Proof of Address Verification
Automate and verify Proof of Address documents with AI for accuracy, compliance, and fraud prevention.
Details
What you get
Description
The Proof of Address Verification solution uses AI to extract and validate key details from proof of address documents, such as utility bills or bank statements. It automates manual verification processes, ensuring accuracy and minimizing fraud risks. This solution is ideal for KYC processes, customer onboarding, and regulatory compliance, helping businesses operate efficiently while building trust.
Features
Automated Document Extraction
Extracts key details such as name, address, document issuer, and date from uploaded documents.
Fraud Detection
Identifies tampering, invalid issuers, or mismatched details to prevent fraudulent submissions.
KYC-Ready Integration
Seamlessly integrates into KYC workflows and customer onboarding systems via API.
Product information
1. Upload the Document: Users upload proof of address documents (e.g., utility bills, bank statements).
2. AI Extraction: The system extracts details such as the customer’s name, address, document date, and issuer.
3. Fraud Check: AI flags inconsistencies, outdated documents, or tampering issues.
4. Verification Report: A clear verification result is generated, confirming validity or highlighting concerns.
5. Integration: Output can be accessed via API or downloadable from the provided app.
This solution is ideal for businesses needing fast, reliable verification of proof of address documents to streamline onboarding, ensure compliance, and reduce fraud risks.
Use Case: KYC (Know Your Customer) Compliance
Industry: Banking & Financial Services
Description: Automating the verification of proof of address documents during customer onboarding to meet regulatory KYC requirements.
Benefit: Ensures compliance, reduces manual review time, and improves onboarding efficiency while preventing fraud.
Use Case: Customer Onboarding for Utility Providers
Industry: Energy, Telecom, and Utilities
Description: Validating proof of address documents submitted by new customers during service registration.
Benefit: Prevents fraudulent registrations, ensures address authenticity, and improves operational efficiency.
Use Case: Tenant Screening for Property Rentals
Industry: Real Estate & Property Management
Description: Verifying proof of address documents provided by potential tenants as part of the application process.
Benefit: Ensures legitimacy of tenants’ details, reduces risk of fraudulent applications, and accelerates approval timelines.
Utility bills, bank statements, rental agreements, and other valid proof of address documents.
The AI delivers high accuracy by detecting tampering, ensuring document authenticity, and matching extracted details.
Yes, it checks document issue dates to ensure validity.
Yes, the solution provides API access for easy integration into your current workflows.
Absolutely. It integrates seamlessly into KYC workflows, speeding up onboarding while ensuring compliance.
The AI solution is designed with your data security and privacy in mind. We ensure that all documents processed through our system adhere to the highest standards of data protection, maintaining compliance with regulations like GDPR and POPIA.
Here’s how we safeguard your information:
- Data Encryption: All data, both in transit and at rest, is encrypted using industry-standard protocols, ensuring that sensitive information remains secure.
- Access Control: Only authorized personnel and systems can access your data, with strict access control measures in place to prevent unauthorized use.
- Compliance with Privacy Regulations: We comply with global and local data privacy regulations, including GDPR (General Data Protection Regulation) and POPIA (Protection of Personal Information Act), ensuring that your data is handled with care and transparency.
- Data Anonymization: Personal and sensitive data can be anonymized during processing to reduce exposure and maintain privacy, without compromising the integrity of the verification process.
- Secure Document Storage: Verified documents can be securely stored, with retention policies aligned with your compliance needs. You retain full control over document storage and access.
- Audit Trail: Our system maintains a full audit trail of all document verification activities, providing transparency and accountability for every transaction.
We prioritize the confidentiality and security of your business data, ensuring that our verification processes not only improve efficiency but also strengthen trust in how your information is managed.
Our AI solution follows Highwind’s standard Service Level Agreement (SLA), ensuring clear support and service quality expectations.
Please download the full SLA document for a comprehensive outline of support levels, response times, and resolution standards.
Proof Of Address Verifier - Price
Starting at
$50.00
per month
Up to 1000 units, then $0.00 per unit.
Proof Of Address Verifier - Price
Starting at
$300.00
per month
Up to 10000 units, then $0.00 per unit.
Proof Of Address Verifier - Price
Starting at
$500.00
per month
Up to 20000 units, then $0.00 per unit.