Business Objective
Insurance providers wanted an onboarding process that used video to capture remote KYC and onboard customers as per regulator norms
Problem Statement
Insurers are mandated to collect:
- Consent
- Liveliness, face match with the ID
- Document extraction for form pre-fill
Solution & Outcome
MYSTiQUE helped reduce on-site visits and customers can complete their process in under 1 minute with 90% accuracy