Automate Bank Statement Analysis for Faster Underwriting
Instantly extract insights from any bank statement format with a small business lending solution built to reduce delays and catch red flags.
Faster Processing.
Accurate
Underwriting
Lending enterprises must balance speed, accuracy, and compliance - but manually processing documents is slow, error-prone and leads to poor customer experience. HyperVerge’s document AI-powered solutions help solve these challenges.
Key Challenges in Bank Statement Analysis
for Small Business Lending
Small business lenders rely on bank statements to assess cash flow and liabilities, but scanned
documents are unstructured, making analysis manual, slow, and error-prone.
Manual processing needed for scanned bank statements
Lack of intelligence on revenue/ non-revenue transactions, loan from other lenders
The Solution: AI-Powered Bank Statement Analysis
HyperVerge’s small business lending solution enriches raw bank statement data, delivering
actionable insights in seconds while slashing manual effort.
Cut turnaround time from minutes to under 5 seconds with >80% straight-through processing
Extract key metrics like balance, income, spend patterns, borrowing from other lender with AI
Eliminate duplicate transactions from multiple bank statements to ensure accurate analysis
Catch fraud with checks for tampering, fudging, and manipulation
Customers love HyperVerge!
Jio partners with HyperVerge for Swift Customer Onboarding
HyperVerge delivered way more than what was expected. Couldn’t have asked for more.
Kiran Thomas
President, Jio Telecom
CIMB is very proud to be associated with HyperVerge
Over the past year, we’ve had a phenomenal experience partnering with them for our eKYC journey.
Rachel Nguyen
Director, CIMB Vietnam
Fintech giant slice scales onboarding with HyperVerge.
Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.
Mahima Garg
Chief Risk Officer, Slice
MPL used HyperVerge KYC to stop millions of bad actors
We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge.
Krishna M Vedula
VP Payments, MPL
Can you flag transactions from the other lenders?
Yes. We can identify and flag inflows and outflows related to other lenders for better credit visibility.
Can you handle both digital PDFs and scanned bank statements?
Yes. Our system can processes native PDFs and scanned/image-based statements with high accuracy.
Do you flag suspicious or fraudulent statements?
Yes. We can detect anomalies, tampering patterns, and inconsistencies to flag potentially fraudulent documents.