MicroFinance & Digital Lending Solutions

Real-time nano loan approval and fraud prevention for digital lenders.

Industry Challenges​

1. Manual Loan Processing​

Traditional micro-lending is slow and labor-intensive:

• Hours or days for approval - Manual document review delays decisions
• Business hours only - Customers can't apply 24/7
• High operational costs - Large teams needed for document processing
• Limited scalability - Can't grow without hiring more staff

2. Income Verification Difficulties​

Verifying borrower affordability is challenging:

• Fake payslips - Easy to forge income documents
• Informal employment - Many customers lack formal employment records
• Manual verification - Calling employers is time-consuming
• Data entry errors - Manual input leads to mistakes

3. High Fraud Rates​

Digital lenders face sophisticated fraud:

• Synthetic identities - Criminals create fake borrower profiles
• Identity theft - Stolen IDs used for loan applications
• Mule accounts - Legitimate people used to launder money
• Repeat fraud - Same fraudster applies with multiple identities

4. Credit Default Risk​

Without proper verification, default rates are high:

• Over-lending - Approve loans beyond borrower capacity
• Multiple borrowing - Customers take loans from multiple lenders
• No repayment history - Lack of credit bureau data
• Collection challenges - Difficult to recover from defaulters

How botsKYC.ai Solves These Challenges​

⚡ Real-Time, 24/7 Loan Approval​

Automated underwriting in seconds

• Instant identity verification - Verify ID document in 30 seconds
• Automated income extraction - Pull salary data from payslip photo
• Immediate fraud checks - Real-time forgery detection
• Instant decisions - Approve or decline in under 60 seconds
• No business hours - Process applications 24/7

Result: Approve more loans, faster, with lower costs

💰 Instant Payslip Verification​

Automated affordability assessment

• OCR data extraction - Pull employer name, salary, deductions automatically
• Forensic analysis - Detect forged or tampered payslips
• Employment verification - Cross-reference against known employers
• Affordability calculation - Automatic debt-to-income ratio
• Historical comparison - Flag inconsistent income claims

Result: Accurate income verification without manual review

🛡️ High-Accuracy Fraud Detection​

Prevent fraud before disbursement

• Synthetic ID detection - AI identifies fake identities
• Document forensics - Catch forged IDs and payslips
• Face matching - Biometrically match selfie to ID photo
• Velocity checks - Flag multiple applications from same person
• Device fingerprinting - Identify suspicious devices

Result: Block fraud before it causes losses

📊 Automated Risk Scoring​

Data-driven credit decisions

• Identity confidence score - How certain is this a real person?
• Document authenticity score - Is the ID/payslip genuine?
• Fraud risk score - Likelihood this is fraudulent
• Affordability score - Can they repay based on income?
• Combined risk rating - Overall creditworthiness assessment

Result: Better credit decisions, lower default rates

Use Cases​

1. Nano Loan Applications​

Instant approval for small-value loans

Before botsKYC.ai:

• Customer fills paper application
• Submits ID and payslip copies
• Loan officer reviews documents
• Manual verification calls
• 24-48 hours for decision

With botsKYC.ai:

1. Customer opens lending app
2. Snaps photo of ID with phone
3. Uploads latest payslip photo
4. Takes selfie for liveness check
5. Receives instant approval/decline

Impact:

• ⚡ 60-second approvals - Real-time decisions
• 💵 10x more loans - Process volume without hiring
• 🛡️ 45% lower fraud - Catch fakes before disbursement
• 😊 Higher satisfaction - Instant gratification

2. Salary Advance Loans​

Payday advances for employed individuals

Before botsKYC.ai:

• Customer provides employment letter
• Lender calls employer to verify
• Waits for confirmation
• 2-3 days for approval

With botsKYC.ai:

1. Customer uploads recent payslip
2. AI extracts employer and salary
3. Verifies payslip authenticity
4. Calculates advance amount
5. Instant approval

Impact:

• ⚡ Instant verification - No employer calls needed
• ✅ Accurate income data - No manual data entry
• 🎯 Right-sized loans - Based on verified income
• 💰 Lower defaults - Better affordability assessment

3. First-Time Borrower Onboarding​

KYC for customers with no credit history

Before botsKYC.ai:

• Difficult to assess new customers
• High risk, low approval rates
• Manual document review
• Conservative lending limits

With botsKYC.ai:

1. Verify identity with biometric liveness
2. Authenticate supporting documents
3. Extract income and employment data
4. Score fraud risk
5. Set initial credit limit

Impact:

• ✅ Approve more first-timers - Data-driven confidence
• 🎯 Accurate risk assessment - Multiple verification points
• 💵 Higher loan amounts - Can lend more safely
• 📈 Market expansion - Reach underserved segments

4. Repeat Loan Fraud Prevention​

Stop fraudsters from multiple applications

Before botsKYC.ai:

• Same person applies with different names
• Uses fake IDs with different numbers
• Hard to detect without manual checks
• Fraud discovered after default

With botsKYC.ai:

1. Face matching across applications
2. Device fingerprint tracking
3. Behavioral pattern analysis
4. Cross-reference with fraud database
5. Flag suspicious applications

Impact:

• 🛡️ 90% fraud detection - Catch repeat offenders
• 💰 Prevent losses - Block before disbursement
• ⚡ Real-time blocking - Instant fraud flags
• 📊 Fraud intelligence - Build fraud database

Key Benefits​

For Lenders​

💰 Business Impact​

• 10x loan volume - Process more applications without scaling staff
• 60-second approvals - Instant decisions increase conversions
• 70% cost reduction - Eliminate manual review teams
• 45% lower fraud rates - Prevent losses before disbursement

⚡ Operational Efficiency​

• 24/7 automated processing - No business hours limitation
• Zero manual data entry - Automated extraction from documents
• Instant decisions - No waiting for manager approval
• Scalable infrastructure - Handle spikes without breaking

🎯 Better Credit Decisions​

• Verified income data - Accurate affordability assessment
• Fraud risk scoring - Data-driven risk evaluation
• Document authentication - Confirm ID and payslip validity
• Lower default rates - Better quality loans

For Borrowers​

⚡ Speed & Convenience​

• Instant approvals - Know immediately if approved
• No paperwork - Everything via mobile app
• Available 24/7 - Apply anytime, anywhere
• Quick disbursement - Money in minutes after approval

🔒 Security & Privacy​

• Secure document upload - Bank-grade encryption
• No document sharing - No emailing sensitive documents
• Biometric security - Face verification protects your identity
• Data privacy - Information securely stored

Implementation​

Technical Integration​

// Initialize SDK
import { BotsKYC } from '@botskyc/node-sdk';
const kyc = new BotsKYC({ apiKey: process.env.BOTSKYC_API_KEY });

// Complete loan application verification
async function verifyLoanApplication(application) {
  // 1. Verify ID document
  const idResult = await kyc.verifyDocument({
    file: application.idFile,
    documentType: 'NATIONAL_ID',
    performLiveness: true,
    selfieFile: application.selfieFile
  });

  // 2. Verify and extract payslip data
  const payslipResult = await kyc.verifyDocument({
    file: application.payslipFile,
    documentType: 'PAYSLIP',
    extractData: true
  });

  // 3. Get comprehensive fraud score
  const fraudScore = await kyc.getFraudScore({
    idVerification: idResult.id,
    payslipVerification: payslipResult.id,
    applicantData: application.data
  });

  // 4. Make lending decision
  return {
    approved: fraudScore.risk === 'LOW' && 
              payslipResult.data.netIncome > application.loanAmount * 3,
    maxLoanAmount: payslipResult.data.netIncome / 3,
    fraudRisk: fraudScore.risk,
    confidence: Math.min(idResult.confidence, payslipResult.confidence)
  };
}

Integration Timeline​

• Week 1 - API integration and testing
• Week 2 - Loan workflow automation
• Week 3 - UAT with sample applications
• Week 4 - Production rollout

Support Package​

• Dedicated integration engineer
• Custom workflow consultation
• Fraud detection tuning
• Staff training on new process
• 24/7 technical support

Success Metrics​

Digital Lender Case Study​

Before botsKYC.ai:

• 48-hour average approval time
• 15% fraud rate
• 300 loans per month
• 8-person review team
• 12% default rate

After botsKYC.ai:

• 45-second average approval time
• 2% fraud rate
• 4,500 loans per month (15x growth)
• 2-person team (edge cases only)
• 7% default rate

ROI:

• 💰 68% cost savings - Reduced staff by 6 people
• 📈 15x volume growth - Same infrastructure
• 🛡️ 87% fraud reduction - Prevented $2.1M in losses
• ⚡ 99% faster - 48 hours → 45 seconds

Pricing for Lenders​

Volume-Based Pricing​

Designed for high-volume micro-lending:

• Starter - BWP 15 per verification (< 1,000/month)
• Growth - BWP 10 per verification (1,000-10,000/month)
• Scale - BWP 7 per verification (10,000-100,000/month)
• Enterprise - Custom pricing (> 100,000/month)

What's included:

• ✓ ID document verification
• ✓ Payslip verification & data extraction
• ✓ Liveness detection
• ✓ Fraud scoring
• ✓ Webhooks & real-time updates
• ✓ Complete audit trails
• ✓ 24/7 API access

ROI Calculator​

Example: 10,000 loans per month

Annual Savings: BWP 1,932,000 (72% reduction)

Calculate Your ROI →

Get Started​

Transform your lending operations:

1. Start Free Trial - 1,000 free verifications
2. View API Docs - Technical integration
3. See Demo - Live verification
4. Contact Sales - Custom enterprise pricing

Related Solutions​

• Financial Services & FinTech - Digital banking solutions
• Mobile Network Operators - Mobile money KYC
• Document Verification Guide - Technical details