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Video-based Identity Verification Software Service Solutions

iSolve Technologies has developed an industry-first Video-based customer KYC identity verification software solution to speed up and simplify the Know Your Customer (KYC) process for financial services. It is built with advanced technology to enable branchless, paperless, and contactless customer identity verification and digital account opening process within short turnaround times. For more info visit, https://isolve.in/video-kyc-onboarding-software-solutions/

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Video-based Identity Verification Software Service Solutions

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  1. iSolve Video KYC Contactless, branchless & paperless video- based identity verification within minutes!

  2. Table of Contents • Platform Introduction • KYC Challenges for Financial Services • Is Video-KYC secure & legal? • Impacts on Customer Experience (CX) • Our Platform Features • Our Platform Benefits • Platform Live Screenshots • Contact Us 2

  3. iSolve Video KYC • A digital video-based identity verification & management system that is developed to speed up and simplify the Know Your Customer (KYC) process for financial services. • It is built with advanced technology to enable branchless, paperless, and contactless customer identity verification for the digital bank or Demat account opening within short turnaround times. 3

  4. KYC Challenges Lack of technology infrastructure to automate manual KYC/AML process Increasing compliance operational cost for regular customer KYC outreach The introduction of regulatory compliance has made KYC/AML verification highly sensitive and process-intensive work for financial services. Absence of API integration with regulatory KYC database for quick OVD verification Increasing customer attrition rate due to inefficient onboarding process & paper- heavy documentations 4

  5. Is Video KYC Secure & Legal? The use of a Video channel for KYC verification has been approved by the below regulators: On January 2020, RBI, SEBI, and IRDAI declared financial services to use Video-based KYC verification for customer onboarding process. It should be carried by undertaking seamless, secure, live, informed- consent based audio-visual interaction with the customer to obtain identification information. 5

  6. Customer Experience (CX) 01 02 Reduced Customer Attrition Rate Quick Onboarding With Video KYC application, customers can get an unprecedented level of face to face interaction at the comfort of their home or work place. Video-KYC provides fast and frictionless digital onboarding within short turnaround times. 03 04 Personalized Experience Enhanced Due Diligence User-friendly, consent based personalized & omni-channel experience through multi-device interactions. Paperless electronic document submission with digital signature functionality enabling one-time KYC verification.

  7. Our Platform Features Next-gen video-based customer identity verification solutions for financial services Cloud Facial Identity Detection Uninterrupted Video Calling even at low-bandwidth Fully compliant with RBI norms Infrastructure

  8. Our Platform Benefits • Digital account opening within minutes • Remote onboarding with customer-friendly interactions • Paperless KYC verification and updation process • Uninterrupted video-call interaction at low bandwidth • Enhanced due diligence with automated KYC updation (Re-KYC) • Reduction in KYC compliance operational costs • Increase in customer experience and satisfaction score • KYC/AML checks to reduce fraudulent actions • Auto de-duping of customer information files • Secured document management system to store and retrieve data • Omni-channel personalized interactions

  9. Platform Live Screenshots

  10. Contact Us Talk to our product experts to know more Submit your enquiry under below link and we will get back to you immediately Official Website: https://isolve.in/video-kyc-onboarding-software-solutions/ (OR) Reach us at, Official Email: business@isolve.global

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