Seamless Onboarding with AI-Powered Verification

Identity Verification: Ensure the accuracy of customer information, by verifying details like addresses, IBANs, national IDs, or commercial registration numbers against trusted sources such as government registries and official databases. Utilizing authoritative resources to enhance the integrity of your verification process.

Income Verification: Unlock real-time comprehensive income data to streamline your verification process. Gaining access to financial data to empower efficient and accurate.

Depending on the type of customer you are trying to verify, the information shared will be compared against specific trusted sources. Such as Yakeen for Individuals and Wathq for Organizations. Once the data is uploaded, then our AI technology cross checks it with the trusted source’s database to authenticate the accuracy of this information.

One method to verify a customer’s income is through Open Banking. In this approach, customers consent to share their data via secure APIs. FOCAL then retrieves raw transaction data from the accounts and employs sophisticated algorithms for income detection and verification. This process results in a detailed verification report that includes a breakdown of income and other details. If, however, there is a need to verify specific aspects of an individual’s income, such as solely their monthly salary, simpler alternatives are available. These include native integrations with trusted data providers, offering a streamlined and efficient means to access targeted financial information.