Automated ID Verification for Know Your Customer (KYC)
APIS
VIDEO
SPECIALISED PROGRAMMATIC
STREAMLINING
SCALABILITY
CONTINUITY / RESILIENCE
FIDELITY / COMPLIANCE
OPERATIONAL COSTS
SECURITY
RESPONSE TIME
Summary
Indian mobile payments company enhanced KYC with EnableX's video API, improving customer onboarding efficiency and satisfaction while reducing operational costs and fraud risk through secure, remote identity verification.
Challenges
The business challenges include ensuring regulatory compliance, data localization, and minimizing fraud risk in digital customer identity verification.
Solution
Automated ID verification solution with EnableX using video KYC for an Indian mobile payment company via video communication channels.
Outcome
Enhanced efficiency and cost-effectiveness of customer onboarding, improved customer satisfaction, reduced operational costs, ensured compliance, increased scalability with up to 50,000 daily sessions, and streamlined processes.
Sources
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