TrustTier.AI Auditing and Compliance Automation Platform (x-Biz TechVentures Launch 2024)

  

x-Biz Techventures Private Limited Launches TrustTier.ai (Auditing and Compliance Platform)

 

In today’s fast-paced financial landscape, banks, financial institutions, and insurance companies face a critical challenge: With the increasing cases of identity theft, document fraud, and stilling customer data, securing customer identities has become increasingly complex, especially during the on-boarding and storing. These institutions handle many customer documents daily, spanning departments like loans, accounts, and insurance policies. Fraudsters exploit system vulnerability by poaching or stilling your PII information such as Aadhaar, PAN, Banking) details, resulting in significant losses for both companies' and customers' trust.

To combat these challenges, x-Biz Techventures Private Limited has launched “TrustTier.ai”, India’s leading “AI-powered Offline Compliance and Audit Platform”. It’s available for both ‘On-premises’ and ‘SaaS’ platforms. Over the last five years, x-Biz Techventures Private Limited “PII Scanner Platform” has been trusted in the BFSI sector, completing over 3.0+ billion document verification, and 1.6+ billion aadhaar masked. The launch of “TrustTier.ai” is a game-changer, offering unlimited usage at a fixed cost. It’s great for industries like banking, insurance, telecom, and small investment firms. TrustTier.ai makes PII secured and verification easier, more flexible, and fully compliant.

Pushkar Singh, Associate Director at x-Biz Techventures Private Limited, explains on the

platform’s capabilities, stating, “ TrustTier.ai incorporates advanced computer vision technologies such as AI-driven document tamper detection, auto classification, face- signature matching, audio-video liveliness detection, paperless and cross-document verification, audio-video transcript, video spoofing detection, translator and PII Masking.  These features help financial institutions accept real customers while stopping fraudsters in their tracks as well as store and share data without and PII risk.” In addition to increasing security measures,

“TrustTier.ai” simplifies multiple processes such as aadhaar-pan masking, video kyc automated auditing, automated legal document-contract review, customer liveness verification (Audio, Video, and Document), financial fraud prevention by eliminating the dependency on online solutions/internet and leveraging advanced offline techniques.

This ensures that only genuine individuals complete verification, significantly reducing the likelihood of identity and financial fraud. Moreover, the seamless security of customer identity and banking details with fraudulent and hackers, proactively enhancing data security and compliance.

“ TrustTier.ai prioritizes swift, easy, and secure customer auditing and compliance processes to meet the evolving demands of the digital banking and fintech landscape,” emphasizes Pushkar Singh. The platform incorporates features such as PII masking, auto-form prefilling, intelligent document recognition, KYC and financial auto underwriting, liveness and Spoofing, and Paperless Verification to streamline user auditing and data security, thus enhancing proactive security efficiency while minimizing friction for company and customers. X-Biz Aadhaar masking is fortified with India's biggest volume processor with 99.9 % redaction accuracy on aadhaar number, barcode, qrcode on aadhaar card, custom template, zip file, video file, email attachment, and outlook scan ensuring robust compliance security without compromising user experience. With a single-click-run verification and auditing platform, x-Biz Techventures Private Limited completes the entire PII data security process in real-time, courtesy of its AI-assisted Engine.

As the banking, insurance, and financial industries navigate the complexities of digital transformation, x-Biz Techventures Private Limited remains steadfast in empowering businesses with a robust Identity Verification, Fraud Detection, and Prevention Platform. By addressing the industry’s most pressing challenges, x-Biz Techventures Private Limited facilitates secure, efficient, and compliant data security and masking processes, thereby driving success in the digital era.