India, June 2 -- HyperVerge announces the release of Video KYC solution with Capital Float. Video-KYC allows a customer to remotely authenticate KYC verification with Capital Float from the comfort of their home or office.

The entire process takes the customer between 2 to 5 minutes and offers an enhanced experience to the borrower when compared to the tedious traditional verification processes. Thus, the system is safe from a COVID perspective, and it also offers a better customer experience than earlier.

The HyperVerge system is 100% compliant with the Jan 9 RBI regulations that permitted Video KYC for all regulated entities (banks, NFBCs, wallets).

Further, it is built to enable each agent to be able to process 200 KYCs a day, which...