Video KYC - IDfy Blog

Now, Video KYC for Insurers!

Yes. An IRDAI circular dated Aug 24, 2020 has made Video KYC a legitimate way for Insurance companies to verify and onboard new customers. Video KYC was approved by the RBI in Jan 2020 for Banks and Financial Institutions. The lockdown and social distancing

HDFC Bank

Watch: HDFC Bank's Video KYC journey

It's now an open secret as to who HDFC Bank's Video KYC partner is. That's why it's especially satisfying to see a vlogger try out the Bank's Video KYC process

Video KYC

Video KYC Success Factors that Nobody Talks About

Since the world went into this pandemic-induced lockdown, Banks and Financial Institutions have accelerated their adoption of Video KYC. With good reasons too. Factors like security and scalability of Video

Video KYC

How to onboard more customers using Video KYC

We ran Video KYC operations on our Video KYC platform. In one month, we saw a 3x rise in agent call completions. Here's how we did it.

Video KYC

V for Video: Transformation of the Relationship Manager

Of all things Coronavirus, the least talked about is how it has made WFH favorite for Word of the Year 2020. Yes, we are all adjusting to this new work-culture phenomenon. No more than those for whom face-to-face interaction was core to their work.

Digital KYC

KYC in the Times of Coronavirus

KYC has seen a few digitization ups and downs over the years. The Coronavirus pandemic and the resulting lockdown has rushed in few new trends in KYC. Here’s a quick snapshot.

Video KYC

10 Things You Need to Know About RBI's latest Video KYC Regulations

Here are 10 things you definitely need know to keep yourself compliant with the new regulations.

RBI

Rs. 1.75 Crore Penalties for KYC Violations

The RBI is getting tough for any violations on those fronts. PNB, UCO Bank, Corporation Bank, and Allahabad Bank just the latest to be slapped with fines by the RBI to the tune of Rs 1.75 Crores. These are for non-compliance with KYC requirements and opening of current accounts.