating document verification, detecting suspicious patterns, and enhancing risk assessment capabilities, thereby improving efficiency and reducing manual efforts.