KYC Verification – Efficient Solution For Diluting Identity Scams
COVID 19 pandemic has brought a redefining turn for the business and financial organizations. They have to shift their services online to provide a better user experience to their clients and prevent identity thefts. The banking sector is taking advantage of digital KYC video verification solutions for remote customer verification and onboarding. Video KYC plays an essential role in the secure and seamless onboarding of customers. It helps organizations dealing with money to comply with KYC regulations and eliminates identity thefts.
What is kyc video verification?
KYC video authentication is a process by which organizations verify the customers’ identity through a live video call with the assistance of a KYC expert. During the live video chat with the KYC agent, the customer is required...