FPP FundsCheck

Ensuring Financial Integrity in International Student Admissions

What is FPP FundsCheck?

It's a powerful tool for verifying the authenticity of financial resources provided by international students and their sponsors. The tool provides accurate, fast and reliable review of proof of funds, enabling universities to make informed decisions earlier in the recruitment cycle and reduce fraudulent applications. 

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  • The Problem

  • A 2023 study* showed that over 60% of university students lied in their applications, underlining a shocking capacity for fabrication. Accurately verifying a high volume of financial documentation from international students during the application process is a huge challenge for universities. 

    Manual processing is both time-consuming and vulnerable to fraud and manipulation of proof-of-funds, resulting in wasted resources, delayed admissions processes and, ultimately, enrollments.
    *Intelligent, January 2023

Our Solution

FPP FundsCheck eliminates these challenges with a secure and streamlined verification process:

01.

Via their FPP Hub, university admissions teams gets a unique link for applicants to verify their financial documentation.

02.

Via this link, applicants either log in to their online banking via FundsCheck to get their statement, which we verify real-time, or they upload an existing document to fundscheck for our AI to check.

03.

The university admissions team is informed when proof-of-funds have been authenticated or rejected.

Benefits for Universities

Country-specific compliance

With robust data security & verification processes, host country regulations & privacy policies are easily met.

Fast & time-saving

Real-time verification expedites application processing & saves valuable time.

Reduced risk of
fraudulent documents

FundsCheck authenticates documentation & contents, enabling faster and more reliable admissions processes.

Reduced risk of
fraudulent documents

FundsCheck authenticates documentation & contents, enabling faster and more reliable admissions processes.

Country-specific
compliance

With robust data security & verification processes, host country regulations & privacy policies are easily met.

Fast & time-saving

Real-time verification expedites application processing & saves valuable time.

Benefits for Everyone

Universities:

Focus on recruiting top talent, not document verification. Make informed decisions faster with accurate financial data.

Students & Sponsors:

Simplify the application process with secure and transparent verification. Meet financial requirements efficiently.

FPP FundsCheck
Proof-of-funds authentication

Bank Integration
FPP FundsCheck integrates with banks in 195 countries worldwide including India, Nigeria and Brazil, ensuring applicants access their bank statements from within the platform, providing real-time authentication in a transparent manner.

AI-Powered verification
For documentation uploaded by applicants from their devices to FundsCheck, we utilize cutting-edge AI to verify authenticity with the power to detect a wide range of fraudulent activities.



Ready to Get Started?

Strengthen compliance and fast-track your international student admissions with FPP FundsCheck!
Contact us today to see how our AI-powered solution can streamline your verification process.

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