AIO and Finastra awarded $1M grant from the BIRD Foundation to expedite banks customer onboarding and loan origination
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LAKE MARY, Fla. and TEL AVIV, Israel, Feb. 11, 2021 /PRNewswire/ AIO - Verified Financial Identity, a Fintech company based in Tel Aviv, and Finastra, today announced that they have been awarded a USD $1 million grant from the Board of Governors of the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation for the co-development of a digital customer onboarding solution. Developed by AIO and available on Finastra s FusionFabric.cloud open developer platform and app marketplace, the solution automates the process of establishing the financial identity of a loan applicant in order to meet Know Your Customer (KYC)/Know Your Business (KYB) regulations.