RealRes
RealRes is e4's pioneering digital solution that generates instant, authentic Proof of Residence for customers based on their provided address. By leveraging sophisticated data-matching algorithms, RealRes eliminates the need for physical address documents, simplifying the onboarding process while ensuring compliance with FICA requirements and reducing fraud risk.
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HIGHLIGHTS
OFFERING
- Instant Proof of Residence confirmation. Provides a quick and compliant digital Proof of Residence by comparing customer addresses with verified records from credit bureaus and government databases.
- Sophisticated address verification. Utilises advanced algorithms to match addresses with a high confidence level, with configurable rules for quality and pricing based on organisational requirements.
- Document authentication through OCR. Extracts and validates address data from customer-provided documents using Optical Character Recognition (OCR), creating a unique digital proof stored as a PDF for easy access.
BENEFITS
- Streamlines onboarding with immediate address verification
- Eliminates the need for physical Proof of Residence documents
- Fully digitises and automates the address verification process
- Ensures FICA compliance and meets regulatory standards
- Reduces fraud and document tampering risks
- Lowers operational costs with a paperless solution