“With image-based cheque clearing soon to become a norm in India and the possibility of truncation moving to remote locations such as ATMs and mobile phones, VSoft was the ideal technology partner to meet both our current needs and to support us in the future as we continue to grow.”
-S. Govindan, General Manager, Union Bank of India
IRIS Customer Onboarding
IRIS Customer Onboarding Platform is a tab-optimized and eKYC-ready onboarding platform for the BFSI industry designed to mitigate some of the most challenging pain points in the existing customer onboarding process. The image-enabled and tab-optimized platform is designed to seamlessly handle information flow through right from the point of meeting the customer to finally ordering and dispatching of the welcome kit to customers.
Verification of the Proof of Identity (PoI) and Proof of Address (PoA) is a key requirement for access to financial products (payment products, bank accounts, insurance products, market products, etc.), purchasing SIM cards for mobile telephony, buying LPG, and access to various Central, State, and Local Government services. Today, customers provide physical PoI and PoA documents. Aadhaar is already valid KYC for banking, insurance, capital markets, telecom, LPG, Railways, and various Government services. In addition, the UIDAI now also proposes to provide an e-KYC service, through which the KYC process can be performed electronically with explicit authorization by resident.
Product Origination Features
Payment Initiation Features
Exception Management Features
Dashboard and Rich MIS Features
Integration Features
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