Fintech Mobile Wallet
E-wallet app featuring facial eKYC and a real-time transaction fraud detection system.
Project Details
Challenge
The Fintech startup wanted to launch an ultra-fast wallet app but was bogged down by cumbersome traditional KYC processes. They also needed a solid shield against money laundering (AML) and card fraud.
Solution
Developed a Mobile App using React Native for a cross-platform experience. Integrated eKYC with biometric recognition and Liveness checks. Backend uses Kafka to stream all transactions through an AI Engine for real-time risk scoring.
Result
The wallet gained 2M+ downloads after 6 months. Transaction verification and risk scanning take < 0.1s. Automatically prevents 99.9% of fraudulent payment attempts.
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