Use Case
Motor Vehicle Dealers
The Challenge For

Motor Dealers

Motor vehicle dealers are exposed to the risk of identity fraud and possible loss, where the identities of vehicle buyers are not properly verified before vehicles are test driven.

Since motor vehicle dealers work closely with the banks to help consumers obtain vehicle finance,  Comcorp is ideally positioned to help vehicle dealers with digital identification and onboarding requirements.

As compliance is an integral part of our solutions set, we assist clients with automating consumer due diligence PEP and sanctions list screenings for Anti-Money Laundering (AML), KYC and other regulations. 

Through the combination of our Curata product and our KYC products, we are able to assist Motor Dealers reduce their exposure to fraud risk.

Our Solutions

Access to Bank Statements

By accessing bank statements in data format directly from the bank in real time, IDX enables straight through processing and provides assurance that the data can be trusted. IDX also provides convenience to loan applicants and enables lenders to close deals faster.

Access to Payslips

By accessing payslips in data format directly from the employer in real time, SPX enables straight through processing and provides assurance that the data can be trusted. SPX also provides convenience to loan applicants and enables lenders to close deals faster.

Identity Authentication

By using our tools to verify identity biometrically, our customers can go on to perform KYC, collect POPI compliant consent and prevent ID impersonation fraud.

Your Trusted Partner

You Can Count On Our Solutions

Full Encryption

Fully encrypted, secure and certified at source with consistent, high-quality digital documentation, compliant with the latest legislation

Electronic Data

Our solutions are hassle free, paperless and convenient; offering speedy and electronic delivery of data and documentation

Paper-Free

Significant savings compared to paper sourcing processing AND eliminates the opportunity to tamper with paper-based documentation

Trackable & Real-Time

Direct sourcing per transaction, independent from central document storage with full audit trail available at all stages

Certified & Trusted

Operated on bank certified platforms. Our customers include financial institutions, credit providers and corporations.

Digital Experts

With over 27 years experience in the industry, you can trust us to securely and safely deliver all your information requirements.

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