Imagine this: You run a fintech company, and everything seems to be going well. You’re attracting customers left and right, and your loan portfolio is growing steadily. But then, the unthinkable happens – you discover that a significant portion of your customers have defaulted on their loans, leaving you with a massive financial hole to fill. Sounds familiar?
Unfortunately, this scenario is all too common in the world of peer-to-peer lending. According to a 2019 study by PwC, a staggering 24% of lenders in Indonesia fintechs have experienced loan defaults, primarily from small business lending. And the culprit? Fraudsters posing as genuine customers, exploiting gaps in the customer acquisition process.
But fear not, because there’s a solution that can help you sleep better at night: the Customer Automated Acquisition (CAAS) from ASLI RI.
What is CAAS and What Can It Do?
CAAS, or Customer Automated Acquisition System (not to be confused with CaaS or Containers as a Service) is an all-in-one web-based and API solution that enables businesses to verify identity and assess the creditworthiness of potential customers. Think of it as a digital bouncer that keeps the bad apples out while welcoming the good ones with open arms.
With this system, you can:
- Identify suspicious identities and weed out fraudsters before they even set foot in your business.
- Produce accurate customer profiling results so you can make informed decisions about who to lend money to (and to politely decline).
- Streamline process like account opening, loan approvals, and more, all while enhancing security and improving the customer experience.
But CAAS isn’t just for the finance folks. Businesses across various industries can benefit from this nifty system, from retail and e-commerce to real estate and healthcare. Imagine a world where you can verify customer identities with ease, reduce errors and fraud, and create personalized offers that keep your customers coming back for more.
The Secret Sauce: Advanced Technologies
CAAS is like a tech-savvy superhero, armed with a powerful suite of advanced technologies that work together to keep your business safe and secure. Here’s a peek under the hood:
- ID verification: CAAS cross-checks the user’s ID with the government databases, ensuring they’re as real as it gets.
- Biometric verification: AI-powered technology matches biometric data from the IDs to the actual user, preventing fraudsters from using stolen identities.
- Liveness detection: This AI-powered feature can tell the difference between living, breathing humans and non-living deepfakes or stolen videos
- OCR: Optical Character Recognition extracts characters from user IDs and translates it into written characters, streamlining the identity verification process and minimizing errors.
- Credit process analysis: assesses income, tax verification, negative record checks, and more, so you can make informed decisions.
- SLIK automation: This feature automates the credit reporting process with OJK, boosting efficiency to new heights.
It’s a no brainer – informed decision-making is crucial for the success of any business. With CAAS, you can kiss those sleepless nights worrying about fraudsters goodbye and focus on what really matters: growing your business and providing top-notch services to your customers.
Ready to join the CAAS revolution? Visit www.asliri.id.contact to learn more and take the first step towards a safer, more trusted business landscape. After all, why settle for ordinary when you can have extraordinary?
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Last modified: April 29, 2024
