In France, 10.8% of individuals say they have already defrauded via a false document according to a study conducted by Finovox in partnership with an independent polling institute, Selvitys. And, every year in France, tens of billions of euros disappear because of falsified identity documents, manipulated invoices or modified bank statements. These fraudulent documents, often undetectable to the naked eye, weaken the country's economy.
In this context, Finovox is taking a new step forward! The French company, already recognized for its expertise in the detection and investigation of document fraud, is expanding its offer by now offering Document Processing. We'll tell you more in the rest of this article.
Until now, the Finovox platform was based on two main pillars.
The first, Fraud Analysis, specializes in detecting manipulations that are invisible to the naked eye. It analyzes the consistency of document data, identifies graphic retouching and highlights digital alterations.
The second, Case Investigation, assists companies in managing suspected fraud by allowing them to investigate, collaborate and produce evidence reports in accordance with regulatory standards.
With Document Processing, Finovox adds an essential dimension: that of upstream treatment. Where many organizations still rely on tedious manual processes, this new module automates the receipt, sorting, verification of documents, and compliance.
For example, a multi-page folder can thus be separated and organized without human intervention. Each document is identified (invoice, certificate, quotation or even bank receipt), evaluated according to its format, quality and eligibility and then subjected to a compliance analysis. Key information, such as an IBAN, amount, or date, is extracted and integrated directly into business systems.
With this new brick, Finovox becomes the only solution capable of covering the entire documentary cycle: processing, detection and investigation.
The advantage? This approach is transforming the daily lives of teams. Where hours were needed to sort and review supporting documents, a few seconds are now enough. The result is twofold: a reduction in proofreading costs and an acceleration of validations.
Finally, businesses are seeing their automated processing rate (or STP - Straight-Through Processing) increase sharply.
With these three pillars combined, Finovox stands out as a complete documentary verification software. The solution supports businesses at every stage, from the receipt of supporting documents to the final decision on a suspicious file.
First, let's talk about customer onboarding. When a new user wants to open a bank account or take out insurance, their supporting documents are first processed automatically, then analyzed to detect possible falsifications.
In the event of an anomaly, a collaborative investigation can be opened to quickly rule and document the decision. This is how actors from different sectors, such as Spvie or iCover, strengthen their compliance while continuing to provide a seamless experience for their users.
In a completely different context, that of Indemnification, the solution makes it possible to identify false invoices or estimates sent during a claim.
By making their processes more reliable through automated detection, insurance players such as L'Olivier Assurance or Metlife limit their losses and speed up the processing of cases.
Finally, as part of a financing, Finovox verifies the disbursement by validating the authenticity of the balance sheets, bank statements, invoices or identity documents provided.
Businesses like Orange Bank or even international groups such as HP rely on the solution to prevent fraud and protect their operations.
These use cases illustrate the diversity of needs covered by Finovox. Whether banks, insurers, real estate players, retailers or recruitment platforms, all sectors where documents play a central role can benefit from reliable and effective protection.
Beyond functional coverage, Finovox is distinguished by its hyper-specialization in document fraud.
Where other solutions focus on the simple recognition of documents, Finovox puts the sensing And the prevention falsifications at the heart of its offer. This expertise is reflected in algorithms capable of identifying minute manipulations and in adapting to the specific needs of each organization.
This expertise is based on algorithms capable of identifying minute manipulations (alterations invisible to the naked eye, subtle arrangements or structural inconsistencies) and on the ability to adapt to the specific needs of each sector.
Result? Finovox is a solution that goes well beyond basic control, to offer real added value in terms of documentary compliance.
Finovox is not satisfied with a standard technical deployment.
Each customer benefits from a personalized support, provided by a dedicated expert, in order to guarantee a smooth integration into its existing business processes.
Whether it is customer onboarding, compensation or financing, the configuration is adapted to the organization's concrete use cases.
This tailor-made approach not only optimizes the performance of document controls, but also strengthens the commitment of internal teams who find a solution that is perfectly aligned with their operational needs.
Beyond simple compliance with standards, this approach reflects a clear desire: to put the security and Confidence at the documentary verification center.
Document fraud isn't just about compliance or security: it directly threatens trust between businesses, institutions, and customers.
Each falsified document, each amended invoice weakens economic relationships and increases operational burdens. Finovox, with its comprehensive technological response, is helping to restore this trust.
The company's promise is clear: to enable organizations to check each document quickly and inviolably, while streamlining their paths.
With the addition of Document Processing, this promise takes on a new dimension. Finovox is no longer content with detecting and investigating fraud: it transforms the entire documentary cycle into a automated, reliable and compliant process.
Marc de Beaucorps, CEO and co-founder of Finovox, summarizes the company's ambition as follows: “With the addition of Document Processing, Finovox is taking a new step forward and becoming the only solution capable of covering the entire documentary cycle, from the receipt of supporting documents to the investigation of fraud. In a context where document fraud is constantly growing, our ambition remains the same: to provide reliable, fast and compliant with the highest standards technology to companies, for all their processes: from onboarding to financing, including compensation.”
This comprehensive coverage is a unique response on the market. And for businesses, it is a guarantee of greater protection, a reduction in costs and an improvement in their competitiveness.
To find out more about Finovox, ask for a demo from one of our experts!
