India’s Leading BFSI and FinTech Companies 2021

67 India’s Leading BFSI and FinTech Companies 2021 Experts’ Views AuthBridge Research Services Private Limited How would you summarize AuthBridge’s journey since inception? Our 15-year journey of authentication services and continuous innovation has powered our next-gen products and offerings. Founded in 2005, we have grown to 1,500+ clients across 30+ sectors with verification capabilities across 140 countries. Partnering with blue-chip companies across E-commerce, IT/ITeS & BFSI has provided a robust foundation for our growth. Our industry-compliant automated verification and onboarding solutions for customers, employees and vendors have helped us establish ourselves as a market leader in authentication services. Our recently launched Digital solutions across onboarding, underwriting, and documentation facilitate seamless, contactless customer acquisition, which is secure and scalable. The use of alternate data with advanced analytics, AI/ML for verification have helped us to uniquely position ourselves in the market. Our differentiated solutions have provided a strong push to services in various industries and multiple geographies. Walkus throughyour digital onboarding and authentication solutions for the BFSI sector. Besides these, what are some of the new and innovative AI and data-driven solutions you offer to financial service providers? AuthBridge is a pioneer in providing alternate data services, authentication technology and corporate intelligence. The plug-and-play nature of these products and services facilitates business for seamless onboarding, secure authentication of individuals and businesses for a variety of industries. We have built customized platforms for our financial services customers to drive revenue, compliance, process efficiency and operational risk mitigation across the customer life cycle. With evolving business focal points in financial services, the priority has changed to customers, customized products and contactless onboarding. AuthBridge has developed digital platforms and services to become a one-stop solution in these areas. The most relevant platforms we offer are total KYC solutions, Video Personal Discussion, Digital documentation workflow and a comprehensive API ecosystem for onboarding and underwriting. What is the company’s outlook for the next 3-5 years? As part of our strategic growth plan for the next 3-5 years, New Product Development, New Use Cases and Geographical Expansion have been identified as our three main growth vectors going forward. Our New Product Development is seeing us constantly investing in alternate data, digital and remote onboarding, identity & fraud management and business intelligence. Proprietary databases, domain expertise, industry-specific solutions are the key pillars for our next-gen product and services and we will continue to invest in these. Our market outreach and deep solutions focus is enabling us to discover and solve new use cases and pain points for customers – including use cases around data, intelligence, and remote & contactless authentication services. And finally, in line with our strong market-leading presence, we intend to further deepen our presence in regional micro-markets across India, while also expanding into multiple overseas locations in the next 3-5 years. With a strong and rising demand for authentication services, AuthBridge is looking at a robust and aggressive expansion in the near future. COVID-19 has further acceleratedmarket adoption of Authentication services, which in turn is expected to help us scale at an even faster rate in the coming years. Pratyush Chandramadhur Chief Business Officer Dun & Bradstreet