This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Enhance Your Underwriting Process with Bank Statement Analyzer
Streamline your underwriting process to easily onboard creditworthy customers
Trusted by 2,000+ companies
Top Challenges with Traditional Bank Statement analysis processes
Manual verification can be time consuming and prone to errors
Manual and resource heavy process
Operationally inefficient, manual analysis are huge drain of costs , non-scalable and susceptible to errors
Physical Document submissions
Physical Account statement submissions are a huge hassle to maintain for compliance and come with privacy concerns
Huge Productivity
Concerns
Traditional process lets the focus shift on non-core verification activities and follow-ups leading to productivity issues
Why Choose AuthBridge’s Bank Statement Analyzer Software?
Automate Your bank account statement analysis for advanced credit risk assessment
As per Business needs
Tailored Solution for Banks ,NBFCs and Insurance companies
Designed specifically for the needs of Banks, NBFCs and Insurance, ensuring it aligns with your unique underwriting requirements and processes for loans and policy disbursements
Get Started →
99.9% OCR Accuracy
Accurate Underwriting Risk-Assessment
Leverage intelligent AI/ML and OCR technology to accurately assess the creditworthiness of applicants and identify potential risks , complementing your credit score data.
Get Started →
Actionable Insights
Data-driven Insights and Enhanced efficiency
Unlock valuable insights of spend patterns across lifestyle and leisure from bank statements, enabling you to make informed underwriting decisions and accelerate your onboarding process, enabling faster loan approvals and policy decisions
Get Started →
Core Capabilities
Helping you scale creditworthiness checks with minimal risk and cost
Integrable
Seamlessly Integrable with Web/Mobile app or LoS
10+ Report Formats
Human and machine-readable report formats
6 Month
Retention
6 Months of report retention to ease compliance and records
Custom Reporting
Customized Report with business defined calculations and categorization
Also, Choose from our 100+ Instant Verification API's
Liveness
Verification
Voter ID Verification
DL
Verification
Aadhaar Verification
PAN
Verification
Cheque
OCR
Bank Account Check
Passport
Verification
Credit Score
Verification
Lifestyle
Verification
Build more, Be more!
AuthBridge integrates with 170+ APIs - to make your journey smooth.
Expert insights at your finger tips.
All things Background verification, Due Diligence , candidate experience and more.
Blog
Digital KYC: Transforming The BFSI Industry
The BFSI industry, which includes banking, financial services, and insurance, is undergoing a radical change as a result of the modern world’s…
Read more >>
Newsroom
Importance of Background Verification in BFSI Sector
The point of an exponential boom in any industry is crucial for two reasons. Expectedly, it opens the industry and stakeholders to unprecedented..
Read more >>
Blog
KYC – How Does KYC Complement Identity Verification?
While it is important for businesses to know their employees, it is equally important that they know their customers and/or clients. That is why KYC…
Read more >>
Contact Sales
Ready to Explore AuthBridge for your business?
We’d love to show you how AuthBridge can help your business. Fill out the form and we’ll be in touch within 24 hours.
- Assess your team’s needs
- Learn more about AuthBridge Product & features
- Discuss pricing options
By submitting this form you are agreeing to our privacy policy.
FAQ
A bank statement analyzer is a tool or software application that helps individuals or businesses analyze and interpret their bank statements. It automatically extracts transactional data from bank statements.
A bank statement analyzer is important because it provides users with a clear overview of their financial transactions and account activity. By using a bank statement analyzer, users can gain insight into their financial habits.
A bank statement analyzer typically works by importing bank statements or connecting to users’ bank accounts to retrieve transactional data.
The key features of a bank statement analyzer may include transaction categorization, expense tracking, budgeting tools, financial reports, alerts and notifications, data security, and integration with other financial tools.
Designed specifically for the needs of Banks, NBFCs and Insurance, ensuring it aligns with your unique underwriting requirements, leverage intelligent AI/ML and OCR technology to accurately assess the credit worthiness of applicants and identify potential risks, unlock valuable insights of spend patterns across lifestyle and leisure from bank statements.
Stay Informed
Keep yourself updated with the latest innovations in BGV & Authentication Technology from India’s leading Background Verification Company
Sign up for our newsletter
HyperVerge is compliant with international compliance standards & laws
AuthBridge is the #1 Authentication Company.
Copyright 2023 AuthBridge, All Rights Reserved.
Hi! Let’s Schedule Your Call.
To begin, Tell us a bit about “yourself”
The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.
- Mr. Satyasiva Sundar Ruutray
Vice President, F&A Commercial,
Greenlam
Greenlam
