Everything to Know About TrueShield.AI

Digital transactions & online verification are becoming central to every business, and safeguarding financial integrity and preventing fraud have never been more critical. Any business, small or large, is driven by new tools & technologies that keep digital fraudsters at bay.

In this guest post, you will have a detailed explanation of what TrueShield.AI does, the features of each module, and how each module works, from start to end. TrueShield.AI is built around 6 major tools, each designed to address a critical aspect. Let’s understand each aspect in detail.

What is TrueShield.AI?

TrueShield.AI is One API with Endless Benefits! Once you have integrated this tool, you don’t have to integrate multiple other tools for OCR, identity checks, or fraud scoring. A single API can detect fraud, extract data, automatically verify transactions, and simplify every step, enabling you to onboard customers with confidence.TrueShield.AI is a smart assistant that reads between the lines. It reads and interprets documents with high accuracy, even when dealing with handwritten content or low-quality scans. You pass your document (or a URL), select the services you need, and TrueShield.AI handles the rest, saving you from complex manual effort.

1. Bank Statement Analyser

   Simplify Data Extraction from Bank Statements!

   The AI-Powered Bank Statement Analyser automates the extraction of bank statements, eliminating the need for manual data entry and the tedious inspection of PDF statements. It's designed for lenders, credit-scoring firms, underwriters, and any team that wants to make quick, evidence-based lending decisions.

Product Features:

• Easy Data Extraction: It quickly extracts critical data, including all credits, debits, recurring payments, loan EMIs, salary credits, and balance summaries, from uploaded bank statements.

• Detailed Financial Insights: It provides instant summaries and risk indicators to aid smart credit decisions.

• Transaction Categorization Analysis: It organises this information into clear spending patterns, reports on income consistency, and flags unusual activities.

• Faster Loan Processing: It reduces manual statement review time, enabling lenders to process more applications per day.

  
  

How does it work? 

• Upload Bank Statement: Select your bank. Drag & Drop or Upload your bank statement file for processing.

• Extract & Process Data: The system reads and extracts key details from the bank statement.

• Account Summary Generation: The extracted data is structured into an Account Summary.

• Analytics & Insights: It generates insights from transaction history, including Monthly Balance trends, EOD Balance Summary, and more.

2. Advanced Bank Statement Analyser

   One-stop solution for Bank Statement analysis with integrated Fraud Checks & Identity Verification

   The Advanced Bank Statement Analyser takes your regular bank statement analysis to the next level. By adding robust AI-powered fraud detection, intelligent pattern checks, and multiple layers of identity verification, it delivers high-end extractions. It’s designed specifically for lenders, NBFCs, underwriters, and risk teams that handle high-value applications or want to minimise exposure to fraud that is cleverly disguised.

Product Features: 

• Full Data Extraction: Like the standard version, it extracts detailed credits, debits, recurring expenses, loan EMIs, and salary credited from bank statements. 

• Deep Fraud Checks: It goes beyond basic parsing to detect suspicious patterns, including fake salary credits, manipulated bank statements, repeated transactions used to inflate account health, and altered PDFs. 

• Cross-Verification: It checks whether the statement data aligns with other verified identifiers, such as PAN (Permanent Account Number), UAN (Universal Account Number for EPFO), and employment records. 

• Behavioural Analysis: It flags inconsistencies in spending habits, sudden spikes in deposits, or suspicious fund flows that signal fraud.

• Faster Risk Assessment: Speeds up quality loan approvals by reducing the need for deep manual document checks.

How does it work? 

• Upload Bank Statement: Select your bank and enter the required details. Drag & Drop or Upload Files to begin processing.

• Extract & Process Data: The system automatically extracts key details from the uploaded bank statements.

• Account Summary Generation: The extracted data is structured into an Account Summary. A Component Score is generated for financial risk evaluation.

• Fraud Check & Irregular Activities: The system scans for any suspicious or irregular activities. Evaluate financial authenticity and generate financial reports.

3. AI-Powered OCR

   One-Stop-Service for Data Extractions!

   The AI OCR (Optical Character Recognition) is the backbone of TrueShield.AI’s ability to read and convert printed or handwritten text into structured digital data. It helps organisations process large volumes of scanned documents efficiently and accurately. It is Ideal for insurance claim processing, invoice data capture, onboarding KYC forms, HR resumes, and any bulk document-heavy workflow.

Product Features: 

• Text Extraction: Reads printed text and even illegible handwritten notes from scanned images, PDFs, or photos.

• Flexible Output: Converts extracted data into JSON, Excel, or text files, ready for your systems.

• Custom Templates: You can define unique layouts for custom document types such as invoices, insurance claims, KYC forms, handwritten notes, contracts, and resumes.

• Zero Manual Entry: It eliminates tedious typing and human copy-paste errors.

• Consistent Accuracy: It delivers stable results, even on low-quality scans or handwritten fields.

  
  

How does it work? 

• Choose Extraction Mode: Select from the available extraction options. 

• Set Extraction Parameters: Users configure the extraction process by defining Header, Output Type, and Description.

• Upload Document for Processing: Drag & Drop or Upload Files to begin processing. 

• Automated Data Extraction & Output: The system scans and extracts structured data from the JSON Response.

4. WhatsApp Number Authentication

   Instantly verify WhatsApp numbers and check for the registered name.

   This feature checks whether a customer’s mobile number is actively linked to WhatsApp, an additional signal that the number is real and in daily use. It also predicts the customer’s gender from their name for demographic insights.

   
   

Product Features:

• WhatsApp Active Status: Confirms if the mobile number is registered with WhatsApp.

• Enhanced User Verification: Adds an additional layer of trust to digital onboarding.

• Better Marketing Targeting: Helps tailor messages and offers based on predicted demographics.

• Fraud Flagging: Suspicious numbers with no WhatsApp presence may indicate fake or burner accounts.

5. PAN Validator (Basic

   An interface that allows quick Name verification without technical complexities.

   PAN Validator helps verify the authenticity of India’s PAN cards for banks, insurance firms, fintechs, and other onboarding processes. Every time you onboard customers for financial products, insurance, mutual funds, or any KYC-regulated service.

Product Features: 

• Format Validation: Checks whether the PAN follows the official structure — the right combination of letters and numbers as per government norms.

• Basic Consistency Check: Ensures the PAN number hasn’t been mistyped or structurally forged.

• Quick Identity Screening: Captures obviously invalid or suspicious PANs at the first step.

• Faster Onboarding: Reduces rework later by filtering out incorrect PANs early.

• Regulatory Hygiene: Helps meet basic KYC requirements with minimal manual effort.

  
  

How does it work? 

• Enter Your PAN Number: Start by entering your Permanent Account Number (PAN). 

• Provide Consent: Check the consent box to authorize TrueShield.AI to verify your PAN details.

• Click “Verify Now”: Once you click, we connect to trusted and authorized data sources to authenticate PAN details with the individual’s name.

6. PAN Validator (Advanced)

   Instantly verify PAN details and get a Matching Score for accurate identity validation.

   PAN Validator (Advanced) goes a step further for companies that require more robust fraud control. It’s ideal for lenders, underwriters, and high-value account openers who can’t risk onboarding customers with fake or stolen PANs.

Product Features:

• Cross-Verification: Checks the PAN number against additional customer details like name, DOB, and sometimes external government data (depending on integration).

• Authenticity Check: Confirms that the PAN is not just formatted correctly but actually belongs to the person providing it.

• Stronger Fraud Prevention: Blocks manipulated or stolen PAN cards from slipping into your system.

• Better Compliance: Meets stricter KYC guidelines and reduces the risk of regulatory penalties.

• Smooth Process: Minimises future disputes or rejections due to mismatched PAN details, saving time and money for both you and your customer.

  
  

How does it work? 

• Enter PAN Details: Begin by entering your PAN number & the PAN holder’s full name.

• Provide Consent: Check the consent box to authorize TrueShield.AI to verify your PAN details.

• Click “Verify Now”: Once you click, TrueShield.AI cross-checks the provided details, determines the Matching Score and verifies the PAN details.

Unmatched Benefits of TrueShield.AI

Seamless Onboarding: Effortless user onboarding with minimum setup time. Run documents swiftly with insightful interfaces and robust support.

Fraud Detection & Prevention: ​Identify suspicious transactions and safeguard against financial threats using AI algorithms before they become a costly issue.

Secure & Compliant: Your data is end-to-end encrypted and compliant with industry regulations, ensuring privacy and protection at every step.

End Note

TrueShield.AI is a revolutionary software developed by Lenditt Innovations & Technologies Pvt. Ltd. to streamline your everyday office tasks and double your revenue.The accelerated process and elimination of duplicate verification are the cherry on top. Additionally, you would get faster results, higher revenue, and happier customers and employees!By integrating TrueShield.AI, you're empowering your business with real-time intelligence, sharper decision-making, and built-in trust. Get this strategic upgrade with TrueShield.AI for your business today! Stay tuned for new modules!

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