Sikoia

🏆 We’re thrilled to share that Sikoia has been awarded “Most Scalable Solution” at the MoneyLIVE Summit Startup City Awards! This recognition means a lot to us. We've worked hard to build a solution that doesn’t just work - it scales. And it’s great to see that validated not only by this award, but also by the growing number of financial institutions trusting us to power their onboarding and verification processes. Sikoia transforms how financial services onboard customers. Our AI-driven platform extracts and standardises data from documents in seconds, automating critical verification checks like income, employer, affordability, and more. It’s fast, accurate, and built for scale. 💫 Big thanks to the MoneyLIVE team and the judges. #MoneyLIVE #StartupCityAwards #MLSUMMIT25

We had two fantastic days at MoneyLIVE! It’s clear that many banks are eager to move away from manual processes, but issues with accuracy, usability, and scalability remain a major roadblock. That’s exactly where Sikoia comes in: 🔹 Real-time verification of income, affordability, and more  🔹 Instant customer feedback to reduce drop-offs and speed up decisions  🔹 Zero manual reviews—cutting costs without sacrificing accuracy Beyond great conversations at the booth, we loved hearing from industry leaders during these standout panels: 🧩 Mortgage innovation in building societies – Great insights on speeding up mortgage decisions and reducing friction, with smart takes from John Penberthy-Smith (Saffron Building Society), Michael Conville (Newcastle Building Society), and Claire Askham Cert CII (MP) (Buckinghamshire Building Society). 🔧 Digital strategy deep dive – A thoughtful discussion on overcoming legacy infrastructure and prioritising digital investments, with Tina H. (Yorkshire Building Society), Rita Bullivant (Melton Building Society), and Gurminder Singh Bhagrath (Plane Saver Credit Union) leading the way. 🧠 Customer-centric innovation – Inspiring keynote from Jayne Opperman (Lloyds Banking Group) on putting the customer at the heart of digital transformation—something we strive for in everything we build at Sikoia. Thanks to the organisers, speakers, and everyone who stopped by—exciting things ahead! #MoneyLIVE #MLSUMMIT25 

Banks and financial services still struggle with customer verification. Why?  Because existing solutions—OCR, open banking, and payroll APIs—don’t deliver on accuracy, cost-effectiveness, and usability required. At Sikoia, we’ve reimagined customer verification by combining:    ⚡ Large Language Models & proprietary data extraction   ⚡ Real-time fraud & accuracy checks that eliminate errors  ⚡ Adaptive automation that requires no change in user behaviour Unlike traditional providers, our solution automates workflows with 100% application coverage and accuracy—without requiring any changes in customer behavior. We efficiently process high volumes of applications at a fraction of the cost. Want to see how it works? Meet us at booth S21 at MoneyLIVE next week!  📩 Message us to schedule a demo or drop by for a chat. 

How has Sikoia’s AI transformed your customer verification process? Don’t just take our word for it—hear it from those who’ve experienced it firsthand. 🚀 🔹 Improved operational efficiency & customer satisfaction 🔹 Consistent, data-driven decisioning 🔹 Automated income verification & boosted efficiency Our AI-driven solutions are redefining customer verification, helping financial services streamline onboarding and reduce risk—without the headaches.

Still on the fence about AI in mortgages? 🤖💭 We get it—there are a lot of misconceptions about getting started with AI. Some think it’s too complicated, expensive, or even risky. But here’s the reality: AI can be simple, secure, and a game-changer for brokers. Swipe to debunk AI myths and see how it can help you work smarter, not harder!

Heading to MoneyLIVE next month? 👀 We’ll be there on March 10-11 - and we’d love to meet you! 🚀 Join us at 𝗯𝗼𝗼𝘁𝗵 𝗦𝟮𝟭 for a live demo of how Sikoia is transforming customer verification and onboarding with AI-powered automation. Financial services still rely on manual, document-heavy processes—we’re here to change that. 𝗢𝘂𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗰𝘂𝘁𝘀 𝘃𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝘁𝗶𝗺𝗲𝘀 𝗳𝗿𝗼𝗺 𝗵𝗼𝘂𝗿𝘀 𝘁𝗼 𝘀𝗲𝗰𝗼𝗻𝗱𝘀, 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗶𝗻𝗴 𝗳𝗮𝘀𝘁𝗲𝗿 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀, 𝗹𝗼𝘄𝗲𝗿 𝗰𝗼𝘀𝘁𝘀, 𝗮𝗻𝗱 𝗮 𝘀𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝘂𝘀𝗲𝗿 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲. If you’d like to schedule a meeting during the event, drop us a message! Or, stop by our stand to meet Alexis and our CEO, Emmanuelle, our Commercial Director, and discover how our solution is revolutionising customer verification and onboarding through automation. #MoneyLive  

The lending landscape is changing fast—are brokers keeping up? In the latest issue of The Intermediary Magazine, our CEO Alexis, explores how AI-driven automation is transforming the industry—helping brokers work smarter, not harder. 🔹 𝗧𝗶𝗺𝗲-𝘀𝗮𝘃𝗶𝗻𝗴 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻 – Cut hours of manual work to minutes with AI-powered document processing, ID verification and AML checks. 🔹 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 & 𝘁𝗿𝘂𝘀𝘁 – Reduce errors and stay ahead of regulations with automated, secure checks. 🔹 𝗧𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗶𝘀 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 – Brokers who embrace technology will deliver faster, more accurate client service and gain a competitive edge. Read the full article here: https://lnkd.in/ewRdC49p #Lending #Automation

Affordability checks go beyond a single document—they're about uncovering the full financial picture. 🔹 Employment & income checks require payslips, tax returns, contracts, and more.  🔹 Address verification needs cross-checking documents and official records.  🔹 Affordability assessments demand accurate income, expenses, and debt validation across a specific timeframe. Traditionally, this process is manual, slow, and prone to errors. But with Sikoia’s AI-powered document processing, brokers and lenders can: 🚀 Automate verification checks across multiple documents, reducing manual effort.  💡 Increase accuracy by minimising human errors in affordability calculations.  ⚡ Accelerate approvals by extracting & validating data in real time. At a time when 66% of UK homebuyers see affordability as the biggest hurdle, and 34% rely on brokers to assess lending options, efficiency and accuracy have never been more critical. By automating document verification, we’re helping brokers and lenders make faster, smarter, and safer lending decisions—all while enhancing the client experience. 💬 How do you see AI transforming mortgage verification? 

Why is income & employment verification still so slow? 🔍 In many cases, verifying a person’s income and employment is 𝘀𝘁𝗶𝗹𝗹 𝘃𝗲𝗿𝘆 𝗺𝘂𝗰𝗵 𝗮 𝗺𝗮𝗻𝘂𝗮𝗹, 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁-𝗵𝗲𝗮𝘃𝘆 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 today. Whether applying for a mortgage, a loan, or even a rental agreement, customers are asked to provide pay slips, bank statements, and tax records, which then need to be reviewed, cross-checked, and validated—often taking days or even weeks to complete. This slow, error-prone process isn’t just frustrating for customers—it’s a bottleneck for financial institutions: ⚠️ Delays in lending decisions  ⚠️ Increased operational costs  ⚠️ Higher risk of fraud and compliance failures 📈 With both loan applications on the rise and higher customer expectations, the financial industry needs faster, more accurate verification processes—and smart, AI-powered processing is the answer. By using Sikoia’s platform, 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝘀 𝗰𝗮𝗻 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗲 𝗽𝗿𝗲𝘃𝗶𝗼𝘂𝘀𝗹𝘆 𝗺𝗮𝗻𝘂𝗮𝗹 𝘁𝗮𝘀𝗸𝘀 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗱𝗮𝘁𝗮 𝗲𝘅𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻, validation, and fraud detection in real-time. At Sikoia, we've seen automation improve verification efficiency by 50%, helping lenders and financial providers make faster, more confident decisions while improving the customer experience. 💡 𝗜𝗺𝗮𝗴𝗶𝗻𝗲 𝗿𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝘃𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝘁𝗶𝗺𝗲 𝗳𝗿𝗼𝗺 𝗱𝗮𝘆𝘀 𝘁𝗼 𝗺𝗶𝗻𝘂𝘁𝗲𝘀 𝗮𝗻𝗱 𝗵𝗼𝘄 𝘁𝗵𝗶𝘀 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝘆𝗼𝘂𝗿 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲. 𝗧𝗵𝗮𝘁’𝘀 𝘁𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝗼𝗳 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗼𝗻. If income and employment verification is still a pain point in your process, it’s time to rethink the approach. What’s holding your team back from automating? 

📢 The Financial Conduct Authority’s latest ‘Dear CEO’ letter is a wake-up call for mortgage intermediaries: good customer outcomes aren’t just about meeting criteria—they require a full assessment of customer needs, characteristics, and objectives. Affordability assessments have never been more critical. They safeguard customers, ensure compliance with Consumer Duty, and protect businesses from future scrutiny.  But with increasing complexity, 𝗵𝗼𝘄 𝗰𝗮𝗻 𝗳𝗶𝗿𝗺𝘀 𝘀𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗲 𝘁𝗵𝗲𝘀𝗲 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗲𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗰𝗼𝗺𝗽𝗿𝗼𝗺𝗶𝘀𝗶𝗻𝗴 𝗮𝗰𝗰𝘂𝗿𝗮𝗰𝘆? Our Chief Data Officer, Stephen, breaks it down in our latest blog, exploring how AI-powered automation is helping brokers and lenders stay ahead. 🔍 Read more here: https://lnkd.in/e2BPSrfF #ConsumerDuty #MortgageAffordability #FCA