BFSI
Secure banking, finance and insurance applications, integrations and testing.
Challenges we solve
Rising online payment fraud & identity theft
AI Fraud Detection
AI transaction anomaly & fraud scoring engine
Slow, paper-heavy loan origination
Digital Loan Automation
Digital LOS with automated KYC & credit scoring
Legacy core banking integration friction
API Banking
Secure API banking & microservices layer
Strict AML & regulatory compliance reporting
Compliance Automation
Automated compliance audit & reporting engine
High customer service queue volume
AI Banking Bots
AI Conversational banking bot with core sync
Complex insurance claims processing
Smart Claims Processing
OCR & Vision AI automated claims ingestion
Our solutions for BFSI
What we build and deliver for teams in this industry.
Digital Loan Origination System (LOS)
End-to-end digital onboarding, instant e-KYC, credit decisioning, and disbursement.
AI Fraud Prevention Engine
Real-time machine learning models scoring card and UPI transactions for fraudulent behavior.
API Banking & Open Middleware
Secure RESTful API layer bridging modern mobile apps with legacy core banking databases.
Vision AI Document Processing
OCR and computer vision extracting data from IDs, bank statements, and tax returns.
Business outcomes
What customers can expect from working with us.
90% Faster Loan Approvals
Automated credit scoring cuts approval times from days to minutes.
Real-Time Fraud Blocking
Flag and block suspicious transactions within milliseconds.
Seamless KYC Onboarding
Digital video-KYC reduces customer drop-off rates during account opening.
Zero-Trust Security
Enterprise encryption and compliance with PCI-DSS and GDPR.
Lower Operating Costs
Automating document ingestion drastically cuts manual underwriting overhead.
24/7 Self-Service Banking
AI chatbots handle up to 70% of routine customer inquiries without human agents.
Case study
A closer look at our work in BFSI.
Fintech / Payment Processor
Real-Time AI Fraud Detection System
The challenge
Suspicious high-frequency transaction fraudulent attacks caused financial chargebacks and user trust loss.
Our solution
OdiTek engineered an inline real-time scoring engine processing transactions against risk rules and ML anomaly models in under 50ms.
The outcome
- Fraudulent transactions reduced by 82%
- Processed over 5 million daily API payment requests smoothly
- False positive rate kept under 0.1%
Non-Banking Financial Company
Automated Loan Origination System (LOS)
The challenge
Manual loan verification relied on physical document submissions, resulting in a 7-day turnaround time.
Our solution
OdiTek built a fully digital LOS platform incorporating OCR extraction, API credit bureau integration, and automated underwriting.
The outcome
- Loan processing turnaround time cut from 7 days to 15 minutes
- Operational processing costs slashed by 55%
- Handled 3x loan application volume without additional staff
Health & General Insurance Provider
Vision AI Document OCR & Claims Ingestion
The challenge
Insurance claims processing teams manually re-keyed data from handwritten hospital bills and claim forms.
Our solution
OdiTek deployed a Vision AI OCR engine that automatically parses handwritten text, validates bill totals, and flags duplicate claims.
The outcome
- Claims processing throughput increased by 300%
- Data entry errors eliminated by 98%
- Claims approval turnaround time reduced by 5 days
