A Stay photograph is captured in the course of the video phone and cross-checked with the photograph uploaded previously. Some banks may perhaps use facial recognition technological know-how for this confirmation.FIs have Therefore been searching for out online verification strategies which might be demanding sufficient to fulfill regulatory approv

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three. Regulatory compliance: Financial establishments should comply with community and Global regulations governing KYC and info privateness. They have to make certain that the Video KYC process adheres to these polices Which customer data is dealt with securely and properly.FIs have thus been searching for out online verification approaches which