Webinar on Building a Video eKYC demo with AWS AI and ML Services
Financial Services companies are mandated by regulators to complete a KYC(Know your customer) in India. The objective of KYC is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering activities. Related procedures also enable banks to better understand their customers and their financial dealings. The Supreme Court declared the portion of Section 57 of the Aadhaar Act that enabled private companies to use Aadhaar for establishing the identity of an individual, “unconstitutional". In this solution, we present an alternate method to do self Video eKYC using AWS AI and Serverless services. A four step workflow guides the user to do Liveness Test (asking the user to perform certain actions via a webcam feed), asks the user to upload the ID document images and finally compares the images with the live feed from the webcam to complete the KYC.