FRSLABS Video KYC

FRSLABS Video KYC is a solution designed to streamline customer onboarding through video verification. According to the vendor, this product allows companies of various sizes to remotely onboard customers without the need for face-to-face meetings or paper documentation. It is intended for industries such as banking and financial services, insurance, telecommunications, e-commerce, and fintech. The following are key features of FRSLABS Video KYC:

Assisted Video KYC: According to the vendor, users can receive real-time assistance from an agent during the video call, ensuring accurate completion of KYC verification steps and addressing any queries or concerns.

Unassisted Video KYC: The vendor states that customers can independently complete the KYC verification process without the need for agent assistance, providing a self-service option for those comfortable with the onboarding process.

Onboard customers in minutes without meeting face to face: According to the vendor, FRSLABS Video KYC enables companies to swiftly and efficiently onboard customers remotely, eliminating the need for in-person meetings and reducing the overall onboarding time.

Video to be recorded: The vendor states that the video call between the customer and agent is recorded for compliance and audit purposes, providing a transparent record of the verification process.

Capture photograph of customer: During the video call, agents can capture a photograph of the customer for identity verification, adding an extra layer of security and preventing identity fraud, according to the vendor.

Offline Aadhaar XML: FRSLABS Video KYC supports offline Aadhaar XML for identity verification, ensuring compliance with regulatory requirements and seamless integration with the Aadhaar system, according to the vendor.

Redact Aadhaar Number: The vendor claims that the platform automatically redacts or masks the Aadhaar number displayed in images and videos during the verification process, safeguarding customer privacy and complying with data protection regulations.

Real-time, secure, encrypted: The vendor states that the video call between the customer and agent is conducted in real-time, utilizing end-to-end encryption to ensure secure and confidential communication.

Use of AI technologies for validations: According to the vendor, FRSLABS Video KYC leverages advanced AI algorithms for accurate and efficient validations, enhancing the accuracy and reliability of the verification process.

Video quality to verify customer beyond doubt: The vendor claims that the platform optimizes video quality to establish the customer's identity with certainty, minimizing the risk of spoofing and fraudulent attempts during the video call.