Negating the need to compromise between security and user experience for remote client onboaring

Session Details

From in-branch client onboarding using fingerprints for identity verification, a leading consumer finance company needed to fully automate their client onboarding. Using facial biometrics, Innovatrics technology was deployed to build a user-friendly mobile app that works remotely to decrease abandonment rate and prevent fraud. Their clients can now complete onboarding and access consumer loans in under 7mins. The system has processed over 20 million onboardings, successfully preventing fraud.