x-Biz Techventures Private Limited Launches "TrueCheck.ai"
May 15, 2024
New Delhi [India], May 15: In today's fast-paced financial landscape, banks, financial institutions, and insurance companies face a critical challenge: distinguishing genuine customers from fraudsters. With the increasing cases in identity theft and document fraud, verifying customer identities has become increasingly complex, especially during the on-boarding process. These institutions handle a tons of customer documents daily, spanning departments like loans, accounts, and insurance policies. Fraudsters exploit this vulnerability by presenting fake documents, resulting in significant losses for both companies and customers.