Equifax provides e-KYC authentication on behalf of its clients with the solution hosted at Equifax end. It’s a plug and play model with ability to start the solution faster.
- Perform e-KYC during loan prospecting / account on-boarding process
- Perform e-KYC as part of periodic KYC updation
- Minimize typing on phone: Use OCR (text recognition techniques) or QR code scan to natively read a POI document and get ID information prepopulated
- Use external data sources (e-KYC, Voter, Bureau) for pre-populating as well as validation