PDA Based
Customer Point
Verification.

Customer verification is an extremely crucial process in sensitive sectors like Banking, Financial services and Telecom given the stiff regulatory environment and mandatory adherence to the regulator guidelines. Ignorance and avoidance of compliance could result into serious frauds , delisting of businesses and in some instances national security. World over governments have enacted serious legislations in order to combat the rising threats of money laundering and terrorist financing activities. In almost all the countries, it is mandatory to physically verify customer and the documents collected from her under the ‘Know Your Customer’ (KYC) process.Automation and digitisation of physical verification process is the only way to eliminate operational, credit and fraud risks ensuring that only a ‘verified’ customer is on-boarded as per the approved business policies within a specifiedTAT (Turn Around Time) at reduced cost.