PaySprint Unveils SprintNXT and SprintVerify: Transforming Business Banking and Identity Verification with AI-Driven Simplicity

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India, 20 December 2024— PaySprint, one of India’s premier Banking fintech infrastructure companies, has today announced the launch of two transformative solutions — SprintNXT and SprintVerify — designed to reshape the future of business banking and identity verification in India. With these innovative platforms, PaySprint is not only simplifying and enhancing how businesses manage payments and identity checks but also setting new benchmarks in FinTech & RegTech landscape.

SprintVerify: Introducing CANDY — The Future of AI-Driven Identity Verification

At the heart of SprintVerify is CANDY, a groundbreaking Identity as a Service (IDaaS) platform that utilises artificial intelligence to offer one of the most comprehensive and reliable identity verification solutions in the market today. With CANDY, businesses can instantly access over 100 identity checks, ensuring that all verifications are accurate and fully compliant with regulatory requirements.

What sets CANDY apart is its no-code design, which means businesses can implement and customize the solution with minimal effort and zero coding knowledge. Whether a company is a large enterprise or a small startup, CANDY’s highly flexible workflows enable users to tailor the platform to their specific needs. The platform’s ability to integrate seamlessly into existing systems means businesses can quickly scale their operations without the hassle of complex technical integrations.

By harnessing the power of AI, CANDY delivers fast, secure, and reliable identity verification processes that help prevent fraud and ensure compliance with industry regulations. Whether verifying the identity of a new customer, employee, or partner, CANDY helps businesses stay ahead in an increasingly digital world, where identity theft and fraud are becoming more sophisticated by the day.

SprintNXT: A Game-Changer for Business Banking and Payment Collection

SprintNXT is a pioneering business banking switch designed to accelerate growth and simplify financial management for enterprises. Our innovative platform streamlines financial operations, automates collections and payments, and provides data-driven insights to inform strategic business decisions. With flexible APIs seamlessly integrated with multiple systems, including web platforms, ERP, and LOS, SprintNXT serves diverse industries such as NBFC, travel, logistics, education, and more, empowering businesses to solidify their collections and payouts with ease.

The introduction of SprintNXT and SprintVerify comes at a pivotal moment for the Indian fintech industry. These solutions address some of the most pressing challenges faced by businesses today, particularly in the areas of financial management and identity verification. By providing state-of-the-art technology that simplifies these critical operations, PaySprint is enabling businesses to operate with greater security, speed, and efficiency.

The launch of these platforms is also a significant step toward promoting financial inclusion. PaySprint’s products are designed to cater to businesses across all sectors, from large enterprises to small and medium-sized businesses (SMBs), ensuring that every organization, regardless of size, has access to world-class banking and verification tools. This inclusivity is particularly important in India, where many businesses, particularly in remote areas, still face barriers to accessing advanced financial technology.

PaySprint’s commitment to innovation and excellence is further underscored by the leadership of S. Anand, the visionary founder of the company. With over 20 years of experience in technology and a reputation as a thought leader, S. Anand has been instrumental in shaping PaySprint into one of India’s most exciting fintech companies. His forward-thinking approach has led to the development of products that not only meet the current needs of businesses but also anticipate future trends in the industry.

Under his leadership, PaySprint has already received multiple prestigious awards, including Innovative & Futuristic Banking FinTech Infrastructure Company of the Year 2024, by The Great Indian Entrepreneurship, Business & startup as well as Best Innovation in Business Banking by India FinTech Summit & Awards 2024. These accolades reflect PaySprint’s commitment to driving innovation and delivering cutting-edge solutions that are revolutionizing the fintech space.