Appro adopts the use of MOI digital verification face gateway to facilitate the procedures of new customers in the retail banking sector

Appro adopts the use of MOI digital verification face gateway to facilitate the procedures of new customers in the retail banking sector

United Arab Emirates: In cooperation with the Ministry of Interior, UAE, Appro Retail Banking Onboarding FZ LLC, an intermediate company in registering individuals to banking and financial services applied the MOI digital verification face gateway on its platform. The service aims at creating a seamless experience that provides customers seeking individual banking-loans products more options and improving the efficiency of proceedings, and reducing customer-onboarding costs to banks, financial and non-financial institutions.

Appro is an intermediate digital platform that provides banks with reliable customers identified through the MOI digital verification face gateway. Appro is a UAE Fintech that uses this service to register customers instantaneously and securely to obtain financial services thus contributing to enhance the efforts to combat fraudulent operations.

The Appro digital platform innovatively provides a seamless and simple experience to customers by providing services and offers and includes initial onboarding registration processes of banking customers. Appro executes initial verifications of individual personal information in the Know Your Customer (KYC) system, supported by the MOI digital verification face gateway in addition to conducting all individual security checks and credit worthiness assessments. The only customers Appro share with the banks are the eligible ones who fulfill the risk requirements applicable in partner