Tiger Brokers: Partners Onfido for faster customer onboarding process using AI
- Tiger Brokers is a licensed broker under the Monetary Authority of Singapore (MAS) providing one-stop online brokerage services
- Onfido, the global identity verification, and authentication company, to automate customer onboarding using Onfido’s AI-powered document
- The onboarding process will be automated using Onfido’s artificial intelligence (AI)-powered document and biometric verification solution
- The partnership comes as the online brokerage welcomes more users to its platform
- Through Onfido users can verify their log-ins by taking a photo of their passport or Singapore NRIC and a short selfie video
- Onfido then checks that the identity submitted is genuine and not fraudulent. It will also verify customers’ selfies with “liveness checks”