Fortiro is a SaaS product that automates document ingestion and detects fraud in payslips and bank statements real time. According to PwC, 1 in 4 loan applicants lie about income and expenses, and 10% of all paystubs submitted are fake.
Fortiro automates the verification assessments upfront, allowing teams to spend less time manually reviewing documentation. Using data smarts and complete automation, Fortiro detects instances of fraud the human eye cannot see, before it enters your lending system.
Fortiro improves accuracy and reduces the reliance on manual and inconsistent verification controls. Fortiro boast customers such as Athena, Latitude, Bank Australia and the Tasmanian Government.