The Reserve Bank of India (RBI) pondered over some new modes of electronic verification methods pertaining to the financial institutions of India. Video KYC (Know Your Customer) was one of the most feasible options among the others. There were too many of Cons of Clumsy Old KYC Verifications. But we at Signzy understand the time and cost involved from a banker’s point of view and customer’s experience in the whole process. The proposed solution is none other than the video-based online identity verification method. For more detailed information just watch out the video.
Advanced Technology AI Using Live Face Detection, Making It Simple and Accessible
Since the dawn of A.I, facial recognition systems have been evolving rapidly to exceed our expectations at every turn. UIDAI made face recognition mandatory for Aadhaar authentication, face recognition will start to prevail every nook and corner of the nation for biometric authentication. Just read this blog you will come to know more about Deep Auth and the technology behind it.
3 Effective Way Artificial Intelligence Applications Transforming The Banking And Insurance Sector
Many people believe that with artificial intelligence, industries won’t need human resources to operate. It can bring harm to employment, but that is not the case at all. Actually, artificial intelligence can change the use of technology, but we are not working on that. Just read the infographics you will come to know the effective way artificial intelligence applications transforming the banking and insurance sector.
Signzy Technologies Pvt. Ltd. engages in the development of identification, background checks, Id Forgery, and contract management systems. The company offers its solutions to retail banking, commercial banking, cryptocurrency, insurance, and mutual fund brokerage sectors. https://signzy.com/
How artificial Intelligence help in curbing banking frauds in India?
As we know Fraud is one of the significant issues for most of the financial services institutions. But thanks to the gods for the development of Artificial Intelligence as it has the potential to reduce all sorts of financial frauds. Artificial Intelligence just plays significant role in banking. Just read out the about that how actually artificial Intelligence help in curbing banking frauds in India.
Bengaluru-based fintech platform Signzy just makes the onboarding Simple and quick. It is building a global digital trust system for banks, NBFCs, and other famous financial institutions. With the combination of Artificial Intelligence and Machine Learning, they are continually working on the betterment of digital video verification in the KYC processes. Also, understand the time and cost involved from a banker’s point of view and customer’s experience in the whole process.
Signzy is continually working on building global digital trust system for banks, NBFCs, and other famous financial institutions. We understand the power of Artificial Intelligence and how it can be leveraged to solve numerous problems associated with the financial institution of India.
Importance of Security in a digital world - Passwords, Biometrics and OTPs (and why secrets are core to safety)
Bashing passwords as vulnerable means of online security is quite common these days. Sure — authentication means like biometrics, OTP, mobile, etc.Just read the article you will come to know how passwords work,how hackers hack passwords and also evaluate the other possible options.