Veryfi
24 Case Studies
A Veryfi Case Study
TuCash, a shopper rewards app, faced the challenge of needing to accurately and instantly validate purchases and process receipts for cashback rewards. Their fast-paced loyalty model required a robust solution for data extraction and fraud detection to support their growth. They turned to the vendor Veryfi, utilizing its Veryfi Lens and Veryfi OCR API products.
By implementing Veryfi's technology, TuCash empowered users to scan receipts and instantly redeem rewards. The solution provided precise data extraction and line-item categorization, enabling immediate purchase validation and robust fraud detection. This resulted in a 110% increase in shopper adoption rate and saved TuCash millions of dollars by preventing fraudulent payouts, solidifying their market position.