Company
Date Published
Author
Kishan Nakrani
Word count
1385
Language
English
Hacker News points
None

Summary

The RBI regulations require organizations in the BFSI sector to collect customer consent for using their personal information for verification, and they must choose between building their own video KYC infrastructure or buying a ready-to-use InfraTech solution. Building an in-house infrastructure involves implementing various features and technologies to securely verify identities through video calls, but it comes with significant challenges and costs. On the other hand, buying a ready-to-use video KYC infrastructure offers cost-effectiveness, streamlined onboarding processes, reduced operational costs, and compliance with regulatory guidelines. VideoSDK stands out as a leading provider of comprehensive video KYC solutions that prioritize security and compliance.