Suryoday Small Finance Bank partners with HyperVerge to enhance digital onboarding and efficiency through AI-powered Video ...
A commonly heard term in the banking industry is KYC (Know Your Customer). KYC is the process or step in which there is an assessment of the customers’ profile. It evaluates the risk of the customers ...
Overview: As banks accelerate digital transformation, ‘Know Your Customer’ processes are rapidly evolving. Traditional, manual KYC checks are being replaced by ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Bank has, to begin with, made the facility available for new ...
After several other banks introduced a video-based customer identification process last one month, SBI Card on Monday announced the launch of Video Know Your Customer (VKYC) feature to ensure zero ...
Navigating regulatory requirements is crucial for businesses aiming to expand their reach across borders, according to an update from Razorpay. Razorpay claims that it has “taken a significant stride ...
LONDON--(BUSINESS WIRE)--Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the launch of a new video-based verification solution for ...
The Insurance Regulatory Development Authority of India (IRDAI) is looking to incorporate video-based know your customer (KYC) verification of customers looking to buy insurance products. The body has ...
The central bank allows lenders to open digital savings accounts with just a basic Aadhaar and PAN card check. However, rules mandate a deposit limit of Rs 1 lakh in such accounts, and their ...
Even though you can open an account in minutes in today's digital age, cybercriminals are using this to increase fraud. In ...