AI-led Automation for
Account Opening and KYC
Applicants email essential documents: application form, driver's license, and proof of address
Classification
Attachments are classified into the corresponding document types
Extraction
Relevant data is identified and transcribed into machine readable text
Validation
Document data is validated against internal CRM and other business rules, such as address validation, date of utility bill within 90 days
Enrichment
Sentiment analysis of the applicant’s email identifies negative sentiment, providing an opportunity for customer service outreach
The completed application is approved or rejected, and the customer is informed of the outcome
Input
Human-in-the-Loop
Output
The process of opening a new account is very data-heavy, relying on information provided on multiple documents formats. It involves many steps, and is heavily regulated. A quick and frictionless digital onboarding experience is now crucial for competitiveness and customer loyalty.
Increase Operational Efficiency
Automatically extract and validate data from any document to open accounts quicker, with seamless human-AI collaboration.
Enhance Customer Experience
Let AI handle complexity and high volumes, reducing delays and friction for a smoother onboarding journey.
Trust Your Results and Reduce Risks
Our proprietary AI models are trained to understand your business and ensure the accuracy of data, lowering risks.
CI Financial Streamlines Account Opening
See how CI Financial transformed its inefficient manual account opening process and increased automation rates to over 98% and boosted processed documents by 253%.
TD Ameritrade Quadruples Throughput Within the First 4 Weeks
See how TD Ameritrade was able to double processing speed with fewer data keyers, quadrupling throughput within the first month.
Cornèr Banca Streamlines Data Processing with Enterprise AI
See how Cornèr Banca optimized their workforce by removing the need for slow and error-prone data entry.
Foresters Financial Leans into AI-Powered Automation for Increased Efficiency
See how Foresters Financial automates document processing freeing up staff to focus on customer-facing activities.
