Soft-Tech Solution has developed "Video KYC Solutions" for bank's customer on-boarding and re-KYC, that helps organization to improve the way of customer KYC by utilize digital platform. This is web based & mobile supported solutions; it is easy to use for end user. Customer can share their KYC via video through mobile or desktop pc for any place of their convenience.
Video KYC allows bank to utilize document image capture, digital ID validation & a face-to-face interaction with a bank agent to digitize and expedite the KYC process. Performing video-based KYC verification is extremely cost-effctive and saves entities a substantial amount of time.
What is Video KYC?
Video KYC or video identification is an online method of face-to-face identity verification in which organisations carry out their customer verification process through a video call assisted by a KYC agent. During the video call, the customer is required to digitally submit the identity documents for proof.
How video KYC works?
Video KYC is similar to traditional KYC that refers to face-to-face video call as a channel for conducting the KYC verification process. This process requires users to confirm their identities by presenting valid ID document proofs during the video call. Instead of relying on various channels to complete the KYC process, video-CIP allows omni channel customer engagement where face verification and document verification is conducted while staying on the video call.
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