Video KYC Verification: What Are Its Best Features?
There is no denying the fact that the KYC procedure is absolutely mandatory for the finance industry, especially for putting a stop to the issues like money laundering and fraudulent activities. You can certainly expect the verification process to take care of any such activity by making sure that the customers the organization is transacting with are genuine. However, the earlier procedures had their limitations and not to mention some hassles as well, but with the introduction of the video KYC verification , things definitely changed for the better. The procedure has much to offer and it certainly addresses the challenges well. Learn more here. Video KYC Verification: What Makes This Process So Popular? The video KYC bridges the gap, that is to say, the physical barrier that existed prior to the video KYC verification was successfully addressed. There is no need to visit a branch nearby to get the verification done, not at all this video KYC process allows the people to get the v