Professional Bank Partners with Vouched to Accelerate Digital KYC and Identity Verification

The move elevates Professional Bankโ€™s BaaS platform, further enhancing customer experience

Professional Holding Corp. (NASDAQ: PFHD), the parent company of Professional Bank, today announced a partnership with Vouched, award-winning artificial intelligence (AI) powering KYC, identity verification, and seamless digital onboarding for Professional Banksโ€™ exceptional high-touch personal service.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211101005154/en/

The Bank selected Vouched because of its powerful AI that visually examines and securely onboards new customers in seconds. Vouched helps power KYC, account open, fraud prevention, and account management.

โ€œAs a growing commercial bank, Vouched has proven to be an integral component in our transformative digital onboarding experience,โ€ said Daniel R. Sheehan, Professional Bank Chairman & CEO. โ€œClients can now open a personal checking account online in just a few minutes, saving a lot of time and hassle.โ€

Critical to Professional Bankโ€™s decision to select Vouched is the AI platformโ€™s configurability. Community banks can implement Vouched in as little as 24 hours. Vouched supports multiple APIs and devices, offers a full white-labeled UI, and adapts and grows with the needs of the bank.

โ€œProfessional Bank is a leader and innovator,โ€ said Vouched CEO John Baird. โ€œThey repeatedly demonstrate how much they care about their customers by up-leveling their services and experience. This commitment to customers continually shows up in their growth and increased market share.โ€

About Vouched

Vouched is award-winning artificial intelligence and computer vision that powers end-to-end visual identity verification, KYC, and fraud detection online in real-time. An expert on more than 550+ government-issued identity documents in 60+ countries, Vouched helps banks, fintechs, healthcare providers, and gig and sharing companies verify and onboard users to provide access to lifeโ€™s most critical services instantly.

Learn more at www.vouched.id. For more information on Vouched, visit www.vouched.id, or contact Vouched communications at 1-800-674-8798 or press@vouched.id.

About Professional Bank and Professional Holding Corp.

Professional Holding Corp. (NASDAQ: PFHD) is the financial holding company for Professional Bank, a Florida state-chartered bank established in 2008 and based in Coral Gables, Florida. Professional Bank focuses on providing creative, relationship-driven commercial banking products and services designed to meet the needs of small- to-medium-size businesses, the owners and operators of these businesses, professionals and entrepreneurs. Professional Bank currently operates its Florida network through nine branch locations and two Loan Production Offices in the regional areas of Miami, Broward, Palm Beach, Duval (Jacksonville), Hillsborough and Pinellas (Tampa Bay) counties. It also has a Digital Innovation Center located in Cleveland, Ohio and a Loan Production Office in New England. For more information, visit www.myprobank.com. Member FDIC. Equal Housing Lender.

Contacts

Press contact:

Kevin Carpenter, 206.707.2403

Recent Quotes

View More
Symbol Price Change (%)
AMZN  227.27
-5.11 (-2.20%)
AAPL  279.95
-4.19 (-1.48%)
AMD  217.74
+0.14 (0.06%)
BAC  54.52
+0.43 (0.79%)
GOOG  316.90
-3.72 (-1.16%)
META  667.79
+28.19 (4.41%)
MSFT  478.10
+0.37 (0.08%)
NVDA  183.52
+3.93 (2.19%)
ORCL  212.44
+4.71 (2.26%)
TSLA  449.47
+2.73 (0.61%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article