Digital Identity Verification

Human verification through machine and vision intelligence

March 2021

Know Your Customer (KYC) has been essential to many enterprises, especially to financial institutes. It involves the process whereby a variety of services are executed. These services include processes to verify the identity of a customer and to perform due diligence of on the customer. The KYC solution is usually deployed by enterprises to confirm that their customers are verified with the identity whom they declared and claimed to be. It also ensures that the customers have no records of engagement in illegal activity during the onboarding period.

While KYC is an essential process for many enterprises, there are many drawbacks in taking the traditional KYC approach. To tackle these issues, e-KYC solution, which makes the KYC process digital and online has been launched and become popular. It facilitates the work efficiency of banks and other financial institutions, promotes customer’s user experience, and helps enterprises to prevent the fraud attacks.

This white paper highlights the collaboration testing performed by ADVANCE.AI on the e-KYC solution from ADVANCE.AI, powered by HPE EL1000 Edgeline server with embedded NVIDIA T4 GPU modules.

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