Aficionados of the Arabian Nights would be familiar with the Genie who could do many things at the flick of his master’s fingers. That, is a lot like what today’s busy investors would expect; to get things done at a flick.
We are no genies, nor do we profess magic; however, progressive technology is here at our disposal.
Forget magic. Biometric Intelligence is here.
Smartphones have come a long way from being mere objects of communication. A multitude of technology innovations have risen from the ability to astutely tap the potential of these devices to serve their purposes.
The latest to join the bandwagon is the CAMS Mobile eKYC, from the house of CAMS, the largest IT enabled service providers to the Indian Mutual Funds industry.
Coupling mobile technology with paperless documentation and biometric intelligence, CAMS had just unveiled a whole new way to Know-Your-Customer!
Presenting: The Next-gen Mobile eKYC
Forget paper forms and documents. Forget signatures. Like a dream come true for distributors and relationship managers, getting new prospects into Mutual fund investing just got simpler, speedier and safer.
Smart phones with a Biometric device is all you need to get your first timer’s eKYC done. Your investors only need to provide
- his/her Aadhar number
- Fingerprint – to be validated in the UIDAI database.
On provision of the above, the investor’s KYC data would be securely downloaded from UIDAI database to the KRA. The entire process could be completed in just two minutes. With UIDAI database and ultra-fast Aadhaar verification process, your investor could begin with Mutual Fund investing instantly!
Mutual Fund account opening can be done immediately via your own AMC website, app, portals or myCAMS, using the biometric key. Most importantly, there is no limit to investment amount for eKYC done with Biometric.
Your investors’ information made safe with CAMS
CAMS is a KUA (KYC User Agency) approved by UIDAI to offer eKYC service for investors who voluntarily provide Aadhaar number for KYC purposes. Mobile eKYC from CAMS uses secure mode with high level of data encryption to ensure data safety. There is absolutely no data stored in the local device.
Stay empowered with CAMS
CAMS brings you the Power of Digital to convert your prospects to investors anytime, anywhere, with the Mobile eKYC. Your investors would love to graduate to digital transactions once they see the benefits during the on-boarding process. Cut down on cost of time and effort to submit KYC forms and eliminate paper transactions completely. Get trendy and get more investors on board with the CAMS Mobile eKYC!
Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading insurance companies, banks, NBFC’s and alternate investment funds. To know more visit www.camsonline.com