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FINTECH · COMPLIANCE · AI · 2024
Senior Member of Tech Staff · 2024

Video KYC Solution (Perfios)

RBI-compliant Video KYC for India's biggest banks — ICICI, Axis, BoB, BoI, Jio. 270M+ requests/month, 60M+ users served, real-time fraud detection at 70kbps.

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270M+
Requests / month
60M+
Users served
70kbps
Real-time fraud
11
Languages
270M+ requests/month60M+ users servedRBI-compliant70kbps real-time
THE HARD PART

Real-time fraud detection at 70kbps for rural reach — facial recognition, liveness, document auth, all on a video call. 270M+ requests served every month.

This Video KYC (VKYC) product is a state-of-the-art compliance solution designed to streamline customer onboarding for banking and financial institutions. It leverages advanced AI to perform real-time fraud checks, including facial recognition, document verification, and liveness detection, ensuring strict adherence to regulatory standards like RBI guidelines.

Video KYC Solution (Perfios) — 2

This state-of-the-art platform is trusted by leading financial giants including ICICI Bank, Bank of Baroda, Bank of India, Axis Bank, Jio, and many more finance institutions that rely on this platform for their VKYC needs.

Video KYC Solution (Perfios) — 3

Engineered for accessibility and reach, the solution operates efficiently even in low-bandwidth environments (as low as 70kbps), making it ideal for rural and remote areas. The platform supports over 11 regional languages, ensuring a seamless and inclusive experience for a diverse customer base across India.

The impact of this solution is massive, having successfully onboarded over 10 million customers. By automating critical security checks and reducing manual intervention, it has significantly lowered customer acquisition costs while maintaining a high success rate in call connections and completions, setting a new benchmark in digital identity verification.

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