eKYC Explained – A Complete Account Of All Things eKYC

Abhijith NS Dec 21, 2020 eKYC Comments Disabled

eKYC Explained – A Complete Account Of All Things eKYC

eKYC

What is eKYC? eKYC (Electronic KYC) is a digital customer KYC verification procedure wherein the identifying details of a customer desirous of obtaining services from a regulated business are verified electronically.  eKYC primarily involves KYC verification...

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How OCR-based verification can expedite the insurance claims process

Abhijith NS Dec 15, 2020 Video KYC Comments Disabled

How OCR-based verification can expedite the insurance claims process

Video KYC

How does the insurance claims process usually go? Most people who have had to lodge an insurance claim know how long the process usually takes. The average time for claims-related funds to be dispersed to claimants is around 9 days, a figure that must...

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Why NBFCs Require A Holistic Approach To KYC Verification

Abhijith NS Dec 09, 2020 eKYC, Video KYC Comments Disabled

Why NBFCs Require A Holistic Approach To KYC Verification

eKYC,Video KYC

KYC Verification: One size doesn’t fit all Know Your Customer (KYC) procedures are a huge pain point for banks, NBFCs, insurers & several other businesses. These procedures are subject to rapid change, entail huge costs and precipitate huge losses...

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10 things you need to know about E-Contracts

Abhijith NS Dec 03, 2020 eSign Comments Disabled

10 things you need to know about E-Contracts

eSign

E-Contracts Electronic contracts (E-Contracts) are quickly replacing traditional paper-based contracting methods. Businesses are adopting E-Contracts due to the massive benefits they afford, so if you’re thinking about digitizing your contracts and...

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The Impact Of COVID-19 On Finance & Money Laundering

Abhijith NS Nov 26, 2020 Video KYC Comments Disabled

The Impact Of COVID-19 On Finance & Money Laundering

Video KYC

What has the overarching impact of COVID-19 been? We are currently living through unprecedented times. Most of us have never seen the world and our lives shaped so instantaneously by a single occurrence, the way COVID-19 has remoulded global relations. ...

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Enhancing Customer KYC Verification: 3 Key Steps for Maximum Effectiveness

Abhijith NS Nov 18, 2020 Video KYC Comments Disabled

Enhancing Customer KYC Verification: 3 Key Steps for Maximum Effectiveness

Video KYC

KYC Verification KYC Verification is an integral part of the customer onboarding process in the BFSI sector due to the widespread occurrence of money laundering & fraud within the banking & insurance industries.  KYC has become an important tool...

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How You Can Optimize Credit Card Onboarding With Video KYC

Abhijith NS Nov 12, 2020 Video KYC Comments Disabled

How You Can Optimize Credit Card Onboarding With Video KYC

Video KYC

Credit Card Onboarding Onboarding a credit card user is usually a pretty complicated and extensive process. The competitive nature of the financial services industry further exacerbates the difficulty of and time spent on onboarding a single user.  Credit...

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Why Document Verification Is The Future Of KYC

Abhijith NS Oct 23, 2020 Video KYC Comments Disabled

Why Document Verification Is The Future Of KYC

Video KYC

Data-centric KYC Most of us are familiar with data-centric verification methods, although we probably haven’t heard that term used to describe these methods.  For the longest time the only way to verify customers involved verifying information reported...

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Pensioners Can Now Open NPS Accounts Using Video KYC

Abhijith NS Oct 20, 2020 V-CIP Comments Disabled

Pensioners Can Now Open NPS Accounts Using Video KYC

V-CIP

PFRDA allows Video KYC PFRDA (Pension Fund Regulatory & Development Authority) has been one of the most proactive regulatory bodies in the adoption of digital methods.  The organization has permitted OTP and eSign-based Aadhaar authentication for...

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How Your Business Can Automate Vendor Contracts & Onboarding

Abhijith NS Oct 19, 2020 Video KYC Comments Disabled

How Your Business Can Automate Vendor Contracts & Onboarding

Video KYC

Managing  vendor contracts and onboarding processes is essential for seamless vendor management. However, traditional methods for vendor onboarding can often be inefficient. Critical projects are delayed because manual onboarding processes drag on for...

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