How AIFISE Streamlined Aadhaar Processing for Leading NBFCs

As the financial services industry continues to evolve, the need for efficiency and compliance is more critical than ever. This was the challenge faced by two of India’s largest NBFCs, who sought out AIFISE for a solution to their Aadhaar document processing issues. One needed to eliminate delays from manual Aadhaar masking, while the other required effective Aadhaar verification for offline submissions. Our AI-driven solutions provided scalable, automated workflows for rapid, compliant document handling.

About the Clients & The Problem They Faced:

These two prominent NBFCs in India faced challenges with Aadhaar document processing.

Problem 1 - 
The first NBFC dealt with operational delays due to daily manual Aadhaar masking across thousands of documents. 

Problem 2 - 
The second struggled with authenticating Aadhaar documents, especially with offline submissions and inconsistent document quality. 
Both institutions required scalable and compliant solutions.

About AIFISE

AIFISE provides AI-driven solutions for Customer Onboarding, Fraud Prevention, and Identity Verification. With 99.9% accuracy in Face Match and OCR, AIFISE customizes KYC processes, enhancing digital security and customer experience for various industries.

Solutions We Offered

To address the challenges faced by our clients, AIFISE crafted two innovative solutions: 

Solution 1 - 
For the first NBFC, we developed an Aadhaar masking system that automatically identifies and masks the first eight digits of Aadhaar numbers. The system works efficiently across application forms and KYC documents in various formats, including TIFF, processing documents in real-time and batch modes with high accuracy. 

Solution 2- 
The second NBFC received a QR code verification solution that reads and validates Aadhaar QR codes while matching demographic data with application information. Advanced image enhancement technology improves readability for poor-quality QR codes, ensuring successful scans even from suboptimal submissions. 
Both solutions operate on a unified platform featuring CKYC capabilities like automated face matching, address verification, duplicate checks, and CERSAI file generation. This AI-driven approach ensures accurate document processing across all stages.

Results

Our solutions had an immediate and substantial impact. 
For the first NBFC, we processed over 100 million documents with a remarkable 99.2% accuracy, transforming their workflow from manual to automated within a week. 
And, 
The second NBFC achieved impressive results, with over 10 million Aadhaar QR codes scanned and verified at 98% accuracy. Real-time OCR matching reduced verification timelines, and image enhancement minimized QR code reading failures.

Get in Touch with Us

Experience the power of intelligent Aadhaar document processing with AIFISE. Whether you're looking to automate masking operations, enhance verification processes, or both, our solutions can be customized to meet your specific needs. Contact us to transform your workflow. 


Contact us to transform your workflow.
 

Phone: +91-9993239139 

Email: marketing.innodeed@gmail.com 

Website: https://www.aifise.com