Video KYC transformed customer onboarding, empowering remote users with unprecedented convenience and security.
The banking industry’s unwavering commitment to innovation drives remarkable improvements, delivering seamless experiences to customers worldwide.
Below are some of the challenges that Banking industry face during onboarding through Video KYC.
Cost and Infrastructure
Identity verification challenges
Harnessing the power of Artificial Intelligence, Image KYC automation streamlines customer onboarding while ensuring regulatory compliance.
Through UiPath forms and advanced AI models, banks achieve remarkable efficiency, cost reduction, and heightened customer satisfaction.
Embracing seamless data retrieval and validation against national ID databases, combined with cutting-edge gesture-based image verification and the formidable Deepface AI Model, this process guarantees secure and fraud-resistant onboarding, ensuring the image is captured in real-time and precisely matched with the National Identification Database.
Industry categories for this use case: Compliance, Finance, Banking
Skill level required: Intermediate
UiPath Products that were used: UiPath Studio, UiPath AI Center, UiPath Apps, UiPath Data Services, UiPath Document Understanding, UiPath Orchestrator, UiPath Task Capture, UiPath AI Computer Vision
Other applications that were used: Python, Tensorflow, OpenCV, Deepface.
Other resources: -
What is the top ROI driver for this use case?: Accelerate growth and operational efficiency