Frictionless Mobile Onboarding
In your pursuit of solutions that satisfy market’s growing expectation of simplicity and convenience, consider this: you can now offer a customer onboarding process as fast and simple as asking your customer to take a picture of his ID with his mobile device. What once took hours of paperwork and manual intervention can now be done in about 10 seconds. No pen, no paper--no kidding.
Once you receive the customer’s ID photo, Kofax Mobile ID extracts the data and prefills a form for a fast and frictionless customer onboarding experience.
Document Verification, Identity Verification, and More
Kofax Mobile ID can be implemented on its own or combined with the Kofax Onboarding Agility framework, which supports communication with any external service:
- Document verification services to validate the document as real and unaltered.
- Identity verification services to ensure the person is a real person.
- Fraud, AML, and other sanction databases and watch lists for KYC compliance
- Income verification and credit score services to determine if the applicant is a good fit for your business.
All of this is, along with workflow and intelligent decisioning, is powered by the Kofax TotalAgility Platform. This robust and extensible platform is highly configurable to meet the needs of your business and satisfy the regulations of your market.
With the introduction of on-device OCR (optical character recognition) capabilities, on-device data extraction eliminates both network and server latency and provides customers with an instantaneous and frictionless onboarding experience.
Measuring and analyzing the performance of mobile capture solutions is critical, which is the idea behind Kofax Analytics for Mobile®--a collection of pre-built, interactive dashboards developed on top of Kofax Insight, a powerful enterprise class analytics tool. These visual, interactive dashboards provide enterprises the data and drill-down options to track and analyze the effectiveness of their onboarding implementation.
A Globally Relevant Solution
Kofax Mobile ID offers international support of the following types of documents:
- Driver licenses (also extracts data contained within barcodes)
- Passports (extracts and parses MRZ)
- National ID cards
The Kofax Advantage
In addition to Mobile ID for onboarding, a flexible mobile platform includes pre-built solutions for enabling customers to deposit checks, enrolling customers for bill payments, and extracting information from payment cards to fund a new account or pay for goods or services. The Kofax platform also extends support to an unlimited number of use cases via a powerful toolset that enables enterprises to develop custom data extraction projects and retain their IP.
Click here to schedule a discovery call and find out how the Kofax Mobile ID can enhance your onboarding solution and delight your customers.