What is VCIP?

Video-based Customer Identification Procedure or V-CIP is a seamless, real-time, and end-to-end encrypted procedure envisaged by RBI for digital customer identification and paperless KYC verification. This alternative video-based process is carried out by banks or other Regulated Entities (REs) through an official trained for face-to-face V-CIP. The process involves

  • Online or offline Aadhaar verification for banks & other REs
  • Question-based audio-visual interaction
  • PAN image & live photo capture
  • Image data validation & facial matching
  • Geo-tagging to determine customer location
VCIP

Fully automated customer onboarding &
video KYC verification

01
Capture
Upload IDs simply by taking a picture
02
Extract
Data is extracted in real-time from images
03
Verify
KYC documents are verified using trusted databases
04
Match
The customer’s face is matched with pictures using ML techniques
05
Filter
Bad actors are removed using profile filters
06
Locate
Customer location is determined by geo-tagging
07
Liveness check
The customer’s presence is ensured
08
Onboard
Video KYC verification is completed quickly and smoothly

Experience the AI-powered frontier of Online Video KYC verification

  • Cost-effective KYC verification at incredible speeds
    Utilizes cutting-edge OCR, data extraction & verification techniques to deliver a customer onboarding product that steps hard on the gas but is light on your wallet
  • Cutting-edge AI
    Employs state-of-the-art ML techniques and smart AI to instantly spot fake IDs, predict your compliance requirements, and verify KYC documents
  • Geared to impress with VCIP
    Boasts an attractive and intuitive UI that ensures your customers sail smoothly through the VCIP-enabled onboarding process with zero drop-offs
  • Industry-grade security
    Robust liveness checks and anti-fraud filters deter any potential scammers and enterprise-level client data security protects your customers’ information
  • End-to-end solution
    Zero add ons, no third parties, and no fat. A lightweight and self-contained onboarding solution that fits Video KYC into your digital channels
  • Assured compliance
    Automated compliance and risk management technology ensures compliance, our smart notification and workflow management system leaves a virtual paper trail so you never miss anything
  • Paper-free KYC
    Physical KYC verification is a drain on your efficiency and results in excessive costs. Our completely digital Video KYC verification solution utilizes VCIP to clear away the paper and pave the way for you to reach the top.
VCIP-Solution

Are you ready to cut your KYC costs by up to 90% using Video KYC?

Highlights of SignDesk’s Video KYC Solution

Face match

ML-powered facial recognition techniques ensure that your customer is the same person pictured in their ID

Document verification

Verify documents against government databases, using only their pictures

Geo-tagging

Establish your customer’s location during Video KYC verification and ensure compliance with the laws of the land

Real-time data extraction

Smart AI extracts important information from pictures of IDs in real-time, cross-verifies this data with standard databases, and verifies instantly

Fraudulent profile filters

Cutting-edge fraud detection filters root out bad actors and fake documents, so that the onboarding process is done by the books

Compliance management

Our predictive compliance and risk management system collates your compliance requirements in real-time and makes sure that your KYC verification process adheres to them

Omnichannel & omnidocument support

Our solution supports an extensive array of implementation, including mobile SDK (iOS & Android), mobile and desktop web, and APIs. We also support all KYC and identifying documents including driver’s licenses, passports, and all government issued photo-based IDs.

Enterprise-level data security

We make sure that all of your customers’ data is under lock and key using industry-grade crypto security and best practices

Face match

ML-powered facial recognition techniques ensure that your customer is the same person pictured in their ID

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Document verification

Verify documents against government databases, using only their pictures

Geo-tagging

Establish your customer’s location during Video KYC verification and ensure compliance with the laws of the land

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Real-time data extraction

Smart AI extracts important information from pictures of IDs in real-time, cross-verifies this data with standard databases, and verifies instantly

Fraudulent profile filters

Cutting-edge fraud detection filters root out bad actors and fake documents, so that the onboarding process is done by the books

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|

|

|

|

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Compliance management

Our predictive compliance and risk management system collates your compliance requirements in real-time and makes sure that your KYC verification process adheres to them

Omnichannel & omnidocument support

Our solution supports an extensive array of implementation, including mobile SDK (iOS & Android), mobile and desktop web, and APIs. We also support all KYC and identifying documents including driver’s licenses, passports, and all government issued photo-based IDs.

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Enterprise-level data security

We make sure that all of your customers’ data is under lock and key using industry-grade crypto security and best practices

Industry Use Cases

VCIP-Banks
Banking & Finance

Banks & other financial institutions spend weeks to onboard a single customer and shell out millions for KYC checks and compliance requirements.

SignDesk’s digital customer onboarding solution cuts onboarding costs by 90% and uses VCIP to provide a single, compliant, and fraud-free platform that takes your customers through the Video KYC process smoothly. All your customers need to take out a loan or open an account is a phone with an internet connection.

Video-KYC-insurance
Insurance

Insurance companies need to verify several documents, confirm identities, and complete long KYC procedures to onboard customers. This results in long waiting times and several customers leaving the onboarding process unfinished.

SignDesk provides your customers with an intuitive and friendly onboarding experience by leveraging the latest in ML techniques and secure e-signatures with an acute legal understanding, so your insurance company can onboard customers quickly using Video KYC and meet all their needs.

video-kyc-mutual-funds
Securities & mutual funds

Regulated intermediaries take an inordinate amount of time to onboard and verify investors. This process is further complicated by document verification and KYC checks.

SignDesk offers an efficient and cost-effective way for intermediaries to onboard investors using SEBI-compliant video-based verification. Our Video KYC solution is quick, lightweight, and ensures onboarding with zero drop-offs.

Video-KYC-HR
HR consultancies

Both companies and HR consultancies require an expedient and attractive employee-centric onboarding solution to give new employees a welcoming first experience.

Our customizable employee onboarding product ensures that your company makes the perfect first impression on new employees using VCIP, priming them for a long and productive relationship with your company.

Get to Know how Signdesk can help your business