Why Double Checks Matter
When you have to get accuracy and compliance right, a single error can have massive consequences. Double checks are a standard practice for all of us and in high-stakes environments, Babel Street Match can be your instant double check for identity verification. This AI-driven solution adds an additional layer of scrutiny, ensuring that your processes are not only fast but also precise.
How Babel Street Match Double Check Works
Babel Street Match can now be implemented as a second-pass system designed to work with your existing identity verification system. Here’s how it works:
- Advanced algorithms, proven in the wild, detect subtle discrepancies even across languages and cultures to rapidly compare datasets that might be missed in the initial verification
- Automated reviews optimize processes with a layer of advanced AI & NLP reduce manual workload by lowering false positives by even more
- Complements existing systems to deliver measurable improvements with your current platform, requiring minimal setup and no disruption to operations
Benefits of Double Checking with Babel Street Match
- Unmatched Precision with Advanced Algorithms: Advanced name and data matching algorithms catch subtle discrepancies others miss, including multilingual and multi-cultural names
- Automated Second-Pass Reviews: Babel Street Match can further automate the review process and reduce the burden of manual checks
- Double Check for Customer Confidence: Babel Street Match helps Fintech platforms reduce manual labor and increase precise matches, minimizing the risk of non-compliance, fines, and reputational damage
- Competitive Advantage with Turnkey Innovation: Build upon a commitment to accuracy, risk mitigation, and innovation by integrating Babel Street Match to complement your platform as a rapid double check of results
Real-World Success with Babel Street Match
Discover how KOHO, a leading FinTech platform, enhanced their identity verification process for customers by adding Babel Street Match.
Key Results
- Decreased Cost of Labor: 25%
- Increase in Verification Speed by 50% after just 1 month
- Decrease in Manual Reviews: 54%
- Accuracy by 20% out of the box without customization