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KYC MODES

Accepted modes of KYC

HyperVerge Features

Digital KYC

Digital KYC is a completely paperless KYC process for customers that are Non – KYC compliant
HyperVerge Features

Central KYC

CKYC acts as a central repository of KYC records through which customers can avail various financial services
HyperVerge Features

Aadhaar – Offline authentication

Users follow an automated identity authentication process using their Aadhaar card
HyperVerge Features

OVD with Pan/Form 60

Images of officially valid documents along with PAN card/Form 60 are collected
HyperVerge Features

Aadhaar – Online authentication

Aadhaar based KYC through Online authentication
HyperVerge Features

Video-based verification

Video-based KYC ensures that users can complete KYC remotely via video call
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Implementing a single mode of KYC will not help Onboard every customers!

Insurance companies need to seamlessly integrate multiple KYC methods to manage needs of all our customers.

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How do you seamlessly integrate multiple KYC methods to ensure low-friction onboarding of all your customers?

Based on factors like phone number & linkage, CKYC record’s existence, etc certain modes of KYC will fail. The HyperVerge Identity Platform has an end-to-end KYC orchestrator which can support any KYC workflow.

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WORKFLOW

HyperVerge KYC Orchestrator

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How do we manage a seamless KYC experience across all partners and acquisition channels?

Launch new customer journeys much faster, without writing code or requiring app releases.

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PIVC AUTOMATION

Automate your PIVC process & reduce friction

Cut down on manual review efforts & resources spent using our AI to expedite your PIVC process!

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Instant Onboarding

Onboard customers in <30 seconds even at scale

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Reduce Fraud

Reduce fraud by 95% through automation.

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Cost Efficient

Decrease backend verification expenses by 80%

WHY CHOOSE US

Always stay compliant with AML Regulations

Our end-to-end onboarding stack is a comprehensive product suite that contains global AML checks to prevent any fraud.

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Global Sanctions & Watchlists

Global & country-specific sanctions imposed by different organisations

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Politically Exposed Persons

~100% Politically Exposed Persons Profile with Global Coverage

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Adverse Media Check

Adverse Media for people associated with ML/fraudulent activities

CUSTOMER TESTIMONIAL

Customers love HyperVerge!

“We want to make credit much easier and faster for the larger population and not only the elite few. HyperVerge is a team of very smart people from reputed colleges in India and they have cracked the process of identity verification using Al/ML”

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“We want to make credit much easier and faster for the larger population and not only the elite few. HyperVerge is a team of very smart people from reputed colleges in India and they have cracked the process of identity verification using Al/ML”

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“CIMB is proud to be associated with HyperVerge over the past year. We’ve had a phenomenal experience partnering with them for our eKYC journey.”

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“CIMB is proud to be associated with HyperVerge over the past year. We’ve had a phenomenal experience partnering with them for our eKYC journey.”

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“We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge,”

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“We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge,”

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“Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.”

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“Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.”

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HyperVerge made our lives easier through the whole customer acquisition and activation process. We were achieving high business impact after we built in their solutions where there were previously very high drop-offs for the users.

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HyperVerge made our lives easier through the whole customer acquisition and activation process. We were achieving high business impact after we built in their solutions where there were previously very high drop-offs for the users.

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By using HyperVerge’s APIs, we cut short the document validation process from 8-10 mins to 10 seconds.

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By using HyperVerge’s APIs, we cut short the document validation process from 8-10 mins to 10 seconds.

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SUPPORT

Frequently
asked Questions

HyperVerge Support

Still have questions?
Please chat with our friendly team.

Chat with our team

Mistakes to avoid while selecting/orchestrating KYC methods

What are the 80-20s to get right when implementing aKYC process/ solution?

Latest Blogs

The latest news, updates and more about KYC industries & related market resources from our team.

Challenges faced by General and Health Insurance companies during KYC implementation

Jan 30, 2023

Challenges faced by General and Health Insurance companies during KYC implementation

Learnings from CXOs across leading insurers, brokers and web aggregators

ID Verification & KYC 5 min read
An Overview of Fraud Detection In Insurance Sector

Nov 15, 2022

An Overview of Fraud Detection In Insurance Sector

Want to know about the common insurance fraud detection techniques & tools used by organisations around the world to detect fraudulent activities. Click here to read more.

Fraud Prevention 4 min read
Insurance KYCs - Breaking down the IRDAI Guidelines

Sep 06, 2022

Insurance KYCs – Breaking down the IRDAI Guidelines

The IRDAI guidelines have necessitated more secure KYC checks for AML & CFT. Click here to read more!

ID Verification & KYC 5 Min read