Video KYC | V-CIP RBI Approved Customer Identification Process

An AI-driven Customer Identification process that was incepted after RBI approved VCIP. You can now speed-up customer on-boarding by automating document collection and face match. Enterprises can now do KYC verification across India.

Veri5Digital Video KYC

How Video KYC Works?

Video KYC Verification – RBI approved process works in 3 simple steps:
- Customers get on a live video call with an agent
- Our system extracts data from the Government-issued ID card.
- Then authenticates photo on the ID with AI face match.

Veri5Digital Video KYC Workflow

Video KYC Features

100% Digital & Instant VCIP Solution

Complete VCIP process in less than one minute by digitizing document collection and AI face authentication

VCIP Liveness Check

Ensure person is present through liveness check. Record declaration and terms & conditions (T&C) acceptance for non repudiation check

Automated Document Extraction & Validation

Accurately extract details from ID cards using smart integration with supported government databases

In Person Verification Through Portal

We offer in person verification over and above the AI algorithmic verification where final KYC approval is done by your agent

Live Video Authentication

Authenticate identity details by matching photo on ID document with live video KYC Process with the agent

Platform Agnostic Deployment

Integrate your existing customer applications, be it mobile or web, using APIs and SDKs

Veri5Digital Video KYC vs Competitors

Our face match algorithm was built on a data set of millions of images and photos to arrive at a 99.84% accuracy.

Company

Veri5 VCIP
Microsoft
Amazon
IBM Watson

*Accuracy

99.84%
98.67%
97.49%
71.53%

**AUC

0.999
0.993
0.991
0.781

* Accuracy: probability that two given faces are correctly identified as the same person
** Area Under Curve (AUC): probability that the model will rank a randomly chosen positive instance higher than a randomly chosen negative one

Meet the building blocks of Video KYC

API Data Extract

Upload an image and Data Extract API would extract the customer information present in the OVD and share the same with you via an API call.
Automatically fill out the form and speed up the customer onboarding process from within your app.

API Face Extract

Extract and store, user photos from within the documents shared by the customer. The API works on any document or OVD with a photograph in it.
Combined with our Data Extract API, Face extract helps speed up the onboarding process and helps verify the customer identity.

API Verification

APIs to verify the authenticity of the data in OVDs provided by the customer. API supports verification of  PAN, Voter ID, and Aadhaar cards.

API Face Compare

An API to match the live image of the customer taken using Liveness SDK with that of the image provided in OVDs.
Combine with our Liveness SDK, Face match API helps verify customer identity in realtime.

Salient Features

Aadhaar Offline included

No App Dependency

App flow also supported

Built as an API workflow with endpoints exposed

Supports Maker-Checker flow

Supports capture of other documents (DL, Utility bills etc) during live video session

Supports capture of signature and compares to PAN signature

Customizable Up-selling Module

Text Chat option included

SMS Vendor integration is plug-n-play. One can use their own SMS Vendor

Video KYC Available Across Platforms