No wonder, today a digital revolution is there globally in every corner and every aspect. However, preventing online frauds in both financial as well as non-financial industry is the concern and, of course, the need of the hour too!
Gone are days when the KYC process mandated in-person visits to a bank. Today, it is not the case anymore. After the government and RBI have mandated made new changes, everything has changed so much, be it the way to get the bank verification done or the way banks onboard new customers. From then to now, banks have adapted to this new reality and supporting this change immensely.
Video KYC onboarding process
Well, it is a process that financial and non-financial service providers are following while rendering their facilities to others. Valuable and automated video KYC onboarding process is not exclusively the substantiation of what the merchant needs; as a replacement for, it is something which is the need of the hour to facilitate a safe and sound environment for everyone. We believe it is something that simply can’t be omitted, rather should be employed by every other industry too.
Video KYC onboarding giving a secure environment in 2021 & beyond!
At the time the nation when there is partial lockdown over here in India and America, due to the outspread of the deadly COVID-19 virus, going outside is not actually safe till now. Nevertheless, this more than a year lockdown has lately resulted in steep growth in the usage of digital services by the people. At these times, this super-smart video KYC approach has come up as no less than anyone savior – thanks to our authorities and brilliant minds behind that. It has indeed so much to offer to people across the globe.
Let’s know some of the benefits after the integration of this wonderful concept.
This smart and intelligent process reduces costs by 90%, be it operational or travel
Onboarding new customers have now become easier for financial institutions
Since everything has gotten online, there’s been seen a huge save on the usage of papers
Less online frauds and ID theft cases happening
Increased security plus safe and sound environment to do online activities
Well, those just don’t limit themselves over here. It has surpassed these too! A change in the way everyone works – thanks to amazing KYC solutions.
Now that you got to know all the perks of this effective video KYC, it is the right time to play your part as well in this revolution and integrate it into your business and see what it can do for you!
In order to get equipped with the best-in-class solution, feel free to contact our professionals at Signzy. We’ve got all the skills and expertise to render you amazing quality services and experience.
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