AI-powered customer onboarding and fraud prevention for lenders
Lynx from Rapid Finance is an advanced AI-powered onboarding solution for lenders. It streamlines identity verification, regulatory compliance, and fraud prevention by analyzing and organizing vast amounts of applicant, historical and third party data. This innovative system helps lenders prevent fraud while enhancing operational efficiency.
Lynx is ideal for financial institutions, credit providers, and lending organizations seeking to improve their customer onboarding experience and reduce risks associated with fraud and regulatory non-compliance. Its seamless integration via a single API makes it easy to adopt, while its ability to process and organize documents like loan applications, bank statements, tax documents ensures and IDs a smoother workflow.
By addressing critical pain points such as regulatory compliance, data consistency and identity fraud, Lynx empowers lenders to make faster, more informed decisions. With features like enhanced customer due diligence for KYC, KYB, and AML compliance, as well as customized recommendations and insights to supercharge underwriting teams, Lynx allows you to scale your lending business without scaling fraud.