Video KYC Software Providers for Banks & NBFCs

India's leading fully compliant video KYC software helps to onboard customers remotely to serve them instantly. It also facilitates the customer onboarding process and reduces drop-offs. Pixl Video KYC service complies with all KYC and AML norms set by the RBI and SEBI. Our solution gives support to financial institutions with low bandwidth solutions for quick remote customer onboarding.

Video-KYC-solution
Benefits Pixl Video KYC

Key Features of Using Pixl Video KYC Journey

Efficiently maximise your KYC procedures through the use of video-based processes to ensure fast customer verification. Verify a customer's identity on video calls by examining photographs, comparing them through liveliness checks, and using facial recognition algorithms. This method can identify and authenticate the subject in a fraction of the time when compared to manual methods. Our solution simplifies the authentication process for multiple banking and NBFCs, payment banks, digital wallet providers, and more.

Benefits Delivered

One-Stop Solution Providers for Video KYC for all Financial Entities

Why is Pixl vKYC verification software different?

  • image Multi channel Management
  • image On-Premises Solution
  • image Kubernetes Architecture
  • image Affordable

Pixl.ai simplifies the end-to-end KYC verification and account opening process through a state-of-the-art video-based customer identity verification solution. We provide them with a unique platform where the process can be carried out smoothly in a time-effective way. Customers can access this service with a single tap on the internet, without the need to visit a bank or keep a hard copy of their documents.

Onboard new customers within a very short period. Pixl Video KYC service is a completely digitised end-to-end onboarding process while offering a seamless experience with e-KYC.

On-Premises and Cloud-based Video Customer Identification (V-CIP) Solutions

Our V-CIP Solution uses AI-based KYC validation and automated document verification to securely and quickly onboard customers.

The V-CIP procedure is substantially more simple than the traditional KYC process. Pixl can digitally onboard individuals and verify them within short turnaround times.

Automated and multichannel customer engagement enables you to help your customers at every phase of the vKYC process while maintaining a superior customer experience.

Improves the customer experience by using branchless, contactless, and paperless video onboarding workflows.

Video KYC service mitigates the threats of financial crime prevention and identity theft in banking, NBFCs, mobile wallets, and other services in Financial Services.

ID verification

Secure real-time customer PAN and Aadhaar verification using OCR.

  • Aadhaar Verification
    Offline Aadhaar XML based customer verification with checks to support compliance.
  • Pan Verification
    Image of customer holding PAN is checked for clarity and PAN details are checked against NSDL database.
  • Video Verification
    Recorded video at the time of live streaming can be verified the future.

On-premises deployment

All the data are stored on-premises without any third-party cloud services.

  • Local Data Storage
    Flexible deployment options and get started with cloud or on-premise setup.
  • Video Recording
    Recording the entire interaction process for future validation.
  • Geo-Location Tagging
    The live location of the customer is captured to ensure that customer is physically present in India.

Facial Recognition

Compare the Person on a Video call with photo on docs with accuracy 98.2%.

  • Photo Taking
    Capturing the face of a person on a video call to ensure the identity.
  • Facial Movement Recognition
    Our Solution detects liveness by using AI facial movement technology.
  • Face Comparison
    Compare the face on the video call with the face on the ID card.

Frequently Asked Questions (FAQ)

A video KYC process involves capturing a live photo of the customer with official and valid KYC documentation such as an Aadhaar card/PAN Card or other government KYC document. This will compare in the time of the Video KYC process.

The video-based KYC procedure is going to be treated as equivalent to the face-to-face process. While being recorded, you'll be asked to exhibit your PAN card too. E-PAN card holders are exempt from producing a physical copy.

The process for the Video KYC Process typically lasts only 10 minutes. In order to further assess the authenticity of all accounts opened via the Video KYC Process, RBI mandates that simultaneous audits be carried out at the same time.

Starting in January 2020, the Reserve Bank of India (RBI) is introducing the option of conducting video-KYC for opening accounts. Although video KYC will be as good as a full KYC, it will enable account opening to be more in line with the digital banking experience.

Yes, video KYC can be acceptable in AML compliance, but it depends on the specific circumstances. Generally, a video KYC process will include some form of identity verification, as well as a review of the customer's documentation. This can help to ensure that the customer is who they say they are, and that they meet the necessary requirements for doing business with the company.