APYLiD - Another piece of the puzzle to enable and end to end

APYLiD is an  electronic verification system which collects necessary and supporting information to verify the identity of prospective customers.   APYLiD uses biometrics, OCR (optical character recognition) and trusted data sources to validate customers names and addresses.   Verifying the captured data against multiple trusted sources ensures clients will meet compliance regulations, including obligations under global Anti-Money Laundering (AML) legislation. 

Negating the requirement to have signatures witnessed and documents certified by appropriate legal entities, APYLiD provides a flexible, customisable and integrated digital onboarding solution, that is simple and quick to complete, enabling the capture of customer information needed.

APLYiD does not  store personal information, but provides the mechanisms required to complete customer onboarding checks.   All personal information   is encrypted and data is temporarily hosted in a protected server until verification is completed, then the data is permanently deleted.

APYLiD's own standalone portal and flexible open API has afforded an optimal end to end customer onboarding solution for our clients utilising finPOWER Connect's  Web Services and Automation and Credit Enquiry Add-Ons.    APLYiD can be launched directly from  a  client's profile account manually,  or as part of a Workflow's Decision Card or Rule. 

The Business user performs a standard Credit Enquiry on their customer by selecting "Aply" as their Credit Bureau Service, then checks the customers name  and mobile phone number.    The customer receives a link via text message which steps them through the document scanning and biometrics process without the need to download an "App".  The link is sent via Text to enable the customer to access their camera in order to complete the biometric process. 

• The customer is prompted to take photos on their smart phone of their New Zealand or Australian drivers licence or their passport.
• APYLiD extracts information from the photos that have been taken and gives the customer the opportunity to correct any errors.
• The customer will be prompted to enter their current residential address.
• The customer is then prompted to take a short video of themselves (i.e., the front and side of the face).
• APYLiD's system matches the video against the photo on the customers driver licence or passport.
• APYLiD checks the information provided by the customer against various sources, which includes databases of government and financial institutions in New Zealand and Australia.