Complete your KYC without needing to meet the customer
Achieve regulatory compliance with 90% savings over physical verifications costs.
IDfy’s Video KYC
IDfy’s Video KYC involves a live video session with a user that establishes their presence during the KYC transaction, confirms their identity (as per the government ID card) and records it for the purpose of audit and compliance.
IDfy's Video KYC has a ready-to-use, pluggable user interface that easily integrates with any system. The set of randomized activities for the user are customizable to prevent chances of fraud during remote KYC.
IDfy’s Video KYC generates an audit trail in video form as opposed to photos and documents.
Video KYC is widely accepted by regulators across the world.
Simplest user experience
IDfy’s Video KYC solution automates the user experience of capturing the live video. It eliminates the need for a call center and the associated costs. Thus,
1. The user does not need to connect to a call center agent. This means lower drop-offs.
2. The user does not need to make a prior appointment. They can complete their KYC at their own convenience.
IDfy’s Video KYC enables quick KYC outcomes and swift onboarding -
1. It authenticates the user's identity by matching the face in the video against the ID card
2. It establishes the user’s live presence in the video
IDfy’s Video KYC Process
Video Capture (IDfy-powered web journey)
1. User provides consent and performs web activities
2. User initiates video and the video is streamed in real-time
Automated Checks and Expert Reviews
1. Automated checks - Face Comparison, Face Consistency, Forgery Detection, Liveness
2. Expert reviews machine results and checks for video activity accuracy
1. Results of all checks and reviews shared in API response
2. Downloadable video link shared with client for audit and compliance purposes