Verify Any Asset & Vendors Instantly
A digital, smart and user-friendly inspection platform to verify assets like vehicles, equipment and collectibles, capturing high res photos, videos, documents, and ownership details. Buyers and financiers can validate vendors, confirm ownership, and check incumbency.
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Helping enterprises build automated workflow. Our clients have saved over $20M+
Secure and Scalable Vendor & Asset Validations with Asset Verification
Brokers: 0 \n Verifications Completed: 0 \n Lenders: 0+
Secure \nSOC 2 Type 2 certified, automated redaction, and data-purge rules to protect information, reducing breaches.
Fast \nAutomation cuts manual verification time from the industry standard of 3 to 5 business days to just a few minutes.
Plug n Play \nAgnostic to the medium, easy to integrate into existing workflows or legacy systems via iFrame or API in less than a week.
How it works
Request \nSimply log in to the Asset Verification platform and create an asset-inspection request for the asset owner to complete.
Receive \nOwner receives a message with a link of the platform to upload the documents for the asset inspection request.
Capture \nThe asset owner captures images of the asset and a 360 video of their asset using their smartphone.
Verify \nThe owner is prompted to complete their Verification of Identity (VOI) that is matched against government database(DVS). In addition, we also verify the rego paper details, destination of the fund such as bank statements, roadworthy certificate documents and everything required for a comprehensive verification check of the asset.
Report \nA comprehensive report is generated instantly with all supporting details, images, and verification results, ready for review or audit.
Key Features
Your all-in-one asset verification powerhouse, with over 20+ features for a faster, easier workflow.
Facial Recognition \nAdded layer of security eliminating impersonation or fraud with advanced facial recognition technology.
Biometric Liveness Check \nLiveness verification ensures that individuals' images and videos are not artificially generated or altered.
Deep Fake Detection \nAI-driven deepfake detection to identify any manipulations.
Number Plate OCR \nAutomated Number Plate Recognition with OCR for quicker verification.
VIN/HIN OCR \nAutomated extraction of VIN/ HIN for reduced manual error.
Asset Details & Photos \nCollection & verification of all asset information including 360 degree videos & all-important photos.
Proof of Ownership \nVerifies the ownership of the asset by automatically cross-checking the ownership documents and government records.
Funds Destination Verification \nBank account and account holder verification to prevent potential fraud.
AI-Powered Cross Check \nAutomatically cross-check data and documents for enhanced accuracy and consistency.
Location & Timestamp \nGPS location and timestamp on all information uploaded to ensure consistency.
Personalised Landing Page \nAllows users to have their personalised landing page, highlighting their brand identity with their logo.
Customisable Report Template \nInclusion of logos and colours, providing a professional and tailored touch to the reports.
Frequently Asked Questions
What is Asset Verification?
Asset Verification is a secure platform that enables lenders, brokers, and buyers to validate vendors and several types of assets within just minutes.
How does Asset Verification work?
Asset Verification offers a platform for identity and asset validation, streamlining the process for lenders, brokers, and buyers to write more finance in a faster and more efficient manner.
How does Asset Verification enhance the efficiency of asset management?
Asset Verification reduces costs associated with data collection, physical inspections, and identity verification, resulting in a more efficient asset management process.
What Security measures does Asset Verification implement?
Asset Verification holds SOC2 Type 2 certification, signifying stringent information security measures and procedures that ensure the security, availability, processing integrity, and confidentiality of customer data.
What are the key features of Asset Verification?
Key features of Asset Verification include:
- Facial Recognition
- Biometric Liveness Check
- Deep Fake Detection
- Automated Number Plate recognition
- VIN/HIN extraction
- Asset Details & Photos collection and verification
- Proof of Ownership verification
- Funds Destination Verification
- AI-Powered Cross Check
- Location & Timestamp
- Personalised Landing Page
- Customisable Report Template
How does Asset Verification contribute to solving a problem for lenders and brokers?
Asset Verification aids lenders and brokers in fulfilling their obligation to verify and track the assets they are financing, offering a streamlined and efficient solution.
What types of assets can Asset Verification verify?
Asset Verification can verify several types of assets, including Motor Vehicles, Motorcycles, Marine/Boats, Trucks/Lorries, Campervans/Motorhomes, Caravans, Plant & Equipment, Trailers, other asset like non-vehicle digital asset, fitness equipment, medical equipment, spiral mixers, icemaker, etc.
How does Asset Verification provide benefits to businesses?
Some key benefits of Asset Verification include:
- Quicker Turnaround: Receive a report within minutes once the inspection is processed, saving time on inspections and document collection.
- Cost Effectiveness: Reduce costs associated with data collection, data checking, physical inspections, and identity verification.
- Fraud Reduction: Minimise fraudulent activity through the use of advanced technologies, including real-time database validation, geolocation verification, and biometric authentication.
How does Asset Verification ensure quick and accurate reports?
Asset Verification’s streamlined process allows for reports to be generated within minutes after the inspection is processed, ensuring efficient turnaround.