Veri5Digital

Khosla Labs CEO Saru Tumuluri on the future prospects of her verification . Read more here: https://www.magzter.com/IN/The-Outlook-Group/Outlook-Business/Business/373807

Veri5Digital is recognized as one of the leading e-KYC service providers by Worldwide Market Reports in its latest report titled, “India E-KYC Market: Global Industry Analysis 2015–2018 and Forecast 2020–2027″

Go through this report to know more!

India E-KYC Market By Type (Aadhaar e-KYC and Video-based KYC), By Component (Software and Services), By Deployment Model (Cloud and On-Premises), By End-User Industry (Banking Industry, Financial Institutions, E-payment Service Providers,... India E-KYC Market By Type (Aadhaar e-KYC and Video-based KYC), By Component (Software and Services), By Deployment Model (Cloud and On-Premises), By End-User Industry (Banking Industry, Financial Institutions, E-payment Service Providers, Telecom Companies, Government Entities, Insurance Companies....

The current global pandemic is changing the whole dynamics of the Fintech world by making the lending and card issuing process totally digital.

The resulting drop in business has forced lenders and card issuers to prioritize digital lending.

In the normal course of business, the process could have taken two to three quarters.

But lenders and card issuers are planning to go live with it within two weeks.

Soon, customers will be able to get unsecured (like personal loans) and consumer durable loans, as well as credit cards while sitting at home, with zero paperwork.

Want to On-board Customers Remotely?

Visit our website to learn more.

Want to Onboard your Customers Remotely?

Visit our Website to know more!

Collect recurring payments from your customers using Veri5Digital's eNACH. Schedule a demo with our experts today !

eSign allows authorized signers to digitally sign documents anywhere, anytime, whether at home, at the office, or while travelling.

Visit our Website to know more.

Want to know How VCIP is done in under 2 Minutes?

Click on the Link below to watch how its done.

https://www.facebook.com/watch/?v=783178918882355

For more, Visit our website.

SUCO Bank Partners with Veri5Digital to launch Video KYC

They can now Onboard their Customers Remotely.

Here's how it works:

A customer needs to follow some simple steps for quick and easy KYC completion:

1. The customer fills the application form on the SUCO Bank website.

2. The appointment is taken for VKYC from the customer and a link for VKYC is sent to the customer.

3. Through the link, the customer fills his/her details – Name| Date of Birth | Pan Number and uploads XML copy of Aadhaar.

4. Face to face video call is initiated with SUCO Bank officer through a dynamic verification code:

a) The customer shows his/her PAN card on video call for PAN verification through AI-enabled OCR.
b) The photo of the applicant is taken during a video call and matched, using facial recognition software, with the one on Aadhaar and PAN Card.
c) Location geotagging is done to verify that customer is in India.

5. Once everything matches, VKYC is complete

6. The application form is digitally signed by the applicant through the E-sign process.

Want to Implement VKYC in your Organisation?

Visit our Website to know more.

SBI Card, India’s largest pure-play credit card issuer, today announced the launch of Video Know Your Customer (VKYC) feature to ensure zero contact, hassle-free customer on-boarding process.

SBI Card VKYC – How It Works

A customer needs to follow some simple steps for quick and easy KYC completion:

1. The customer fills the application form on the SBI Card website.

2. The appointment is taken for VKYC from the customer and a link for VKYC is sent to the customer.

3. Through the link, the customer fills his/her details – Name| Date of Birth | Pan Number and uploads XML copy of Aadhaar

4. Face to face video call is initiated with SBI Card officer through a dynamic verification code:

a) The customer shows his/her PAN card on video call for PAN verification through AI-enabled OCR.
b) The photo of the applicant is taken during a video call and matched, using facial recognition software, with the one on Aadhaar and PAN Card.
c) Location geotagging is done to verify that customer is in India.

5. Once everything matches, VKYC is complete

6. The application form is digitally signed by the applicant through the E-sign process.

Want to Implement VCIP in your Organisation?

Visit our Website to know more.

Customer's first experience is absolutely critical, especially in the Banking and Fintech space.

What happens when a customer wants to open a bank account or if the person wants to take a loan from an NBFC or a digital lender?

The first step usually is customer Onboarding and identity verification!

With most of the businesses opting to work from home because of the ongoing pandemic, It has become very difficult for Banks, NBFC's and digital lending companies to continue using traditional Onboarding processes.

So we are hosting a free Webinar on Wednesday, 24th June 2020.

In this webinar you'll learn:

1. Do's and Dont's in On-boarding Customers Remotely

2. How VCIP Works (Live Demo)

3. How Veri5Digital can Help?

Click here to Register: https://veri5digital.com/webinar/