PrimeVer: Automated Customer Info Validation
Fast, accurate, and scalable data authentication for seamless KYC processes
Challenge
Tedious, risky manual checks
Customer data verification demands time. Verifying identity and address from multiple documents— government IDs, national IDs, and more – for a large volume of customers is long and tedious. Moreover, manually reconciling this information across systems leads to human errors, delays, and inconsistencies.
It slows down the entire onboarding process, increasing both risks and costs.
Customers demand speed. They want KYC verification, onboarding, and application approvals to be quick and completed in one step. PrimeVer bridges this gap between what KYC processes require and customer demand.
Product Overview
Transform to digital onboarding
Automate the multi-step process of validating customer information. Whether it’s ID proofs or data from application forms, simplify and accelerate reconciliation of customer data. Handle millions of customer records with ease, streamlining KYC.
Rely on advanced ML algorithms for 99.5% accuracy in data matches. Quickly confirm customer data is correct without manual checks. Ensure quicker onboarding, faster decision-making on both trusted and suspect cases, and reduce costly risks.
Benefits
Automate authentication across borders and from various sources like government ID, tax ID, & passport with language agnostic tool
Automate data validation with cutting-edge AI/ML powered technology and onboard users in 2 seconds
Reduce customer drop-offs with minimal verification steps and no delays in the onboarding process
Reduce customer friction and increase operational efficiency with digital onboarding
Quickly flag discrepancies and suspect cases to avoid fraud and compliance missteps
Use Cases
Accurate, real-time customer verification
Banking & Financial Services
Get an aggregated view of unknown relationships and linkages between customers and entities. Enhance your ability to understand interdependencies in diverse global markets
Insurance
Build a detailed knowledge graph or family tree to uncover suspicious motives like tax evasion and discover anomalies for comprehensive risk assessments
Telecom
Safeguard global business by exercising caution when dealing with relatives or associates of individuals and entities with a fraudulent history or non-performing assets (NPAs)
Government & Public Sector
Authenticate identity documents for citizen services, reducing human errors and improving service efficiency
Where PrimeVer
Faster, smarter, and cost-efficient onboarding
Precise and simple
The Impact
Solving current challenges, shaping the future
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