PERFORM IDENTITY VALIDATION IN A JIFFY
Algo360 applicant validation module uses state of art facial recognition and computer vision algorithms developed in-house to perform Face Matching and information extraction with various accepted government issued proofs (Aadhar and PAN card. More on the way!).
The information extracted is then verified with NSDL and UIDI for validation of the proof and applicant. This intricate AI-powered engine paves the way for Instant Verification and Validation of the application, which is otherwise costly and time-consuming when performed traditionally. Thus, proving to be very fast and highly cost-effective, greatly improving the user experience by eliminating unnecessary hassle.
The module is available in the form of a quick, easy to integrate and ready to go web API and Android SDK. Once integrated a loan applicant/customer is required to click a selfie and a picture of his identity proof for the algorithm to perform the validation.