TrustTier.ai, a groundbreaking AI-powered Offline Compliance and Audit Platform from x-Biz Techventures Private Limited, is designed to revolutionize risk management within the Banking, Financial Services, and Insurance (BFSI) sector. The platform tackles the pressing issue of identity theft, document fraud, and data breaches, which are increasingly prevalent in the digital financial landscape.
In today’s digital financial landscape, banks, financial institutions, and insurance companies face a significant challenge: protecting customer identities. With the growing prevalence of identity theft, document fraud, and data breaches, safeguarding sensitive customer information has become increasingly complex. These institutions handle a vast number of customer documents daily, spanning departments like loans, accounts, and insurance policies. Fraudsters exploit system vulnerabilities by stealing or accessing Personal Identifiable Information (PII) such as Aadhaar, PAN, and banking details, resulting in substantial financial losses for both companies and diminished customer trust.
TrustTier.ai, available on both ‘On-premises’ and ‘SaaS’ platforms, addresses these challenges by offering a comprehensive solution for identity verification and fraud detection. x-Biz Techventures Private Limited, with its proven track record in the BFSI sector through its PII Scanner Platform, has developed TrustTier.ai to provide unlimited usage at a fixed cost. The platform is ideally suited for industries such as banking, insurance, telecom, and small investment firms, enabling them to enhance PII security and verification processes.
Pushkar Singh, Associate Director at x-Biz Techventures Private Limited, highlights the platform’s capabilities, stating, “TrustTier.ai integrates advanced computer vision technologies such as AI-driven document tamper detection, auto classification, face-signature matching, audio-video liveliness detection, paperless and cross-document verification, audio-video transcript, video spoofing detection, translator and PII Masking.
These features empower financial institutions to authenticate genuine customers while preventing fraudsters from exploiting the system. They also enable secure storage and sharing of data without compromising PII.
In addition to bolstering security measures, TrustTier.ai streamlines various processes, including Aadhaar-PAN masking, video KYC automated auditing, automated legal document-contract review, customer liveness verification (Audio, Video and Document), and financial fraud prevention. By eliminating the dependency on online solutions and leveraging advanced offline techniques, TrustTier.ai ensures that only genuine individuals complete verification, significantly reducing the risk of identity and financial fraud.
The platform’s seamless security of customer identity and banking details, coupled with robust fraud detection and prevention measures, proactively enhances data security and compliance. This proactive approach minimizes the likelihood of data breaches and ensures the integrity of customer information.
“TrustTier.ai prioritizes swift, easy, and secure customer auditing and compliance processes to meet the evolving demands of the digital banking and fintech landscape,” emphasizes Pushkar Singh. The platform incorporates features such as PII masking, auto-form prefilling, intelligent document recognition, KYC and financial auto underwriting, liveness and Spoofing, Paperless Verification to streamline user auditing and data security. These enhancements contribute to proactive security efficiency while minimizing friction for both companies and customers. TrustTier.ai is fortified with India’s largest volume processor, boasting a 99.9% redaction accuracy rate on Aadhaar number, barcode, QR code on Aadhaar card, custom template, zip file, video file, email attachment, and Outlook scan, ensuring robust compliance security without compromising user experience. With a single-click-run verification and auditing platform, x-Biz Techventures Private Limited streamlines the entire PII data security process in real-time, thanks to its AI-assisted Engine.
As the banking, insurance, and financial industries navigate the complexities of digital transformation, x-Biz Techventures Private Limited remains dedicated to empowering businesses with a robust Identity Verification, Fraud Detection and Prevention Platform. By addressing the industry’s most pressing challenges, x-Biz Techventures Private Limited facilitates secure, efficient, and compliant data security and masking processes, thereby driving success in the digital era.
Media Contact
Pushkar Prakash
1800-266-8575
112,118-120 IJMIMA Complex, Mindspace, Malad West, Mumbai – 400 064
Source :x-Biz Techventures Privet Limited