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Report gives you a glimpse of the major areas where recomposing banking will create significant impact and value, Infosys Finacle has put together a report on..
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GIEOM Validator is a sophisticated Artificial Intelligence powered document verification engine that extracts, assesses and classifies all the mandatory fields in customer hand filled application forms scans. It also auto classifies all the supporting KYC documents provided along with the application form.
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App Screens
Key Features
Template Setup
Form Templates for different processes in the product lifecycle can be setup with rules for processing different data types. Eg: text, tick, signature , photo fields etc.
Key Features
Image Processing & Classification
Form scans are uploaded, converted to standard format , split into pages, de skewed, page sequence verified , fields cropped , compared to template . analyzed based on ink colour, handwriting, pixel density and classified as filled or not filled.
Key Features
KYC Document Classification
Different document types can be identified and tagged. Eg: Drivers License, Voter ID, Passport etc
Benefits
Higher customer acquisition translating to higher revenues
Discourage fraudulent account creations and reduce losses
Speed of verification significantly improves the turnaround time to process new application form resulting in superior customer service TATs , lower back office staff requirement, lower outsourcing cost.
Deliver higher accuracy in compliance in the processing of customer on-boarding & KYC Verification
Organizations can move head count of staff involved in document verification to more value-added tasks
API based document & KYC verification which integrates with core systems and enables straight through processing of many processes which results in minimum human intervention
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