Holistic AI conducted an audit of Starling Bank’s on-boarding system, focusing on the face verification component. Their digital onboarding process is the front door to this digital bank, and this component ensures the soundness of their KYC process. Holistic AI produced an Audit report that Starling Bank used to fulfil their requirements with respect to BCR as well as their duty to customers.
To be able to provide a valid third-party assessment of a face verification software, without having access to customer data as well as being least invasive as possible to their technology infrastructure. Both criteria are relevant, given that a bank has compliance requirements above most other industries.
Holistic AI used its well-recognized methodology of Levels of Auditability, where a balance is strike between the disclosure and feedback provided in an audit. We requested Level 2 access, meaning access to the API of the different components involved in the onboarding process.
Holistic AI conducted an audit of Starling Bank’s on-boarding system, focusing on the face verification component. Their digital onboarding process is the front door to this digital bank, and this component ensures the soundness of their KYC process. Holistic AI produced an Audit report that Starling Bank used to fulfil their requirements with respect to BCR as well as their duty to customers.
To be able to provide a valid third-party assessment of a face verification software, without having access to customer data as well as being least invasive as possible to their technology infrastructure. Both criteria are relevant, given that a bank has compliance requirements above most other industries.
Holistic AI used its well-recognized methodology of Levels of Auditability, where a balance is strike between the disclosure and feedback provided in an audit. We requested Level 2 access, meaning access to the API of the different components involved in the onboarding process.
Our AI Governance, Risk and Compliance platform empowers your enterprise to confidently embrace AI
Get StartedDISCLAIMER: The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; Holistic AI does not recommend or endorse the contents of third-party sites.
Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter. No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and website authors, contributors, contributing law firms, or committee members and their respective employers.
The views expressed at, or through, this site are those of the individual authors writing in their individual capacities only – not those of their respective employers, Holistic AI, or committee/task force as a whole. All liability with respect to actions taken or not taken based on the contents of this site are hereby expressly disclaimed. The content on this posting is provided "as is;" no representations are made that the content is error-free.
