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Know How EKYC Solution can be a value addition for your banks
By: Blue bricks Pvt Ltd.com
All companies and business agents, particularly financial organizations and banks, are undergoing a radical digitization process. Digital transformation has continued to be a part of the most appropriate transformation in businesses in the last decade, making those who skip this step lose opportunities in their division or even disappear from the industry.
Multiple giant organizations and foundations struggle to transform and digitize on-boarding processes that seemed challenging to automate and get remote. Nevertheless, techno-scientific companies have emerged to accomplish this task, applying cutting-edge technologies such as artificial intelligence and machine learning to reconstruct and optimize the KYC methods.
What is Electronic KYC?
The EKYC process, often termed paperless KYC, electronically validates a customer's credentials. It is a paperless method that reduces the costs and common officialism needed in KYC processes.
The verification and validation of the identity of the customers happen instantly, encouraging businesses to raise their conversion rate up to 95% and provide a steady, relaxed and secure experience to their customers. EKYC methods improve customer satisfaction and guarantee that customers can handle the service from the beginning moment the business contacts them.
Features of our Digital KYC System
Experience secure and smooth client onboarding with Valydate4u – the digital onboarding platform for customers in real-time using AI-based electronic KYC. Our technology supports all KYC documents like PAN, Aadhaar, Driver's License, Voter ID, etc. Here are some of the features valydate4u has to offer:
Our Solution - Valydate4u
Blue Bricks Valydate4u EKYC solution provides remote identity validation and control tailored to online customer acquisition banks and other fin-tech institutions. Our team offers banks a comprehensive onboarding experience by bringing together smart technologies, such as OCR, computer vision, ASR, and machine learning models, along with ecosystem API integration for hassle-free customer registration, uploading documents, and verification of identity.
Request free demo at Hiran@blue-bricks.com
Page Updated Last on: Aug 09, 2021