Overview
The AriadNext automation processor facilities customer verification processes by validating identity documents and automatically populating entity records in FintechOS applications with text extracted from document scans or photos. Customers can take a picture of their ID card or upload an existing one from their device. The identity data is then captured, examined, and validated based on the automation processor's settings. Once the scanning process is complete, the customer's record populates with their personal information.
All document scans that AraidNext handles are processed and transferred under strict, GDPR compliant, safety policies. Data from AriadNext can be deleted manually from the AriadNext account.
This solution benefits banking and insurance scenarios such as digital onboarding, Know Your Customer (KYC) processes, identity verification processes, and much more.
Key Features
- The ID validation process prevents identity fraud with document verification and facial biometrics.
- Data extracted from documents no longer needs to be added manually.
- Speeds up Know Your Customer (KYC) processes.
- ID cards and documents are captured and checked in real-time without any manual intervention.
Applications
AriadNext can be implemented to simplify paper-driven financial or insurance processes, such as:
- Customer onboarding
- Account opening
- Loan applications
- Compliance related processes
- Claims handling
- Mortgage processing