Bank Statement Analyser for 360-degree view of Financial Health
Leverage advanced AI and ML models trained on over 500 data points to assist banks and financial institutions in identifying red flags efficiently Try Now
Manual verification can be time consuming and prone to errors
Resource Heavy Process
Operationally inefficient, manual analysis is huge drain of costs, non-scalable and susceptible to errors.
Physical Document Submissions
Physical Account statement submissions are a huge hassle to maintain for compliance, and come with privacy concerns
Unconfirmed Authenticity
Manual processes are unable to identify tampered or unauthentic statements.
Utilize advanced analytics to obtain a comprehensive view of a customer's financial status, integrating multiple data points for thorough evaluation.
Leverages data on payment histories, transaction patterns, and account balances to offer a holistic view of financial status.
Collectes information across multiple accounts to give a holistic view of the financial standing of the account holder.
Can identify tampered statements and anomaly transactions.
Access to details like income and obligation, expenditure trends, derived information for underwriting all at the click of a button.
Improve risk assessment during the insurance underwriting process by analysing the financial behaviour and transaction history of applicants, leading to more accurate premium calculations and policy terms.
Verify employee expense claims by auditing bank statements to ensure compliance with company policies, reducing the likelihood of fraudulent or erroneous claims.
Automate the verification of customer identity & financial behaviour. This approach ensures adherence to regulary standards & mitigates potiential fraud risks.
Improve risk assessment during the insurance underwriting process by analysing the financial behaviour and transaction history of applicants, leading to more accurate premium calculations and policy terms.
A bank statement analyser is a tool that helps analyse and interpret bank statements. It automatically extracts transactional data from the statements to provide insight on the financial health of the account holder.
The bank statement analyser extracts data from native bank statements and aligns it to give meaningful insight on the behaviour of the account holder. The analyser also has the ability to combine the output for various accounts held by the same individual.
Financial insights, fraud detection, and data verification.
The Bank Statement Analyser is capable of creating excel, .csv and json outputs making it accessible to all kind of users.
