VERIFIED FINANCIAL IDENTITY VAULT
Turn Identity Trust to Value
AIO technology stack helps your customers
on-board, submit loans applications or access services simply, securely and privately, by leveraging their access to any data source.
Reduce abandonment and paperwork and increase client satisfaction and trust.
AIO enables financial institutions to provide their clients with a secure environment to collect and submit data and documents from any digitally reachable source. Even sources without APIs who provide only PDF printouts are accessible without integration. It reduces friction, fraud, privacy intrusion, and provides quick access to services.
AIO licenses its technology stack to financial institutions to enable streamlining and automating the client digital identification and document collection process through a portable identity vault that is privacy protected and simple to use. It provides commercial and retail clients with:
Clear visibility on where they’ve progressed in the process,
Guiding them through the required data and document collection workflow.
Helps verify and submit their data to financial institutions in a seamless digital process.
Simultaneously, it extracts and feeds the data into the bank’s data warehouse.
AIO provides a truly customer-centric approach delivering a new experience to the consumer, that is inline with privacy regulations and the public's growing awareness of the value of their data and the importance of their privacy.
Our unique technology stack renders any website reachable by the client into a simple data source (IRS Tax Returns, Secretary of State, Supplier Portal, Utility Co, etc.). Our technology verifies the source and immutability of the document without the need for document issuer’s participation. Documents and data are encrypted using the customer private key and saved in the client’s financial identity vault. The data is authenticated, verified and easy to consume, reducing processing time and providing a clear audit trail.
During the onboarding process more than 52% abandon the process due to the complexity in collecting and submitting documents and supplementary data. This semi-manual onboarding process is not only slow, but also results in lost opportunities.
the On-boarding process
More than 25% do not sign-off
Know more about your customer
Enable your customers to collect data and verifications from trusted institution and submit loan application and supporting document in a few clicks.
No Further Verification is required
Fast turnaround time
Create dynamic risk assessment models
Increased operational efficiency by turning a manual and paper-based process into a fully automated digital and secure process.
Accept a broader set of customer data points to re-model risk assessments.
Less loan application rejection
Wider inclusion of borrowers
Building lasting customer relationships by protecting their client’s digital identity via strong encryption and a secure personal data vault.
Improve conversion rate
Reduce verification costs
Save data aggregators fees
Immediate Measurable Value
Meet The Team
Co-founder & CTO
Founding team and VP of R&D at StartApp. Partner with more than 400,000 applications and scaled to over 1B MAU for its mobile SDK and APIs. Data-Collection technology.
R&D team lead at NewAct which was acquired by Amdocs.
Holds a B.Sc in Information Systems Engineering from the Technion cum laude.