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Identification Document and Signature Identification using AI Models

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Overview.

Manual ID and signature verification create delays and errors in the mortgage application process.  Automating these checks with secure technology streamlines approvals, reduces errors, and frees up loan officers for more complex tasks. 

Challenges.

  • Identification Documents and Signature verification are important capability needed in multiple process within mortgage. 
  • Manual, time consuming and holds the process 
  • Chances of error is high 

Solution.

  • Applicants uploads many documents with photos 
  • New Applicants for loan, account, credit cards etc. Uploads document on bank platform / app 
  • Trained model on banks existing documents get these documents and validate them.  
  • Generate a credibility score 

The Impact.

  • Operationally easier to validate all data and photos. 
  • Quick responses and turnaround time 
  • Early detection of fraud 

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