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Autonom8 launches advanced vKYC platform for Telcos & Banks in India
Wed, 3rd Apr 2024

Autonom8, a GenAI-enabled low-code hyperautomation platform, has launched a comprehensive Video KYC (vKYC) platform, which claims to be India's most advanced solution for customer compliance onboarding. Designed specifically for Telcos, Banks, and Non-Banking Financial Companies (NBFCs) in India, it promises to bring efficiency and reliability to Identity Authentication, Fraud Detection, and KYC Processes with Powerful Back-End Management.

KYC is vital to customer onboarding in many sectors, including banking, insurance, and telecoms. Autonom8's A8Studio v3.0's advanced GenAI capabilities enhance the streamlining of this process. Key features include video and photo ID verification and can integrate with existing back-office workflows.

Mr Balakrishnan Kavikkal, CEO of Autonom8, highlighted that A8Studio v3.0's Video KYC capabilities address the growing demand for secure and efficient customer onboarding in sectors like Telcos, Banks, and NBFCs. He emphasised that this solution strengthens the Indian banking ecosystem by providing superior operations.

Mr Balakrishnan Kavikkal stated, "With the increasing need for secure and efficient customer onboarding, A8Studio v3.0's vKYC capabilities offer a comprehensive solution for Telcos, Banks, and NBFCs, empowering the Indian banking ecosystem to ensure unmatched efficiency and reliability."

The newly launched platform provides an all-in-one digital solution, simplifying various stages of identity verification and compliance, from the initial customer interaction to final onboarding. It offers a Unified Interface, ensuring ease of use and the luxury of Effortless Integration with existing systems, reducing the hassle and time taken for deployment.

Autonom8's vKYC platform supports all standard Indian documents, such as Aadhaar, PAN, Voter ID, Driving License, and Passport, which are essential for fulfilling compliance requirements. The platform leverages advanced fraud detection capabilities powered by A8IQ insights with the A8Studio platform, significantly reducing the risk of deceitful practices.

The vKYC platform's processing capability is impressive, with a track record of handling millions of transactions per month. Notably, A8Studio's KYC processing volume surpasses 50 lakh subscribers already within the BFSI landscape. Therefore, this platform aims not only at individual companies but also at empowering the Indian banking ecosystem.

Autonom8's launch of its Video KYC platform marks a significant advancement in India's digital compliance landscape, particularly for Telcos, Banks, and NBFCs. With its GenAI-enabled capabilities and streamlined processes, A8Studio v3.0 promises unmatched efficiency and reliability in customer onboarding. By offering a comprehensive solution that integrates seamlessly with existing systems and supports all standard Indian documents, Autonom8 aims to revolutionise the way identity verification and compliance are managed in the country.

As businesses strive for secure and efficient digital onboarding processes, Autonom8's vKYC platform emerges as a game-changer, setting new industry standards and empowering the Indian banking ecosystem.