Seamless CKYC Verification
Enable REs to meet regulatory compliance, optimize costs, cut down tedious processes & enhance CX with our comprehensive CKYC solution!Get a free demo
Let’s Visualize Our Scale
Trained on diverse facial variations and ID formats, our robust AI solutions have onboarded over 700 million users
What is CKYC?
CKYC is an initiative by Government of India. This allows customers to complete their KYC only once before interacting with multiple Financial entities. These details can be accessed by other REs when the same customer interacts with them.
Eliminate the need for customers to undergo repeated KYC process for different financial institutions
Reduce compliance cost
Reduce compliance costs and document storage costs incurred by financial institutions.
Reduce fraud risk
Reduce fraud risk during the early stage of transactions by identifying cases of identity thefts.
What do we offer?
Businesses trust HyperVerge to deliver the most seamless customer onboarding experience while preventing frauds
Manual CKYC Process
The pain points and challenges associated with manually uploading and updating CKYC data.
Manual data entry leads to errors, wastes time & impacts CX
Difficult to follow CERSAI’s naming convention, file size limitations, etc.
CERSAI’s constant modification to the CKYC process requires system updates
Automate CKYC steps 1, 2, and 4 with HyperVerge One. Reduce processing time and eliminate manual data entry for a more streamlined, efficient experience.
Pipe separated txt file is prepared by following CERSAI’s rules
The prepared batch file is uploaded on the CKYC portal through SFTP
The checker admin reviews the uploaded data and approves it
Check for approval or error messages from CERSAI for the uploaded files
Rectify the errors in the batch files & re-upload it to the CKYC registry
How do we solve these problems
Transform your business. Our solutions help businesses save time and resources, with an average processing time of less than 5 seconds.
A comprehensive stack that can access CKYC records, upload/ update data and has error resolution
Track record statuses (pending, uploaded, success, failures) and pending actions for complete visibility
A cloud-based solution that enables clients to push out updates & patches without any manual intervention from their side.
An intelligent AI and ever-evolving validation layer to reduce post-update errors
A complete orchestrated flow that automates all the steps required in a CKYC process, removing the possibility of any manual error.
Automated notifications to alert administrators/officials upon completion of selected processes
Trusted by startups and the world's largest companies
It is plug-and-play. Hyperverge APIs are easy to understand and these solutions are also very cost-effective. Whatever was being done for a few hundred rupees can be done reliably for just a few rupees without any inconvenience to the customer.”
Even at the dealer’s end and in today’s scenario where our dealer is processing the application, these two things- Uptime and reduction in error rates were the game-changers for us
HyperVerge technology just works. So you don’t really have to be complaining about anything or think about anything new. As long as Hyperverge Tech is there, It just works fine. And if there is any issue, we have a bunch of folks who are always willing to help us out