Banking Fintech News

Incode and Banorte Join Forces to Offer Remote Account Registration in the Identity Authentication Revolution

Incode and Banorte Join Forces to Offer Remote Account Registration in the Identity Authentication Revolution

Integration with Incode enables Banorte customers to securely create a bank account from their phones with Incode Omni, used in the largest banks and neobanks in the world

Incode Technologies Inc., the leading identity verification and authentication platform for global enterprises, announced a strategic integration with Mexico’s second largest bank and financial services company, Banorte. Incode’s identity verification technology elevates the customer user experience of financial organizations worldwide.

In today’s digital world, it is essential for financial institutions to offer frictionless online services to elevate customer experiences and ensure impactful competitive advantages. This new integration verifies a person’s identity against the National Electoral Institute (INE) database using Incode’s artificial intelligence technology, which guarantees a fast, secure, and reliable experience for the user.

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Using the Banorte Mobil app, the applicant can open their account and sign up for products such as mutual funds, insurance or credit cards. Likewise, those who carry out a payroll transfer to Banorte will have the benefit of accessing a payroll credit from the very first payment they receive.

Marcos Ramírez Miguel, CEO of Grupo Financiero Banorte, said: “We offer users the possibility of becoming Banorte customers in a completely digital way, from their cell phones and with immediate access to a bank account without limits. We will continue working to become the best at banking in a digital world.”

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“We are proud to partner with a financial institution like Banorte in the development of its digital banking, which highlights Banorte’s dedication to customer service,” said Ricardo Amper, CEO and founder of Incode. “Banorte offers first-class service to its customers, with simple, agile and secure processes that represent the banking of the future.”

Like Banorte, global financial institutions and fintechs, hotels, governments, and entertainment venues are using Incode’s fully automated artificial intelligence-solutions like Incode Omni to increase revenue and reduce fraud while providing users with a privacy centric experience.

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