Automate AADHAAR Card Masking
Comply with RBI Guidelines on AADHAAR Card Masking with Intelligent Document Processing
What is AADHAAR Card Masking?
In 2019, Reserve Bank of India (RBI) has mandated organizations to mask the customer’s AADHAAR card details before storing. For industries like banking and insurance, this gave rise to a humongous task of masking AADHAAR card details of existing millions of customers and thousands of daily new customers. The move has increased the security of customer data but has added cost to already voluminous and competitive business environment.
Challenges with AADHAAR Card Processing for Banking Industry
Irrespective of industries, AADHAAR card has been widely used by customers during onboarding, claims processing loan processing and for other purposes for KYC process. Organizations keep these AADHAAR copies in scanned format. Tradition KYC process involve various stages like-
Collecting AADHAAR
Scanned Copies
Uploading Scanned
Copies in Database
Verifying High Volume
Copies Manually
Keeping Customer
Data Secure
Reducing
Fraud Risk
Identify and Correct Wrongly
Masked AADHAAR Card
Adding Touch of Intelligent Automation in AADHAAR Card Masking
Instead of manual extraction of data and then scanning AADHAAR copies, banking organizations can leverage RPA along with AI technologies like Machine Learning, and OCR to fast-track the process of AADHAAR Card masking. With Intelligent Automation in AADHAAR Card Masking, banking organizations can-
- Digitize the AADHAAR Card files using image processing and OCR
- Classify the data with Machine Learning algorithm and NLP
- Extract the data, validate and standardize it as per the rules, format, and constraints
- Correct errors and export it once verification is done
Adding Touch of Intelligent Automation in AADHAAR Card Masking
Instead of manual extraction of data and then scanning AADHAAR copies, banking organizations can leverage RPA along with AI technologies like Machine Learning, and OCR to fast-track the process of AADHAAR Card masking. With Intelligent Automation in AADHAAR Card Masking, banking organizations can-
- Digitize the AADHAAR Card files using image processing and OCR
- Classify the data with Machine Learning algorithm and NLP
- Extract the data, validate and standardize it as per the rules, format, and constraints
- Correct errors and export it once verification is done
How can AutomationEdge’s DocEdge- An Intelligent Document Processing Solution Help?
AutomationEdge’s Intelligent Document Processing (IDP) solution- DocEdge helps enterprises get away with the repetitive task of KYC verification, easily redacts 12 digits from an AADHAAR card and masks AADHAAR card from images and videos in a few seconds.
How can AutomationEdge’s DocEdge- An Intelligent Document Processing Solution Help?
AutomationEdge’s Intelligent Document Processing (IDP) solution- DocEdge helps enterprises get away with the repetitive task of KYC verification, easily redacts 12 digits from an AADHAAR card and masks AADHAAR card from images and videos in a few seconds.
