As KYC processes have become completely digitized, video-based #credit underwriting has become popular.
Traditionally, representatives from the financial institution would need to meet every applicant.
(1/3) #underwriting#videoforbusiness#videokyc#loanapproval#getkwik
With video-based underwriting, underwriters can schedule a video call to discuss the applicant's business, cash flows, and overall financial profile, irrespective of their location.
(2/3) #underwriting#videoforbusiness#videokyc#loanapproval#getkwik
Video calls have become an important staple with implementations ranging from #remoteonboarding to #telehealth and #onlineeducation.
https://t.co/4RE0w6qayo provides a secure & compliant Video KYC and onboarding solution for banks, NBFCs and fintechs.
#getkwik#videoforbusiness
https://t.co/DHc2tQQC1z provides a low bandwidth mode and a guided step-by-step process for #VKYC, which can bridge the gap between customers and businesses, across geographies.
#getkwik#kwikbytes#videokyc
Video KYC is necessary to bring about #financialinclusion in rural areas, where bank branches are far and few. However, we need to take into account network connectivity and device and camera varieties while serving the rural segment.
#getkwik#kwikbytes#customeronboarding
We appreciate the #RBI for taking appropriate measures to support individuals, #SMEs and #Financial institutions in the subsisting financial crisis caused by #Covid19SecondWave. While expanding access to FIs, Video #KYC is also convenient & #cost effective
#rbipolicy@RBI
Banking on the #unbanked isn’t as tough as it looks and doing so has its advantages for both - the #Banks and the customers too. With the right tools, India won't be second on the 'unbanked' map for much longer.
https://t.co/a7WYRCiMTP
#videokyc#KYC#underbanked#kwikid
Traditional #KYC has long been fraught with plenty of shortcomings, but now, with the right #videokyc tool, you can combat every age-old problem with a modern solution, so that business continues seamlessly
https://t.co/nskqpMgrw0
#CustomerService#CustomerSuccess#onboarding