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Description
The implementation of an AI-based Customer Identification process was initiated following the RBI's endorsement of VCIP. This system allows for a more efficient customer onboarding experience by automating the collection of documents and conducting facial recognition. Businesses across India can now perform KYC verifications swiftly, completing the entire VCIP process in under a minute through the digitization of document gathering and AI-enabled facial authentication. The technology accurately retrieves information from identification cards by integrating seamlessly with government databases that are supported. Identity verification is enhanced by comparing the photograph on the ID with live video captured during the interaction with an agent, ensuring the individual is physically present via a liveness check. Additionally, the process records the acceptance of declarations and terms and conditions to ensure non-repudiation. We provide the option for in-person verification alongside algorithmic checks, with final KYC approval granted by your designated agent. Furthermore, you can easily connect your current customer applications, whether they are mobile or web-based, utilizing our APIs and SDKs for a smooth integration experience. This innovative approach not only streamlines operations but also enhances security and compliance in customer verification protocols.
Description
Automatically match a live human face in a picture or video to a photo-bearing document using facial recognition technology, rendering manual document verification obsolete. Xendity delivers an exceptional digital experience for identification and electronic signing, functioning seamlessly with images captured by scanners, mobile device cameras, and webcams in real time. With Xendity, the processes of personal identification and contract finalization have successfully transitioned into the digital realm. We provide banks, businesses, and various institutions with an innovative, secure solution for legally binding contract agreements between customers and their partners. Our goal is to develop adaptable products that can evolve to address your specific challenges in data recognition within e-documents and image processing. Further, our commitment to continuous improvement ensures that we stay ahead in meeting the ever-changing needs of our users.
API Access
Has API
API Access
Has API
Integrations
Quickwork
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Veri5Digital
Founded
2012
Country
India
Website
veri5digital.com/vcip-video-identification/
Vendor Details
Company Name
Xendity
Founded
2017
Country
Singapore
Website
www.xendity.com
Product Features
Product Features
Authentication
Biometric
Credential Management
Knowledge-Based Authentication
Mobile Authentication
Multifactor Authentication
Out-of-Band Authentication
Policy Management
Self Service Portal
Single Sign On
Social Sign On