ICICI Bank companions with AuthBridge for KYC verification, digital authentication for its InstaFX prospects

New Delhi: ICICI Bank has partnered with AuthBridge to reinforce its KYC verification and digital authentication processes to enhance their buyer expertise. AuthBridge is understood for providing end-to-end digital onboarding and KYC options to a few of India’s largest monetary establishments, banks, NBFCs and insurance coverage corporations.
As ICICI’s authentication know-how companion, AuthBridge will ship KYC (Know Your Customer) know-how to forestall identification and monetary frauds. AuthBridge’s real-time verification will scale back the turnaround time considerably for ICICI’s prospects, thus enhancing buyer expertise. Compliance with AML/KYC norms and straightforward concurrent audits will assist make speedy choices and in flip, maximise buyer satisfaction with a digital and clever journey orchestration.

Pratyush Chandramadhur, Chief Business Officer, AuthBridge; mentioned, “AuthBridge is pleased to partner with ICICI Bank on InstaFX, for a streamlined customer onboarding. AuthBridge’s authentication technology allows automation of document collection, information extraction and real-time verification. With technologies like OCR, AI-powered face match, and seamlessly integrable API-based identity verifications, our KYC Solution is a perfect fit for ICICI Bank’s innovative and digital-first products, resulting in improved operational efficiency, smooth and compliant end to end workflows, thus facilitating faster services.”
About AuthBridge Research Services Private Limited

AuthBridge is India’s largest authentication know-how firm, delivering cutting-edge know-how and alternate knowledge evaluation for Identity Management, Onboarding & Verification and Business Intelligence. With 15+ years of expertise, AuthBridge is the popular companion for 1500+ corporations throughout industries, together with Fortune 500 corporations. AuthBridge is licensed with the most recent ISO requirements for Quality (ISO 9001:2015) and Information Security (ISO 27001:2013).
About ICICI Bank Private Limited
ICICI Bank Limited is an Indian multinational banking and monetary companies firm with its registered workplace in Vadodara, Gujarat and company workplace in Mumbai, Maharashtra. It provides a variety of banking merchandise and monetary companies for company and retail prospects via quite a lot of supply channels and specialised subsidiaries within the areas of funding banking, life, non-life insurance coverage, enterprise capital and asset administration.