Bank Statement Verification Software
Doxis’ AI-powered bank statement verification automatically validates financial data, detects fraud, and confirms account ownership. Streamline onboarding and ensure KYC/AML compliance.
Trusted by 1000+ brands worldwide
WHY SWITCH TO AUTOMATION
Minimize Fraud with Bank Statement Verification
Manual bank statement verification is error-prone and difficult to scale, making it easier for fraudulent documents to go unnoticed. Doxis’ AI-powered verification software automatically analyzes financial data, detects inconsistencies, and identifies signs of tampering.
BENEFITS
Faster, Smarter, and Fully Automated Bank Statement Verification with Doxis
Doxis’ AI-powered bank statement verification software automates data validation, fraud detection, and income checks. We help you reduce manual work, improve accuracy, and ensure compliance across onboarding and financial workflows.
Prevent Fraud and Detect Tampering
Automatically identify inconsistencies and signs of manipulation in bank statements to reduce fraud risk and improve trust in your verification process.
Verify Income and Financial Data Instantly
Analyze transaction data, balances, and income streams in seconds to validate financial information without manual review.
Accelerate Customer Onboarding
Reduce verification time by up to 70% and deliver faster onboarding experiences without compromising accuracy or compliance.
Ensure KYC & AML Compliance
Automate verification workflows to meet regulatory requirements, reduce compliance risks, and maintain audit-ready processes.
How it works
How Automated Bank Statement Verification Works
Doxis’ AI-powered bank statement verification automates the entire process, from document upload to fraud detection and data validation, delivering accurate, structured results in seconds.
Upload or scan the bank statement
The first step is providing a picture or a PDF file of a bank statement to our API. Usually this is done from a mobile app, email, FTP or web application. The document can be sent cropped or uncropped.
If it is sent uncropped, the Doxis API will automatically crop the document. The background will also be removed by the software.
Extract text from bank statements with OCR
As soon as a picture or PDF has been received, each page is converted to a TXT file by using OCR. The OCR converts it to text format to get a readable version.
Now that we have readable text we can get the data structured using machine learning.
Parse the data into JSON output
The text file from the previous step is converted into a structured JSON format by default. However, other output formats such as CSV, PDF, XLM, XLSX are also possible.
With our API, you have an extra option to anonymize all the privacy-sensitive data before the output is being processed into your system. This is to ensure GDPR and other regulatory compliance.
Validate the data automatically
The selected data fields are verified after data extraction to ensure that the bank statement is valid. Next to that, our AI algorithms are able to detect whether the bank statement has been tampered with. Doxis uses EXIF analysis to make sure that the bank statement is authentic.
After the field validation is done, the API returns the output to your desired destination (database, ERP system, applications, etc).
Prevent
Fraud
Fraud
Detect fraud in an instant with our AI algorithms
Ensure Accuracy
Extract data with up to 99% accuracy with AI-driven OCR
Stay
Compliant
Compliant
Comply easily with KYC/AML regulations in your industry
Improve Security
Safe identity verification for your business & your users
Which data fields can be extracted from a bank statement?
Below the standard fields that can be extracted via OCR. On request, additional fields can be added.
Global Coverage for Identity Document Verification
Our AI-powered Identity Verification solution can automatically extract and verify data from various documents worldwide, ensuring a complete identity verification flow.
“Doxis’ automated ID verification solution fulfills all our requirements: it is accurate, fast, and secure. The seamless integration into our operations was definitely a great bonus.”
With Doxis AI.dp, SNCF automated identity verification for its Junior & CIE service, reducing manual checks and improving security across high-volume passenger workflows.
How Transport Giant SNCF Automates ID Verification Checks
Frequently Asked Questions
What is bank statement verification?
How does automated bank statement verification work?
How can I verify a bank statement automatically?
Can bank statement verification detect fraud or tampering?
What data is checked during bank statement verification?
How accurate is bank statement verification?
Can bank statement verification help with KYC and AML compliance?
Can I integrate it with my systems?
Is bank statement verification suitable for high-volume processing?
Who should use bank statement verification software?
OUR BLOG
Discover Our Insightful Articles
Explore our step‑by‑step blogs on streamlining document processing with the AI.dp Platform.