Industries served
Banking & Finance
Forget unauthorized transactions, personal data privacy issues and outdated customer experience.
Overview
![](https://testflextechng.com/wp-content/uploads/2024/03/Banking-finance-2.jpg)
Shocking statistics: the total annual value of fraudulent transactions is around €1.8 Billion, according to the latest European Central Bank (ECB) report. Without proper ID authentication systems, criminals start various banking activities with fake IDs or forged documents. Fortunately, smart technology is now available to automatically filter these out – also with some extra benefits for increasing customer experience.
Typical problems in banking & finance institutes:
- Unauthorized transactions with fake IDs
- No / low level of ID checks
- Employees are not experts of IDs
- Privacy risk: personal data on photocopies
- Easy transfer to digital tolling
- Low focus on customers due to lengthy typing
- Slow manual data input
- Incorrect data due to mistyping
- Foreign characters are impossible to type
- Outdated customer experience
Our ideas
![](https://testflextechng.com/wp-content/uploads/2024/03/banking_Anti-Money-Laundering.jpg)
Anti-Money Laundering
Filtering out fake ID documents is today a must-have in any AML policy – with professional equipment, it is done automatically within seconds.
![](https://testflextechng.com/wp-content/uploads/2024/03/banking.jpg)
No Data Errors in the System
Despite manual typing, ID scanners perform flawless data capture with an accuracy that no typewriter has.
![](https://testflextechng.com/wp-content/uploads/2024/03/Accurate.jpg)
Automatic ID Authentication
Professional ID scanners use sophisticated analysis to decide if a document is forged or genuine.
![kyc kyc](https://testflextechng.com/wp-content/uploads/elementor/thumbs/kyc-qkq1t27edj3wk0d3kn0fpc4uux3b7lh4hcdqnzh61c.jpg)
Real Customer Focus
Spend quality time with your customers instead of trying to register their data to the system.
![](https://testflextechng.com/wp-content/uploads/2024/03/Reliable.jpg)
Compliance With GDPR
All data remains in a closed and secure system that protects personal data. It is GDPR-ready.
![](https://testflextechng.com/wp-content/uploads/2024/03/Recognizes-foreign-characters.jpg)
Foreign Characters Support
The software recognizes a wide range of alphabets, even those you cannot find on your keyboard.
![LET’S-DO-THE-MATH LET’S-DO-THE-MATH](https://testflextechng.com/wp-content/uploads/elementor/thumbs/LETS-DO-THE-MATH-qkq1t7ufijbmho4wnpg74apmf8bihs3ii4anjn8t00.jpg)
Scanning in Seconds
No more typing: the scanner performs data input within seconds compared to the lengthy manual input.
Products for the bank sector
Smart scanner devices for gathering data automatically and verifying ID documents at a glance.
VIZ + AUTH Software Add-On
Neural network-based OCR for ultimate VIZ reading and ID authentication for Adaptive Recognition ID scanners
![](https://testflextechng.com/wp-content/uploads/2024/03/Authentication_Software_Reader_Products_2_420x280.png)
Appointment
Want to order a product or have a question?
Call us on +(234) 809-547-6507 or simply book an appointment