Thursday 30 September 2021

Video KYC For Full Fledged Paperless Journey

Do you want to make online banking personal? 

With the help of world-class video banking experiences, one can build special relationships with video banking.  



Most of the banks have already started adopting the latest strategies to handle the banking processes. Nowadays, people love to handle everything digitally. In order to reduce the common concerns of financial institutions and their customer, digitalization is doing wonders. It contributes to making the whole banking or any financial journey paperless. 

Let us discuss the power of Video KYC! 

The initiatives taken by the American government to handle the KYC online is the superior choice. Nowadays, it has become trendy as most people work remotely, so they want to handle everything online rather than physically visit the banks. KYC is one of the most important and useful parts of the banking process, which helps to keep the safety of the customer and bank as well.  

Guidelines to do the Video KYC compliance seem in the right direction.  helps to enhance customer service, reduce operational costs, & also helps to maintain compliance. It makes the process easier for customers & financial institutions with a smoother onboarding alongside it also help them remain compliant, especially during remote & digital services. 

For all the banking & financial institutions, video KYC remarkably reduces the costs. It also enables many customers to be onboarded quickly, wherever they are present. Video KYC provides a great flexibility option meanwhile reducing the onboarding process cost. Many customers are happy with the video KYC as they can get more work done without even leaving their homes or offices.  

In America, most of the people handle everything online. So, Video KYC is something more than a blessing for them. 

Learn about the benefits of video banking! 

Some important benefits of video banking 

1. Video banking leads to the superior banking experience 

The introduction of video banking helps to create an effortless live-video experience for your customers anytime, anywhere, & even on smartphones. There are options of personal chat, screen- and document-sharing, all the agents of the financial institutions are well-equipped to explain the highly complicated topics like mortgage loans or interest rates. 

2. Allow teams to scale successfully 

Financial institutions are empowering teams to be successful in video calling with their customers via expert services. The banks guide their clients at every step of the way, from the initial stage to the end.  

3. It leads to higher sales & helps to build solid customer relationships 

Video KYC is a fantastic process as it helps agents to focus on what actually matters. It helps to build customer relationships which can be beneficial to convert to higher sales. American banks adopt automation features to handle multiple banking tasks. Thus, video banking is quite useful to increase sales conversions and also helps to gain trust over their customers. 

In this digital world, the paperless banking process grabs the attention of many people. Many FIs are still not aware of the modern automation system, and you can take the help of Signzy. You can accelerate digital transformation via artificial intelligence. Make your onboarding process easy with Video KYC verification. For more details, about the Signzy software, you may visit the our website. 



Combating Subscription Fraud in Telecom

  In the fast-paced world of digital subscriptions, India has emerged as a fertile ground for opportunity. From streaming services to OTT pl...