Small, medium and large institutions are facing primarily 4 common business challenges, viz.
- Authentication of User or Citizen for services subscription
- Regulatory Compliance for KYC and Re-KYC.
- Identification of the Citizens based on Government Records for servicing Customers / Citizens in a better way. ( e.g. Doorstep Banking or Customer Service Points)
- Selling new Products & Services to existing customers to increase Fee Based Income. (e.g. Value Added Services such as Bill Collections, Insurance, MF, PAN, AADHAAR etc.
Meeting Banking Business Challenges
- “IDJunction” provides Aadhaar and PAN based authentication and validation Services, Aadhaar - E-KYC on a hosted ASP model.
- The Platform can further be extended as a “SmartBanker” Solution Platform for the complete “Agency Banking” Services on a Data Center Model.
- The applicability of the Platform would be with following industry segments:
|» Banking Services
||» Marriage Portals
|» Financial & Securities Industry (Mutual Funds & Brokers)
||» Government’s Citizen Services
|» Insurance Services
|| » Education and Examination Segments