Regula, a global developer of forensic devices and identity verification solutions, has improved the onboarding process for Maza, a fintech company dedicated to providing new immigrants in the U.S. with rapid access to essential financial services. By integrating Regula Document Reader SDK and Face SDK, Maza has established a streamlined, secure identity verification process, enhancing customer experience and reducing onboarding costs by 50%.
Maza assists newcomers to the USA with obtaining an Individual Tax Identification Number (ITIN), which allows them to file taxes, gain access to the US financial system, and more while waiting for their Social Security Number (SSN). The core part of Maza’s services is the Know Your Customer (KYC) process, which helps verify the identities of around 5,000 clients every month.