Fintech companies face challenges in efficiently onboarding new customers and vendors due to complex compliance requirements and reliance on manual review processes. Integrating with multiple third-party data sources for verification and risk assessment can be time-consuming and require extensive testing, leading to delays and increased operational costs.

Recase offers an automated onboarding platform designed to streamline compliance processes for fintechs. The platform integrates with existing and new data sources, allowing for a unified view of application data. By leveraging AI-powered document reviews, website scraping, and AML false positive detection, Recase automates checks that previously required manual intervention. The platform's drag-and-drop builder enables users to automate compliance processes and iterate on decision rules without requiring engineering resources. This results in faster vendor integration and increased instant approval rates.

AI-driven document review for automated verification of submitted documents

Website scraping to assess applicant's online presence and legitimacy

AML false positive detection to reduce manual review of potential compliance issues

Drag-and-drop builder for creating and customizing automated onboarding workflows

Integration with third-party data sources for comprehensive data aggregation

Customizable case management system for manual review of applications and alerts

Graph visualization for complex data analysis and decision-making

Automated in-app notifications and email follow-ups to collect missing data points

Recase primarily targets fintech companies seeking to automate and accelerate their customer and vendor onboarding processes while maintaining compliance with regulatory requirements.