What is CKYC Automation | AIFISE?
AIFISE CKYC offers AI-first CKYC automation built for banks, NBFCs, and fintechs—enabling sub-8 hour onboarding, 100% CKYCR compliance per RBI Master Directions, and scalable operations through intelligent document processing and risk-based workflows.
Problem
Financial institutions currently use manual and fragmented processes for CKYC compliance, leading to lengthy onboarding times (often days) and high risks of non-compliance with RBI regulations.
Solution
AIFISE CKYC is an AI-powered compliance automation tool. It enables users to process KYC documents intelligently, enforce RBI-compliant workflows, and onboard customers in under 8 hours, reducing manual efforts by 90%.
Customers
Banks, NBFCs (non-banking financial companies), and fintech companies requiring scalable, regulatory-compliant customer onboarding solutions.
Unique Features
Combines AI document processing, RBI-compliant risk-based workflows, and real-time validation to ensure 100% CKYCR compliance while slashing onboarding time.
User Comments
Saves 80% of compliance team time
Eliminated RBI audit penalties
Scaled onboarding operations 5x
Seamless document verification
Critical for fintech expansion
Traction
Launched on ProductHunt in 2023; used by 50+ Indian financial institutions; claims 90% ops time reduction. Exact revenue/user data unspecified from provided info.
Market Size
The global KYC compliance market was valued at $1.5 billion in 2023, projected to grow at 22.4% CAGR through 2030 (Grand View Research).
