Perform customer authentication in real-time with state-of-the-art digital verification solutions. Our consumer verification services offer an accurate way of validating client information to ensure that your business is protected from fraud risks.
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Verify customer bank details digitally, online, and in real-time with bank account verification services (AVS). AVS online is the ideal means to accurately verify banking details during the onboarding process, mitigating the risk of fraud from the get-go of customer relationships and minimising the opportunities for fraudsters to enter your business systems.
AVS allows you to perform real-time account verifications across all major banks in South Africa as an online service.When onboarding new customers, AVS online allows you to swiftly verify banking details to prevent the submission of fictitious or fraudulent banking information. This service is available via the web, mobile or API integration, and can be used in-store or accessed from remote locations.
Our solution helps prevent fraud while streamlining customer, recruitment, and procurement onboarding, optimising workflows, supporting debt collection, and ensuring compliance with FICA, RICA, and KYC requirements.
● Identity Authentication
● Account Number Validation
● Account Status Check
● Account Age Check
● Contact Details Confirmation
● API Integration
● Remote Online Access
Trust your customers and suppliers
Prevent processing fictitious bank account information.
Save money
Avoid costly fraudulent transactions and increase revenue.
Reduce errors
Receive accurate validation results directly from banks.
Fast and Efficient
Cut long, tedious procedures short with real-time results.
Reduce Manual Intervention
Reduce the need for banking verification against paper documentation.
Capture customer bank details
Submit to bank for verification
Receive verification results
Retrieve digital bank statements from your customers in real-time. Statements are guaranteed to be authentic – eliminating potential document forgery and fraud.
Safely fast-track your onboarding process with real-time digital bank statement processing. Now, with access to reliable digital operations, you can ensure your business's financial and reputational security by reducing the risks of processing false statements. Through web and mobile access, your business has more flexibility than ever before, allowing you to authenticate clients in-store or remotely while remaining compliant with the POP| act.
Our solution enables seamless customer onboarding while supporting FICA, RICA and KYC checks, proof of income and employment verification, affordability assessments, AML compliance, fraud detection and prevention, and overall workflow optimisation.
● Real-time Processing
● Integrated with Major SA Banks
● Remote Online Accessibility
● POPI Act Compliant
● API Integration
● Web & Mobile Access
Trust Your Customers
Prevent fraud by receiving authentic documents from a reliable source.
Accelerate Onboarding
Prevent the processing of forged statements, reduce costs and increase revenue.
Save Money
Prevent the processing of forged statements, reduce costs and increase revenue.
Reduce Manual Paperwork
Eliminate the need for manual processing of paper-based statements.
Improve Data Accuracy
Receive accurate information with which to perform robust customer vetting procedures.
The customer is requested to log in to the portal using their banking credentials.
The customer chooses a bank account and requests the statements to be sent.
Digital bank statements, directly from the bank, are delivered via email in a matter of seconds.
Verify documents in real-time with digital document verification software.
In this day and age, document fraud poses a serious threat to organisations across the globe. Bitventure’s document verification software provides an advanced method to authenticate South African and foreign documents including IDs, passports, driver’s licenses and work permits.Our intelligent software solution supports over 3500 different types of official documents, in multiple languages, from various countries. The sophisticated OCR technology extracts detailed customer attributes and verifies them against international security standards.A digital solution produces optimal results. This real-time digital service allows for document authentication and verification in under 60 seconds, accelerating the customer onboarding process.
Document authentication provides an advanced method for the verification of official documents such as IDs, passports, and driver’s licences. Authenticate South African as well as foreign documents against international security standards. The digital document recognition software allows for verification within seconds, optimising the onboarding process. Integrate digital document authentication and verification into your business processes to detect and deter fraud.
● Real-time processing
● Omnichannel verification
● Fully customisable
● POPI Act compliant
● Remote online access
Deter Fraudsters
Prevent the submission of fake official documents by fraudsters.
Get Accurate Results
Cutting-edge technology extracts the best possible image quality to ensure accuracy.
Save Time and Money
Cut costs and accelerate the document authentication process with a digital and automated solution.
Verify Remotely
Authenticate customer documents anytime and anywhere through the online application.
Reduce Manual Paperwork
Reduce the need for manual processing and physical document handling.
Select the document type and continue to scan the document.
Submit the data to be verified against international security standards.
Receive comprehensive verification results in less than a minute.
The PEP screening process: Calculating customer risk scores for secure onboarding.
Businesses, especially those in the financial sector should find it in their company’s best interest to perform PEP screenings on their high risk clients. Politically exposed persons screening, or PEP screening, is the act of cross-checking individuals in positions of power against international watchlists, including sanction lists, to determine their risk score. Due to their influence, these PEPs generally have a higher risk of becoming involved in fraudulent or corrupt activities, making it essential for businesses to inspect them in order to ensure secure onboarding.Bitventure’s software solution allows you to identify PEPs, conduct AML PEP checks, and calculate the risk that they pose to your business, all through a real-time digital risk scoring service.The easy-to-use application returns comprehensive PEP reports containing the PEP’s verified personal information, a risk score, applicable watchlist types, and a watchlist status summary. Such results empower you to make better-informed decisions when onboarding new customers and suppliers.
The PEP Screening process uses software solutions that screen individuals against PEP watchlists from ‘Sanctions’ to ‘Most Wanted’ lists. These lists are updated daily to remain relevant and accurate. The risk levels of individuals are then determined through the recency and frequency of their names appearing in adverse media. Statuses can also be monitored on an ongoing basis whereby watchlist updates can be received daily. This service can be used through an online portal or can be integrated via API into existing workflows.
● Real-Time Screening
● Daily Updated Watchlists
● Ongoing Customer Monitoring
● Auto-Generated Reports
● API Integration
● Remote Online Access
● POPI Act Compliant
Reduce Risk
Avoid onboarding high-risk consumers and fraudsters.
Save Money
Prevent fraudulent transactions, reduce costs and increase revenue.
Save Time
Cut time-consuming screening procedures short with real-time results.
Reduce Errors
Cut time-consuming screening procedures short with real-time results.
Reduce Paperwork
Reduce the need for manual paperwork and physical document handling.
Enter the customer’s or supplier’s name and surname.
Submit the details to be traced against global PEP watchlists.
Receive the risk score and status in a matter of seconds.
Accelerate the customer credit vetting processes with real-time credit score services.
Safeguard your business against risk through credit screening processes with Customer Credit Score Services - realtime software solutions that can be integrated into any system via API. Credit Scores are calculated based on bureau data and serve as a financial conduct indicator that helps you to vet your customers quickly and efficiently. Check each customer credit score to determine the probability that customers will maintain good accounts with your business.
ur solution supports comprehensive customer credit vetting and onboarding, including procurement onboarding and workflow optimisation, with credit scores derived from personal loans, credit cards, store accounts, cellphone contracts, home loans, and vehicle finance.
● Real-time results
● Informed by bureau data
● API integration
● POPI Act compliant
Accelerate vetting
Perform customer credit screening in minutes by requesting a digital real-time credit score.
Eliminate Human Error
Remove human error from the equation with an automated digital process.
Work with data you can trust
Accurate scores are calculated based on reliable credit bureau data sets.
Reduce Errors
Receive accurate and up-to-date PEP reports from global watchlists.
Reduce Risk
Identify high-risk customers and mitigate risk associated with bad credit.
Capture the customer’s ID number.
Submit and request a digital score calculation.
Receive a credit score – the higher the score, the lower the risk.
Protect your business with innovative solutions.
