Alternative way of verification
You might ask yourself why you would need this service when Open Banking solutions become more and more advanced. Well, that’s true and we do recommend using them also with our cooperation, but in some cases it’s not enough.
Some companies are required to collect bank statements coming directly from their clients due to regulations, either internal or external. Also some users are still weary about sharing their account information in the online mode, preferring to just download a PDF and send it directly to you.
Using the automatic PDF analysis you can address those issues and maybe even give your potential clients a choice between the two in order to increase sales, covering most cases.