How fintechs are using AI to speed up account opening

Introduction

Opening an account is often the first contact a client has with a fintech company. A slow or complicated process can cause massive dropouts.

Thanks to theAI, fintechs optimize every stage of customer onboarding, automate KYC/KYB verification, and ensure total regulatory compliance.

Dataleon offers solutions to drastically reduce the time needed to open an account while securing the process.

1. The challenges of opening a digital account

• Long and tedious process : customers need to provide numerous documents
• Manual checks : High Processing Time and Possible Errors
• Strict compliance : AML, KYC and KYB bonds

These obstacles can hinder the conversion of prospects into customers.

2. AI at the heart of onboarding

Fintechs are using AI to:

• Read and analyze documents automatically (passports, KBIS, bank statements)
• Instantly Verify Identity and Business
• Detect anomalies or fraud In Real Time
• Accelerate the process Opening an account without compromising security

This approach allows for onboarding Ultra-fast and reliable.

3. Dataleon: The Concrete Example

With Dataleon, opening an account becomes smooth:

• OCR + IA To automatically extract data from documents
• KYC/KYB check In a few minutes
• Mobile and web interface Intuitive for customers
• Human Supervision For Complex or Suspicious Cases

So the process goes from several hours to Less than 10 minutes, improving customer satisfaction and conversion rates.

4. The benefits for fintechs

• Time and efficiency savings : automation of repetitive tasks
• Risk reduction : compliance assured and fraud detected
• Optimized customer experience : smooth and fast process
• Scalability : managing a large number of customers without increasing resources

Conclusion

Artificial intelligence is transforming banking and fintech onboarding.
By automating KYC/KYB and document verification, fintechs gain speed, reliability and compliance.

Dataleon Makes it possible to combine AI and human supervision to offer account opening Fast, Secure and Frictionless.

‍