Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
eID stands out as an innovative vendor by pioneering a novel internet service category for customer onboarding, leveraging advanced Video Identification technology, biometrics, and AI algorithms. This cutting-edge video streaming solution offers an equivalent experience to in-person identification and has set a benchmark for secure ID verification protocols. Notably, 41 nations have implemented regulations that permit customer onboarding via video streaming methods. VideoID operates both asynchronously, through a combination of substantial registration and agent verification, and synchronously during videoconference interviews. It boasts a patented design and is the sole eIDAS certified option available. The AI-driven algorithm ensures that new customers are onboarded in under 30 seconds, significantly enhancing conversion rates in videoconferencing while actively preventing fraud. The omnichannel platform is accessible on various devices, including desktop computers, native mobile applications for iOS and Android, as well as ATMs and kiosks. With VideoID, the customer acquisition process is streamlined to just 30 seconds, making it universally accessible at any time and from any location. This revolutionary approach not only simplifies the onboarding process but also elevates the overall security standards within the industry.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
Quickwork
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Veri5Digital
Founded
2012
Country
India
Website
veri5digital.com/vcip-video-identification/
Vendor Details
Company Name
Electronic Identification
Country
Spain
Website
www.electronicid.eu/en/solutions/videoid