Identifeye 🚀

• Problem statement

What problem is the app solving?

Problem: Financial institutions face a number of challenges in verifying the identities of their customers.

Fraud: Fraudsters can use fake or stolen IDs to open accounts and commit financial crimes.
Inaccuracy: Traditional identity verification methods can be inaccurate, leading to false positives and false negatives.
Inconsistency: Identity verification practices can vary from one institution to another, making it difficult for customers to provide their information.
Data sharing Issues: Users sometimes do not have full control of their own data and are unable to share their data from one device or web app to another.

•Proposed app solution What solution is the app bringing?

Solutions

Benefits: Identifeye offers a number of benefits to financial institutions, including:

Reduced fraud: Identifeye's use of multiple verification methods helps to reduce fraud. With IdentifEye Our users would be able to run a genuine KYC to all their customers
Accuracy:
Consistency: Financial institutions can use a uniform identification process to verify the identity of their users. This will limit false or incorrect information provided by their customers