The AI platform efficiently processes scanned or photographed documents, regardless of whether the information is printed or handwritten. It is a template free solution, allowing to handle a wide variety of submitted documents by automatically classifying each document type like application form, financial and KYC documents. After classification, advanced AI models extract data from each document, transforming unstructured inputs into a well-organized, structured representation of the customer’s data.

To ensure data consistency, the platform uses AI models to reconcile key information across multiple documents, detecting mismatches in demographic and financial details. It enhances identity verification with a face-matching module that compares the applicant’s photo from submitted form with images on official IDs like passports or national IDs. Additionally, customer signatures are matched against submitted KYC documents, if available, to validate authenticity.

An AI-powered validation engine, combined with rule-based checks helps in identifying discrepancies or missing information. Any inconsistencies are promptly flagged for manual review. By integrating a maker-checker process in this review stage, the platform enhances regulatory compliance, accountability, and transparency. By integrating with the bank’s core systems, the AI solution removes manual data entry, reducing processing time, improving accuracy, enhancing fraud detection, and ensuring regulatory compliance.