Authenticating Identity By Video Call For KYC Verification
Financial businesses around the globe use artificial intelligence and different types of automated processes. Because some type of live encounter between a business and a client is important to confirm the credibility and reliability of a new client. Businesses use the video know your customer (KYC) service to verify the identity of clients during the onboarding process. To verify the identity of a person by a video call, the financial businesses or fintech arrange an online meeting. In the online meeting, the client appears with a set of his/her characters of identity that was earlier screened during the initial stages…