AI / Machine Learning based platform to process and manage Check workflow within the financial institution integrated with Check Validation devices and kiosk modules
AI / Machine Learning based platform to process and manage Check workflow within the financial institution integrated with Check Validation devices and kiosk modules
“Tek-Candor” is the Cheque Deposit and Processing product for financial institutions launched after the State Bank of Pakistan (SBP) mandated electronic cheque processing.
End-to-end integration
Cheque processing for multiple banks including integration with NIFT and Core Banking Host
Support for all clearing use cases
Inward and outward clearing operations; classification as per city, branch, cycle type, and transaction type;
Prevention of operational errors
Human errors are prevented through validation procedures, secured workflow, and direct integration with other systems
Web-based UI
Transactions including Cheque scanned images are displayed to administrators for verification and processing (Maker / Checker processing)
Features
- Web Portal for inward and outward clearing
- Cheque Tracking and Archives
- Integration with NIFT and Core Banking
- SBP Cheque Validation Guidelines
- Multiple levels of validation through AI / ML techniques
Benefits
- Digitization of paper-based transactions
- Faster Cheque Processing
- Highly secured with OWASP compliance
