Friday, December 12, 2025
11.7 C
London

AIO ID verification tech: Comes to Finastra FusionFabric cloud platform

  • AIO Verified Financial Identity announced the availability of its financial identity verification technology via FusionFabric.cloud
  • Finastra and AIO help banks meet the heightened demand for business loans due to COVID-19 using a digital customer onboarding experience
  • In challenging times, banks struggling to meet the demand for the increased volume of business loans submitted
  • To establish a customer’s financial identity and meet KYC/KYB regulations, banks require applicants to collect many documents
  • AIO accelerates customer onboarding by up to 80% SaaS platform automates the collection and verification of digital financial documents
  • The customer-centric digital experience comes with built-in fraud prevention and privacy by design and provided as a standalone solution

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

The acquisition aims to provide seamless payment solutions for...

BIS and Central Banks Trial Post-Quantum Cryptography for Payments

Exploring security solutions for the future of digital transactions. Highlights:...

Mollie Set to Acquire GoCardless in Strategic Fintech Expansion

This acquisition promises to enhance payment solutions for businesses...

Tandem Bank Appoints Former B CTO as Chief Technology Officer

Strategic leadership shift aims to enhance Tandem's tech capabilities. Highlights:...

Bank of England Invites Business Feedback on Digital Pound Development

Engagement from businesses is crucial for shaping the future...

BNY Mellon Enhances Eliza AI Platform with Google Cloud Integration

A strategic move to elevate AI capabilities in financial...

OBL Reports Surge in App Fraud Targeting Open Banking Payments

Understanding the impact of app fraud on the fintech...

WTW to Acquire Cushon from NatWest for Enhanced Fintech Offerings

Strategic acquisition aims to bolster digital financial services portfolio. Highlights:...
spot_img

Related Articles

Popular Categories

spot_imgspot_img