Karza’s AI-powered Video KYC Enables End-to-End Automation in Onboarding

With Karza’s Video KYC solution tailored to India’s requirements, you can onboard customers seamlessly with secure audio-visual interactions within minutes.

The Reserve Bank of India amended its master directions on know-your-customer norms on May 12 2021 to encourage video-based customer identification and simplify periodic KYC updations for bank customers. Video-based customer identification, also known as Video-KYC, can be used for new account openings and for periodic updates of KYC for existing bank customers.

In the midst of the lockdown, Video-KYC became the need of the hour to onboard new customers, who were confined to their homes but were still willing to open their bank accounts to facilitate digital transactions.