In the post-pandemic world, where contactless is the preferred mode, Modefin’s Digital Onboarding solution with AI@core eliminates paperwork associated with legacy banking. Enables seamless customer acquisition and simplifies the customer journey while reducing the chance of fraud. Potential customers use their mobile to verify identity, upload required documents, open an account and select their choice of products. It’s time to onboard new customers, more from the cloud and less from the branch!
value proposition Why Modefin’s Digital Onboarding Solution
Account opening can be initiated by the customer, agent or merchant
Reduces upto 90% of physical KYC costs and helps onboard customers from remote locations
In-built Liveness detection feature integrates facenets and computer vision for detection
Configured to pass / reject odd cases
The Facial Match is performed on the customer-provided ID document against the liveness selfie/video
Document Validation and OCR automatically extracts data from the provided ID and auto populates in the relevant fields in the backend IT system.
To learn more about Digital Onboarding download our brochure
Featured Blog Posts
Given the pace at which today’s digital customers function, businesses must implement
The traditional banking model has been dominated by physical branches, historically a