SBI partnered with HyperVerge

Current Context: The State Bank of India (SBI) partnered with HyperVerge with an aim to obtain its technology named ‘Video KYC Solution’.

• This technology will allow the bank to onboard its customers online under COVID-19.
• The technology will help SBI to get ten times more improvement over its regular video KYC processes.
• The ‘Video KYC Solution’ of HyperVerge is managed with a higher accuracy level of 99.5%. This high rate of accuracy will provide convenience in digital banking services to the customers of SBI.
• Also, the ‘Video KYC Solution’ of HyperVerge is in compliance with the norms set by RBI.
• It performs a pre-qualifiers check for name, address and XML Signature, generates high throughput based scheduled video calls, AI-based Liveness, OCR and facematch.
• Static Part: 
• HQ of SBI: Mumbai
• Tagline of SBI: The Banker to Every Indian
• Chairman of SBI: Dinesh Kumar Khara
• HQ of HyperVerge (India): Bangalore

Question: 

Q.1 Which bank partnered with HyperVerge with an aim to obtain its technology named ‘Video KYC Solution’?
a. Karnataka Bank
b. SBI
c. Kotak Mahindra Bank
d. IDBI Bank