A significant amount of current merchant onboarding processes are based on the compliance/underwriting team doing manual review of information and decisioning.
123signed has developed a fully automated merchant and consumer onboarding platform that uses 90% technology and 10% underwriting resources.
The technology drastically streamlines the onboarding process and significantly reduces the number of compliance and underwriting staff required for application review and approval. We provide a single integrated solution covering individual and corporate identification and verification, PEP’s, Sanctions, AML, Credit Checks, Biometric, Rick Scoring, Web Monitoring, Consolidated Reporting and Decisioning module.
- Gain greater oversight and controls during the merchant and consumer onboarding process
- Significantly reduce onboarding processing times
- Remove all manual processes and reduce human errors
- Increase underwriting team’s satisfaction level
- Reduce the operational size of the underwriting team and save costs
To learn more please email us at [email protected] and we can explain how efficient it is to use 123signed.