Automated KYC Document processing
KYC Documents require verifying identity details against databases. Parsit does this automatically — faster, more accurately, and without errors.
KYC Documents: before and after Parsit
Before
Compliance officers manually review scanned IDs, passports, and utility bills, typing the details into verification systems, which is slow and unscalable.
39001010000<3005156M<<<<<<<<<<<<4
After
Parsit reads MRZ codes, extracts text from any global ID format, and structures the data for instant background checks and onboarding.
| A | B | C | D | E | |
|---|---|---|---|---|---|
| 1 | First Name | Last Name | Personal Code | Valid Until | MRZ Validation |
| 2 | VARDENIS | PAVARDENIS | 39001010000 | 2030-05-15 | PASSED |
| 3 |
How Parsit processes KYC documents
Date extraction
Full name, date of bandth, document number, nationality, expandy date, personal code, and MRZ data.
Validation and checking
Validates the MRZ checksums, checks if the document is expanded, and ensures data consistency across multiple submitted documents.
Delivering results
Secure API payload sent directly to your compliance or onboarding platform.
Where are they used: KYC documents
Finance & Banking
Fintechs and banks need to onboard users quickly. Parsit automates the data entry part of the KYC process for instant approvals.
Legal Services
Lawyers must verify client identities for AML compliance. Parsit speeds up the administrative burden of client intake.
Try automating KYC documents with your own files
Register for an intro call. We will discuss your processes and prepare a custom demo that you can try yourself.
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