Banks and NBFCs

Stay Compliant, Boost Conversions

Seamlessly navigate regulations and maximize conversions for unrivalled business success.

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go global

Let’s Visualize Our Scale

Trained on diverse facial variations and ID formats, our robust AI solutions have onboarded over 750 million users.

$300M+

Saved in fraud losses

~10Sec

Document Collection TAT

50%

Reduced Drop-off Rates

HyperVerge
CHALLENGEs

Financial Institutions Struggle
with Seamless User Onboarding

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Video KYC Onboarding Time
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Friction in Customer Onboarding
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Constantly Changing RBI Regulations
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Increasing Fraud Occurrences
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SOLUTION

Let us handle
User Onboarding for You

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Video KYC done in one minute


VKYC through our platform only takes a minute

This boosts agent productivity

Reliable in low-bandwidth areas as well

See how it works -> See how it works -> See how it works ->
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Stop fraudsters right at the entry


Reduce frauds using database check, liveness, quality checks etc

Conduct deduplication to prevent repeat fraudsters

Protect brand reputation & customers’ trust.

See how it works -> See how it works -> See how it works ->
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Reduce Drop-Offs with Instant KYC Verification


Users can be verified instantly, in under 30 seconds

High straight-through processing with a market-leading, high-accuracy solution

Automated fall-back option to navigate downtimes

See how it works -> See how it works -> See how it works ->
PRODUCTS

We offer a Comprehensive
User Onboarding Solution

Know your business HyperVerge

KYB - Know Your Business

Know your Business - KYBUltimate Business Owner (UBO) KYC checks.

Know your Business - KYBScreening for country-specific and global sanctions.

Know your Business - KYBOCR extraction for GST, Udyam certificate, & more.

Know your business HyperVerge

Video KYC

Know your Business - KYBRBI compliant video KYC platform.

Know your Business - KYBIncreased agent productivity & operational efficiency.

Know your Business - KYBInstant decision with AI-driven OCR, Liveness, FaceMatch.

Know your business HyperVerge

Orchestrator

Know your Business - KYBRapid launch of new customer journeys without coding / app releases.

Know your Business - KYBCustomer applications management, & actionable business insights.

Know your Business - KYBSeamlessly integrate multiple vendors via our unified API Marketplace.

Know your business HyperVerge

Face Match & Liveness

Know your Business - KYBSimple selfie-based liveness detection.

Know your Business - KYBAccurately match selfie & ID card images.

Know your Business - KYBEnsure user authenticity & prevent frauds.

Know your business HyperVerge

Non-Face-to-Face KYC Modes

Know your Business - KYBCKYC Search, Download, Upload & Quality checks.

Know your Business - KYBSeamless KYC completion with Digilocker solution.

Know your Business - KYBInstant Aadhaar verification through OTP-based KYC.

Know your business HyperVerge

OCR - Optical Character Recognition

Know your Business - KYBAccurate data extraction from major government ID cards.

Know your Business - KYBIncludes ID card detection, OCR, ID liveness check, etc.

Know your Business - KYBQuality checks & compliance checks on the ID cards.

TESTIMONIALS

Customers love HyperVerge!

“We want to make credit much easier and faster for the larger population and not only the elite few. HyperVerge is a team of very smart people from reputed colleges in India and they have cracked the process of identity verification using Al/ML”

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“We want to make credit much easier and faster for the larger population and not only the elite few. HyperVerge is a team of very smart people from reputed colleges in India and they have cracked the process of identity verification using Al/ML”

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“CIMB is proud to be associated with HyperVerge over the past year. We’ve had a phenomenal experience partnering with them for our eKYC journey.”

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“CIMB is proud to be associated with HyperVerge over the past year. We’ve had a phenomenal experience partnering with them for our eKYC journey.”

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“We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge,”

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“We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge,”

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“Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.”

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“Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.”

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HyperVerge made our lives easier through the whole customer acquisition and activation process. We were achieving high business impact after we built in their solutions where there were previously very high drop-offs for the users.

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HyperVerge made our lives easier through the whole customer acquisition and activation process. We were achieving high business impact after we built in their solutions where there were previously very high drop-offs for the users.

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By using HyperVerge’s APIs, we cut short the document validation process from 8-10 mins to 10 seconds.

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By using HyperVerge’s APIs, we cut short the document validation process from 8-10 mins to 10 seconds.

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SUPPORT

Frequently asked questions

Hyperverge support

Still have questions?
Please chat with our friendly team.

Chat with our team

Why is KYC required by NBFCs and banks?

  • KYC is required by NBFCs and banks to prevent fraud, money laundering, and comply with regulatory guidelines.

What are the consequences for non-compliance with KYC regulations?

  • Non-compliance with KYC regulations can lead to penalties, reputational damage, suspension of operations, or license revocation for NBFCs and banks.

What measures can NBFCs and banks take to streamline the KYC process and enhance customer experience?

  • NBFCs and banks can streamline the KYC process and improve customer experience by adopting digital solutions like e-KYC, biometric authentication, and online document submission.

What are some common challenges faced by NBFCs and banks in the KYC process?

  • Common challenges in the KYC process for NBFCs and banks include managing a large volume of applications, verifying complex business structures, and staying up to date with changing regulations.

What is the role of artificial intelligence (AI) in the KYC process for NBFCs and banks?

  • AI plays a significant role in the KYC process for NBFCs and banks by automating document verification, detecting suspicious patterns, and enhancing risk assessment capabilities, thereby improving efficiency and reducing manual efforts.