Speeding up the opening of an online-current account, significantly reducing execution time and manual control activities thanks to an Artificial Intelligence-based algorithm.
mThat is the goal of Banca Sella, thanks to the partnership signed with the Italian fintech Fido, which will simplify the onboarding of customers by ensuring effectiveness, quickness and security of the process.
Banca Sella has chosen the innovative solution developed by Fido, making it possible to digitize the control operations governing the onboarding of a customer, such as, for example, checking his identity or the absence of formal errors, as well as intercepting any anomalies in advance.
Fido’s algorithm, based on Artificial Intelligence, can assess each account opening request received by Banca Sella and allow the verification of the user’s identity after checking, in the full respect of privacy, his digital footprints, such as the device used to go online, the e-mail account, the IP address, etc., with a reduction of almost 70% in the time required for the manual verification of data.