With FTx Identity, you can enjoy automated IDV while avoiding time-consuming and manual data entry and KYC procedures. Improve customer onboarding time, increase customer conversions, and eliminate drop-offs with helpful data extraction tools.
Businesses can use FTx Identity’s real-time data extraction software to use auto-fill forms that extract a customer’s name, address, and other data fields from NIDs, significantly lowering drop-off and form abandonment rates. Our AI ID verification platform also validates retrieved details from regulatory databases without interfering with documents, while maintaining worldwide data privacy requirements by not storing extracted data.
Say goodbye to data entry headaches! Streamline your business processes with our innovative and powerful OCR data extraction tools. Get rid of forms that are laborious, time-consuming, and error-prone by using a platform built for ease of use, resulting in lower abandonment rates and reducing customer onboarding time and expenses.
Identity fraud is a big problem these days, and with FTx Identity’s built-in image blurriness check, you can easily identify any discrepancies. Be informed each time there is a skewed, blurry, or disoriented image at the beginning of the onboarding process to recognize discrepancies and potential security threats with our AI data extraction tools. This also saves your operational teams the time and effort of contacting customers if data was unclear or information was lacking.
While it provides convenience and speed to the customer onboarding process, FTx Identity’s AI-automated identity verification platform is designed to meet global standards for data security and privacy by ensuring that extracted data, NIDs, and OVDs are not stored.
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