Real-Time Identity Verification with RiskSeal Digital Credit Score
Alongside collecting 300+ data points through digital footprint analysis, RiskSeal provides advanced identity verification solutions.
Each transaction comes with unparalleled AI Face Recognition, Name Match, and Location Insights analysis in real-time.
AI Face Recognition analysis
During onboarding, RiskSeal verifies a customer's identity by comparing a selfie or ID photo with profile pictures found across social media and messaging platforms.
Common inconsistencies include:
In such cases, the customer may be flagged as suspicious and assigned a high-risk rating.
Location Insights
For advanced location intelligence, RiskSeal processes three different sources of location data: IP address, physical location, and GPS coordinates. Cross-matching the information from these sources can bring unique insights into the digital transaction.
Approved customer base growth
Identification of trustworthy customers from high-risk ones, even with low or no credit rating.
Proactive default prevention
Stop defaulting loans before they happen and avoid the cost of debt collection, or loss from no repayment.
Credit risk reduction
Real-time, accurate, and extensive data to spot default risk, even in underbanked areas or without access to a credit bureau.
IP analysis
Analyzing borrowers’ IP addresses, RiskSeal gets a set of different addresses, including:
RiskSeal compares the received information and uses the data to identify inconsistencies in the provided locations
Physical address and GPS coordinates
RiskSeal offers precise location details for buildings and facilities, indicating whether they are residential or commercial, along with specific types (e.g., hotel, bar, gas station).
In addition, RiskSeal provides statistical data on local crime rates and household incomes for specific areas.
Boost loan approval rates x2 with smart identity verification
Name Match analysis
Profile Names Verification
RiskSeal checks an applicant's name against their profiles on various social and digital platforms, considering spellingvariations and cultural differences.
Inconsistency Identification
Using different names across platforms can be a red flag, suggesting the use of someone else's credentials or false information.
Boost your customers approval rates x2
Approved customer base growth
Identification of trustworthy customers from high-risk ones, even with low or no credit rating.
Proactive default prevention
Stop defaulting loans before they happen and avoid the cost of debt collection, or loss from no repayment.
Credit risk reduction
Real-time, accurate, and extensive data to spot default risk, even in underbanked areas or without access to a credit bureau.
Creditworthiness assessment
Use 300+ data points and solvency metrics to identify creditworthy customers.
Onboarding and KYC
Save up to 70% of your KYC budget with effective pre-KYC identity checks.
Streamlined loan processing
Accelerate your loan processing time from days to mere seconds.
Industries RiskSeal serves
to enhance credit decisioning
Microfinance
RiskSeal utilizes digital footprint analysis, incorporating over 300 data points. This approach reduces default rates by up to 25% and enhances approval rates.
BNPL
With RiskSeal, BNPL providers get over 300 alternative data insights to combat synthetic fraud and fake accounts, reducing non-payment rates and growing the customer base.
Neobanks
Our solution provides neobanks with real-time creditworthiness assessments, leading to increased approval rates by up to 30% and reduced KYC costs by up to 70%.
Banks
We support banks with advanced data analytics, enriching data formore accurate credit evaluations and decreasing the likelihood ofdefaults by up to 25%.
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