What is iStart?
iStart, developed by iSolve Technologies, is a RegTech platform designed to simplify digital onboarding, KYC/AML processes, and identity verification for financial institutions like banks, NBFCs, and insurance companies. Key features include RBI-approved Video KYC for remote customer onboarding, AI-powered facial recognition to detect fraud, and seamless regulatory API integrations for quick document verification. It also offers intelligent AML/KYC checks for fraud detection, automated data extraction via ICR/OCR, and customizable business reports. iStart provides a document management system for secure storage and e-signature integration for consent-based authorization. Additionally, its de-duping functionality ensures accurate customer records by identifying duplicate information in real-time, enhancing data quality and compliance.
Overview of iStart benefits
-Streamlined Onboarding: iStart enables remote, paperless customer onboarding within 60 seconds through Video KYC (V-CIP), improving customer experience and reducing branch dependency.
-Enhanced Fraud Prevention: The AI-powered facial recognition system, including liveness detection, retina, iris, and voice analysis, ensures genuine customer identification and prevents fraudulent activities.
-Regulatory Compliance: With advanced API integrations for document verification and seamless KYC/AML checks, iStart ensures adherence to regulatory standards, minimizing compliance risks.
-Operational Efficiency: Automation of data extraction via ICR/OCR reduces manual errors and speeds up processes, enhancing productivity and accuracy.
-Improved Data Management: The built-in document management system secures customer data, ensuring easy retrieval and compliance with data protection laws.
-Insightful Analytics: Customizable dashboards provide real-time business insights, helping organizations make data-driven decisions for better customer engagement and risk management.
