eKYC110 is an AI-driven electronic Know Your Customer solution developed by WISE AI, designed to streamline and secure the customer onboarding process. The name "eKYC110" signifies its efficiency: users can complete the verification process in under one minute, businesses can authenticate identities within one second, and the system operates with zero manpower, ensuring a swift and automated experience.
Key Features and Functionality:
- ID Authentication & Optical Character Recognition : Accurately extracts and verifies data from identification documents, reducing manual data entry errors.
- AI-Powered Face Recognition & Passive Liveness Detection: Ensures the authenticity of users by detecting and preventing fraudulent attempts through advanced biometric verification.
- SDK Integration Channels: Offers seamless integration with existing systems via Web and Android SDKs, facilitating easy adoption and implementation.
Primary Value and Problem Solved:
eKYC110 addresses the challenges of traditional KYC processes, which are often time-consuming, labor-intensive, and prone to human error. By automating identity verification, eKYC110 significantly reduces onboarding times—up to 95% compared to manual methods—while enhancing security through AI-driven fraud detection. This solution not only improves operational efficiency but also enhances user experience, leading to higher customer satisfaction and trust.