AuthBridge, one of India’s largest authentication technology companies, has been recognized by NASSCOM as the top Innovator in AI for Enabling a Contactless World.
The 2021 edition of NASSCOM AI game-changer awards was held on 5th August with the aim to promote impactful and scalable AI-based innovation in the country and create awareness around AI-driven, new-age solutions that can transform work. AuthBridge has been recognized from among 300+ entries across industries like Healthcare, Retail, BFSI, Technology, Media and Communications and more. The NASSCOM recognition puts AuthBridge in the company of brands like TCS, Max Life Insurance, ICICI Bank, Policy Bazaar, each of whom has been recognized for innovation in AI in their respective categories.
The recognition for AuthBridge comes for its AI-powered digital verification and onboarding solution that enables end-to-end verification and onboarding of candidates, customers, and business partners. The solution, reportedly, enables up to 90% reduction in onboarding time and up to 80% reduction in onboarding costs.
“Being recognised by NASSCOM for our work in AI is a great honour for us, and it clearly demonstrates how well our vision of being a technology brand has translated over years,” said Ajay Trehan, CEO & Founder, AuthBridge Research Services. “We sensed a growing need for data-driven and AI-led remote onboarding years ago. This pandemic allowed us to explore the full potential of what we had built by creating an unparalleled demand for digital onboarding solutions that aid end-to-end digital transformation.
AuthBridge’s award-winning solution helps organisations validate identity and address and other details of stakeholders digitally and helps in onboarding them 100% remotely through a single design-led platform. Technologies like OCR, image recognition, liveness checks and digital signatures bind the whole process together, saving time, minimising risks, and offering a seamless onboarding experience.