AI Use Case
Automate and simplify ID process involved in Know Your Customer (KYC) process for banks
Automate and simplify data identification, aggregation, extraction, verification and capture involved in KYC (Know Your Customer) process for banks.
Revenue - Sales effectiveness improvement,Revenue - Customer experience,Cost - Staff efficiency
Pockit~Pockit increases customer conversions by 15% using automated identity verification from Onfido,HSBC~HSBC tests automated information extraction system for global trade contracts,Commerzbank~Commerzbank plans to automate 80% of pre-compliance checks for trade finance transactions using machine learning
Structured / Semi-structured
Product Type - Vision - Face Compare,Product Type - Vision - Face Identification,ML Task - Prediction - Regression,ML Task - Prediction - Binary Classification,Machine Learning (ML)