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Showing posts from October, 2021

Video KYC: Addressing Issues to Ensure a Smooth Verification

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  Gone are the days when you had to go through so many troubles to get the verification process done in the banks. From collecting the form to standing in the long lines to submit the paperwork, and then wait till the verification gets done to start your banking activities was a tedious experience and this is something you no longer have to face, as the Video KYC procedure has now arrived to be the perfect replacement. The situation is changing fast and now the financial institutes are happily onboarding customers being empowered by the video KYC procedure. So, what is so great about this procedure that is changing everything? Let's check out here. Why The Video KYC in India is a Powerful Procedure? The traditional KYC procedure was not right for people who did not have any branch nearby.  The absence of such facilities had affected people time and again. Also, the fact that one has to physically visit a branch, wait in lines to submit documents was a hindrance for many. So...