Customer Due Diligence For Compliant Onboarding

What is customer due diligence
‍Automated, accurate verification at scale

Customers want instant approval. Businesses need to mitigate risk. Posidex’s Customer Due Diligence made both possible more than a decade ago with straight through processing (STP).

The AI and ML-powered solution performs demographic checks and vets’ prospects against customer data, data from fraud, rejection, and negative databases. Working in real time, it enables instant consumer loans.

Step 1: API integrations seamlessly fetch details to perform real-time authentication of customer IDs, followed by demographic match

Step 2: Prospects tagged as existing or a new customer or a part of a fraud reject or reject database

Step 3: Complete consequent onboarding steps based on tags in less than 1-second

Step 1: API integrations seamlessly fetch details to perform real-time authentication of customer IDs, followed by demographic match

Step 2: Prospects tagged as existing or a new customer or a part of a fraud reject or reject database

Step 3: Complete consequent onboarding steps based on tags in less than 1-second

Features

State-of-the-art customer verification

Contactless

Demographic checks with authentication scores

Cloud Enabled

And subscription-based for higher return on investment

Seemless Integration

API and SOA driven for quicker implementation

Why Customer Due Diligence

Speed up risk-based decisioning

ML model trained on

5 billion customer data

Fewest false positives with

99.5% matching accuracy

Very high throughput with

Real-time responses