Automated Frictionless Digital Customer Onboarding
Digital Customer Onboarding enables banks and AMCs to conduct complete KYC verification checks and identity authentication in a way that minimizes costs and TAT significantly. Also, AML/CFT checks help to ensure there are no false positives. Our platform provides automated mutual funds solutions for onboarding customers.
Our solution achieves this:
- AI-enabled facial recognition, data extraction and other advanced technology ensuring secured Digital KYC process.
- Proprietary ID verification system screens the transactions for identifying and eliminating fraud threats.
- AML compliance checks ensure seamless integration & compliance with the legal mandates. It also updates the banks about changing regulations.
- Our automated mutual funds solutions assists banks & AMCs with quick onboarding of SMEs reducing the customer onboarding time from several weeks to a few hours.
- Speedier completion of this digital onboarding process saves a significant amount of cost and resources of banks.
- Conducting vital KYC verification of customer documents helps to rule our identity frauds.