Identity Verification

Speed up applicants’ identity verification through submitted documentation and data. Streamline Customer Identification Program (CIP) requirements for faster customer on-boarding.

Why it is important

The process of opening a new account is an important opportunity to make a positive first impression on potential customers. Customer identity verification is a major part of this process and involves various steps that are data-intensive and heavily regulated.

 

Businesses must ensure that the process of opening an account is quick and seamless for their customers.

What needs to be improved

The traditional validation process is complex and labor-intensive, requiring considerable manpower to manually complete. This high degree of manual activity increases the risk of human error, affecting customer experience and regulatory compliance.This can hinder customer experiences, cause delayed responses, and increase labor costs as errors must be corrected.

How Alindus can help

Our cloud-based Intelligent RPA provides a more efficient, cost-effective, and compliant solution for complex validation processes. Our solution:

Capabilities

Extracts pertinent data from documents

Retrieves data from internal and external systems

Reconciles data to uncover discrepancies

ensures accuracy and regulatory compliance

 

We make entering manual journals easy and fast, allowing your employees to focus on more valuable, complicated, and non-routine tasks.

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