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What is Veri5 V-CIP?

An AI-driven Customer Identification system was launched in response to the RBI's approval of VCIP, significantly improving the customer onboarding process by automating document collection and facial recognition. This innovative system enables businesses throughout India to conduct KYC verifications quickly, completing the entire VCIP procedure in less than a minute by digitizing document collection and employing AI-driven facial authentication. By effectively linking with government-supported databases, the technology accurately extracts information from identification cards, making the verification process seamless. The identity verification is further strengthened by matching the photo on the ID with live video footage captured during the interaction with an agent, thereby confirming the individual's physical presence through a liveness check. In addition to this, the process also captures the acceptance of terms and conditions to maintain non-repudiation, ensuring that all parties are aware of the agreements made. We also offer the choice of in-person verification alongside algorithmic assessments, with the final KYC approval provided by your assigned agent. Furthermore, our APIs and SDKs allow for effortless integration with your existing customer applications, whether they are mobile or web-based, ensuring a hassle-free experience. This cutting-edge approach not only simplifies operational workflows but also bolsters security measures and compliance standards within customer verification processes, ultimately fostering greater trust in digital transactions.

What is Juris V-Box?

Juris V-Box is an all-encompassing system tailored for financial institutions, enabling them to collect, track, and safeguard customer documents throughout the duration of their client relationships. This cloud-based platform provides a variety of benefits for banks, insurance companies, leasing firms, and other similar organizations, including reducing the necessity for manual intervention in document gathering, ensuring that all data is encrypted and secured, and offering a centralized cloud repository for straightforward access. Furthermore, it streamlines the implementation process, aids in lowering operational costs, and significantly shortens the time needed to process and manage applications for financial products. By incorporating these capabilities, Juris V-Box emerges as a vital resource for organizations striving to improve their operational effectiveness and customer service. Overall, its innovative features pave the way for enhanced efficiency in document management, ultimately benefiting both institutions and their clients.

Media

Media

Integrations Supported

Quickwork

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Veri5Digital

Date Founded

2012

Company Location

India

Company Website

veri5digital.com/vcip-video-identification/

Company Facts

Organization Name

Juris Technologies

Date Founded

1997

Company Location

Malaysia

Company Website

juristech.net

Categories and Features

Document Collection

Not specified

Identity Verification

Not specified

KYC

Not specified

Categories and Features

Document Collection

Not specified

Document Management

Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
Document Indexing
Document Retention
Electronic Signature
File Recovery
File Type Conversion
Offline Access
Optical Character Recognition
Version Control

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