USE CASE FOR
Customer Onboarding
We enable organizations to accelerate the Omni Channel customer onboarding process flow journey by automating and optimizing the process by using :

Biometrics capabilities

Capturing accurate information
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Adhering to regulatory standards

Increase Your Customer Base Anywhere, Anytime
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With the use of mobile devices, technology has enabled banks to extend their presence outside of the location. It contributed to strong customer base growth and significant levels of overall financial engagement.
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PayNet's White Label Retail Onboarding process in banking offering enables banks to seamlessly onboard customers using a medium of their preference. Data capture gets easier, onboarding services are centralized, documents are captured, operations are geo-tagged, and the system connects with the necessary dashboard corporate systems.
Client identification with Seamless Data Capture & Extraction
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Collect customer’s data through manual entry or OCR (Optical Character Recognition) and Auto-filling of data from the scanned documents
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AI and ML features to support liveness detection
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Realtime data Verification with central repositories.

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Customer due diligence (CDD)
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Authenticate data with central repositories
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Verification of captured data for various blacklists and credit scores
Automate AML and Risk assessment
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Capturing occupation and source of funds to create risk rating

ADVANTAGES
Benefits from implimenting the solution were as follows

Reduced Cost-to-Serve
Automation of process reduces the overhead of manual interventions while increasing productivity

Enhanced User Experience
Digital enrolment provides greater flexibility and user-friendly interface decreases drop-out rates and increases customer acquisition
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Accurate Evidence Validation
Enhanced Customer due diligence process using AI, ML for banks and credit score reduces AML/ blacklist risk
Happy Clients

Payment Solutions
Banking Solutions
Company
Get In Touch
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