SalaryDost selects IN-D to power Digital On-boarding & Credit Decision Making using Bank Statement Analyzer

 

PRESS RELEASE July 8, 2020 – IN-D’s Artificial Intelligence-powered algorithm makes the customer onboarding and credit analysis seamless, scalable, and secure. IN-D’s Digital KYC meets the strictest Infosec regulations and data security requirements and supports low-internet scenarios too, making Customer Onboarding seamless. IN-D has Video KYC, Digital KYC, Bank Statement, and Financial Statement Analyzer available as products for digital lenders.

 By integrating IN-D’s Artificial Intelligence-powered Digital KYC and Credit Analysis technology, SalaryDost ensures a seamless and secure user experience.

IN-D’s Digital KYC onboarding supports all KYC documents including Aadhaar Card, Pan Card, Voter ID, Passport, Driving License, Utility Bills which will help the SalaryDost’s customers to complete onboarding in less than 2 minutes, assisted by Artificial Intelligence along with the validation done against the Government database.

Along with this, salary dost will use IN-D to automate credit decision making by using IN-D to analyze Banks Statements and Salary Slips helping to make informative credit disbursements quick.

SalaryDost was founded in March 2018. It uses credit scoring algorithms, customer profiling, and touchless workflows to optimize the user experience.

“We are excited to be working with IN-D to leverage their services and provide fast credit decisioning and easy onboarding experience to our customers,” said Manish Shukla, Co-Founder of SalaryDost.

“ Digital KYC is the new normal as onboarding customers physically is challenging, we are delighted to partner with Salary Dost which is taking steps in the right direction by making customer onboarding digital”, said Sumit Kumtha, IN-D India Business Head”

About Salary Dost

Salary dost is a 100% digital platform for loan applications. Get to know about all the latest offers from salary dost here. Salary dost provides short term unsecured loans to salaried individuals at low-interest rates.

About IN-D

IN-D is an AI Platform that comes with a Suite of Pre-trained Models for Specific Business Problems providing benefits like Zero Cost of Deployment, Scalability, and Adaptability, Benchmarked against leading products for a specific process