Finora AI

Building AI Compliance Platform For US-based FinTech Brand

An intelligent Gen AI solution was designed for a FinTech company from the USA. Built with expertise from our expert Indian programmers, the AI platform achieved seamless workflows and operational efficiency.

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Licensed Loan
Officers

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Certified Financial Advisors

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Operational & Support Professionals

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Active
Clients

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Assets Under Management

Compliance Query Support

An AI assistant that guides regulatory requirements and policy interpretations to reduce repetitive administrative tasks for staff.

Intelligent Regulatory Monitoring

AI-powered alerts with impact summaries to keep financial teams informed on regulatory changes, ensuring continuous compliance.

Risk Assessment Support

AI-assisted compliance scoring for loans and transactions, supporting thorough manual reviews and regulatory risk evaluation.

Document Processing Assistance

Smart document review system that extracts key compliance data from loan files, identifies gaps, and highlights potential issues.

Report Generation Support

Automated data compilation & formatting for regulatory reports reduced manual preparation while maintaining staff oversight.

Policy Management Hub

Centralized portal providing access to current policies, regulatory updates, and guidelines, ensuring alignment across all departments.

AI-Powered Document Processing for Speed

Challenge

Finora AI staff were spending 3–4 hours per loan manually reviewing compliance documents during peak periods.

Solution

Our team of Indian programmers built an AI-powered document processing module using Python and TensorFlow. Machine learning models were utilized for document classification and gap detection.

Impact

35% reduction in manual document processing time
25% improvement in compliance accuracy within 12 months

AI Support to Reduce Repetitive Queries

Challenge

Compliance professionals spent 65% of their time on repetitive administrative tasks, such as regulatory queries, updating policies, etc.

Solution

We worked conversational AI using spaCy NLP, a SOC 2-compliant solution, to assist staff with regulatory inquiries and policy guidance. The platform integrated seamlessly with core banking systems.

Impact

40% reductionin administrative workload
75% of routine queriesare resolved automatically by AI

Smart Regulatory Tracking to Save Time

Challenge

Manual monitoring of regulatory changes resulted in delays in policy updates, leaving staff without timely guidance on the critical compliance impacts.

Solution

Trained on financial regulatory datasets, the AI platform assessed regulatory impacts, generated recommendations, and highlighted critical changes using TensorFlow and scikit-learn.

Impact

60% faster response to regulatory updates
45% improvement in policy implementation speed

AI-Powered Loan Processing for Efficiency

Challenge

Inefficient workflows, documentation errors, and missed compliance checks slowed loan approvals and increased operational costs.

Solution

The AI platform introduced loan compliance support, including document validation, compliance scoring, risk assessment, and workflow routing with integration to loan origination systems.

Impact

25% faster loan approvals, reducing processing time to 9 days
20% improvement in compliance accuracy
Reduced overhead and operational inefficiencies

PWA Development

We built a Progressive Web App (PWA) for our client’s marketplace to enable both parents and children to upload, showcase, and sell toys online easily. Since the PWA design focuses on simplicity, it provides an intuitive interface that lets users list items quickly from any device -desktop, tablet, or mobile.

Treezor for secure payments

We integrated a secure payment gateway to provide users with a safe, protected transaction experience. By leveraging Treezor, we ensure that no banking details are stored on the platform. This robust solution offers secured and seamless payments without compromising sensitive information.

Integration with ID Now

To strengthen data security, we integrated IDNow into our client’s marketplace. IDNow ensures that critical documents like passports and IDs are not saved on the platform but are accessed directly through a secure channel during registration.

Authentic user access

To ensure that only verified users can access our services, we require all customers to complete Know Your Customer (KYC) verification. This helps create a trusted environment, prevents fraud, and provides a secure platform for safe transactions.

GDPR Compliance

By following GDPR standards, we have prioritized data privacy and protection, establishing stringent security measures to safeguard personal information. Our approach includes transparent data processing, secure data storage, and strict access control.