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Startup Business Solution Improve Your QualityFinancial institutions requiring comprehensive verification services.
Years Experiance
Universal Financial Services was founded in Vijayawada to assist Nationalized Banks, Non-banking Finance Companies, and Local Finance Companies. Our expertise lies in Fraud Detection, Document Verification, and Field Verification. With a track record of 24 years, we have established a strong presence across Andhra Pradesh and Telangana. Our robust infrastructure and experienced manpower enable us to cover wide network areas effectively. We have gained the reputation of being one of the best in the industry.
The financial sector faces a high incidence of fraudulent activities, leading to significant financial losses.
Financial institutions often have limited manpower and resources to conduct extensive verification, impacting the quality and speed of their services.
Many institutions struggle with inaccurate and incomplete document verification, leading to erroneous loan approvals.
Charging for regulatory compliance consulting services.
Lack of thorough field verification processes results in missed critical information, contributing to higher default rates.
Keeping up with ever-changing regulatory requirements is challenging, leading to compliance issues and potential penalties for financial institutions.
Implementing advanced fraud detection systems to identify and mitigate potential frauds early.
Utilizing state-of-the-art technology for thorough and accurate document verification, reducing errors
Conducting in-depth field verifications to ensure complete and accurate information.
Employing a well-trained and experienced team to handle verification processes efficiently.
Staying updated with regulatory changes and ensuring compliance through regular training and audits.
Our advanced systems utilize cutting-edge algorithms to identify and prevent fraud early in the verification process, reducing potential financial losses for institutions.
We provide accurate and thorough verification of all financial documents, ensuring that all information is correct and reliable, thus minimizing the risk of errors.
Our team conducts detailed onground verification of applicants and their credentials, ensuring the authenticity and accuracy of the provided information
We maintain robust back office operations to efficiently support all verification processes, enhancing overall service quality and speed.
We assist financial institutions in navigating complex regulatory requirements effectively, ensuring full compliance and minimizing the risk of penalties.
Startup Business Solution Improve Your QualityFinancial institutions requiring comprehensive verification services.
Companies seeking fraud detection and document verification
Smaller finance companies needing field verification.
Organizations needing thorough verification for home loan applications
Companies requiring detailed verification for policy issuance and claims processing.
Startup Business Solution Improve Your QualityFinancial institutions requiring comprehensive verification services.
The global financial verification market size was valued at USD 8.43 billion in 2021 and is projected to reach USD 32.94 billion by 2030, increasing at a CAGR of 16.35% from 2022 to 2030. Saurce: straitsresearch
The Indian financial verification market size is expected to grow at a compound annual growth rate (CAGR) of 16.42% during the forecast period of 2023-2030 and is projected to reach $1,166.56 million by 2030 Saurce: incwoodresearch
UNIVERSAL FINANCIAL SERVICES aims to capture 5% of the Indian office supplies market, equating to approximately USD 58.3 million.
Wide coverage across Andhra Pradesh and Telangana, ensuring comprehensive services.
Highly trained and experienced staff capable of handling complex verification tasks.
Long-standing relationships with major financial institutions, reflecting trust and reliability.
Leveraging technology to streamline verification processes and enhance service delivery.
Running targeted marketing campaigns to raise awareness about our services
Establishing partnerships with financial institutions to provide tailored services.
Conducting training programs for our staff to ensure up-to-date knowledge and skills.
Implementing a feedback mechanism to continually improve our services based on client input.
Explore and establish new sales channels such as subscription services for regular supply deliveries
Charging service fees for verification services provided.
Offering subscription plans for regular clients.
Charging fees per transaction for document and field verifications.
Charging for regulatory compliance consulting services.
UNIVERSAL FINANCIAL SERVICES #31-11-1, 2 nd Floor, Hindi College Street, Near SRR College, Machavaram, Vijayawada-520004.
