User-Friendly Bank
ID Verification Software
for KYC

Onboard bank customers quickly and legally with FTx Identity’s ID verification software for banks. With our advanced biometric identity verification process, banks can protect customer data and uphold their reputation.

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Bank (ID) Identity Verification Solutions for KYC
Bank Identity Verification Software

Revolutionizing Banking Experiences with FTx Identity

Our AI-powered bank ID verification software makes banking a breeze for customers, blending convenience with pinpoint accuracy

  • Access background data instantly, giving you full transparency before making significant decisions like approving a home loan or financing a business
  • Enjoy easy identity verification with our user-friendly selfie verification feature, ensuring quick and hassle-free validation
  • Connect your bank effortlessly to the user-friendly FTx Identity app for a smooth and efficient ID verification experience for your customers
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Why Identity Verification in Banks Is Essential

FTx Identity helps banks and fintech companies design fast, secure, and user-friendly onboarding. Use our platform to verify your customers and make your business more efficient.

  • Verify customers fast in accordance with AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.
  • Reduce fraud and identity theft risk with advanced ID proofing. Use selfie verification to stop presentation attacks in their tracks.
  • Make faster, data-driven risk assessments for loans and other financial services. FTx Identity provides fast and accurate AI-based ID confirmation.
Identity Verification for Banking Sector

Solving Digital Verification Challenges in the Bank Sector

FTx Identity helps tackle the challenges of running a bank online with a smooth and effective verification process.

  • Create fast, secure customer onboarding processes, while automating customer record keeping
  • Manage compliance risks and procedures with our identity analytics back office software
  • Reduce identity theft risks with ID proofing in minutes
  • Cut down transaction processing times with faster verifications and a user-friendly process

Shield Your Bank, Stay Compliant, and Prevent Fraud with FTx Identity

Banks hold the hard-earned cash of many folks, kicking off dreams like buying a home or kids saving for that dream dollhouse. But watch out for scammers who could mess with these goals and jeopardize your customers’ identities. Rest easy knowing we’ve got your customers covered with our AI-based multi-stage identity verification for banks.

6s

Get Instant Verification

10K+

Documents Covered

95%

Verified on the First Try

40

Languages Supported

No Need for Manual Entry and Paperwork

No Need for Manual Entry and Paperwork

The automated bank verification process of FTx Identity is a total game-changer! It speeds up opening new accounts, getting loans, and handling financial transactions. This innovative solution guarantees quick and dependable verification, making banking processes smoother and improving user experience!

Better Fraud Prevention in Banking

Better Fraud Prevention

Imagine a top-notch identity verification tool like FTx Identity as your digital bouncer, spotting and kicking out folks trying to sneak into accounts with fake IDs or stolen information. This tough system plays a key role in keeping fraud in check and making sure transactions are safe for users.

Increased Customer Confidence

Increased Customer Confidence

Knowing their bank has strong security measures thanks to FTx Identity can really boost customers' trust in the financial institution. This trust not only helps keep customers around but also makes them feel secure and at ease when using banking services.

Frictionless Customer Experience

Frictionless Customer Experience

Once customers are verified through FTx Identity, they can seamlessly breeze through with quicker logins and approvals for various transactions, including convenient mobile deposits that enhance their banking experience.

Improved Regulatory Compliance

Improved Regulatory Compliance

Dealing with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations is more efficient through FTx Identity’s automated verification. Automation enhances compliance, reduces errors, and boosts operational security. This approach saves time, improves accuracy in customer identification, and strengthens the regulatory framework.

Reduced Operational Costs

Reduced Operational Costs

Automating ID checks in banking helps. It saves time for staff and frees up resources for important tasks, all while cutting costs for the bank. By making this process smoother, the bank can run more efficiently, use resources better, and boost customer service and performance.

Discover FTx Identity’s Digital ID Verification Process for Banks!

Our bank ID verification software offers tools for quick and precise services, like document verification and biometric authentication. It’s great for identifying customers in a snap!

Online Banking Identity Verification
  • Users send in a selfie and an ID photo
  • OCR extracts the data
  • FTx Identity uses AI to verify the face and document
  • Get real-time verification results
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Keep Up With The
Regulations Of Your
Industry

Identity solutions for eCommerce and retail businesses offered by FTx Identity are secure, and the information is stored in a cloud-based digital vault. Data is stored in encrypted form, which only the end-user can access.

Fast and Easy API Integration

Utilize our user-friendly SDK to develop age-restricted software
solutions and websites and offer a unified login system.
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Frequently Asked Questions

Banks rely on identity verification technology as a double shield, stopping fraud and money laundering by confirming a customer’s identity (KYC rules). This not only protects their funds but also fights identity theft by blocking criminals from opening accounts in their name. It’s all about trust and securing their money.

Banks usually rely on a mix of these identity verification technologies:

  • Knowledge-Based Authentication: This checks personal details, such as past addresses or previous loan information.
  • Document Verification: Software scans IDs like driver’s licenses or passports to ensure they’re legit.
  • Biometrics: Facial recognition, fingerprint scanners, or iris scans are now used to match physical features with stored data.
  • Data Verification: Banks might cross-check information in external databases to validate details like addresses or places of employment.
Absolutely!

Digital verification makes life easier by reducing the need for in-person visits and paperwork. Banks can verify identities in minutes (or even seconds with FTx Identity!). This saves time and simplifies the process compared to the slower traditional methods that could take days.
Yes, digital verification at banks is usually safe. Banks have robust security measures and encryption to safeguard your information.

However, no system is flawless. Watch out for scams (never share information in unexpected emails/calls). By staying alert, you can enjoy the perks of digital verification, such as quicker account setup and transactions.