Continuous AI labelling norms to raise compliance bar, costs: ExpertsIndia's IT Ministry proposed stricter rules for AI-generated content, mandating continuous and clear visibility of labels. This move aims t...
Amid Mythos concerns, FM Nirmala Sitharaman asks financial sector to be 'exceptionally vigilant'Finance Minister Nirmala Sitharaman has called for heightened cybersecurity vigilance across the financial sector. She highlighted that adv...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
RBI simplifies KYC rules to allow face-to-face, video and OTP-based onboarding for customersThe Reserve Bank of India has introduced amendments to its KYC norms, streamlining customer onboarding through Aadhaar-based e-KYC, video K...
Industry on edge as Zerodha CEO Nithin Kamath flags deepfake concernsProblem to become bigger as deepfakes improve, Nithin Kamath wrote on X last week
How Bank of Baroda customers can do video re-KYCThe introduction of the Video Re-KYC facility streamlines, improves, and enhances the overall client experience during the Re-KYC process.
Small shopkeepers struggle after RuPay-UPI integration due to KYC normsSmall shopkeepers accepting credit card payments through OR code are facing difficulties in completing KYC requirements due to the integrat...
You need to submit fresh KYC documents in certain cases: When is it required?According to the central bank, a new KYC procedure can be completed in person at a bank branch or online using a video-based Customer Ident...
How to open SBI savings account through video KYCThe State Bank of India (SBI) has launched a video-based account opening function that will let customers register SBI accounts online with...
SBI launches video KYC-based opening of savings accounts via YONO: Here is how to use this facilityThis video KYC feature will be available to customers planning to open a new savings account with SBI. This functionality will help custome...
Irdai permits insurers to conduct video-based KYCThe objective of the Video-based Identification Process (VBIP) is to leverage various electronic platforms to simplify know your customer (...
How to use ICICI Bank's video KYC for savings account, personal loan and credit cardDuring the process, the verification of a prospective customer's KYC documents and signature are recorded via a video call with an ICICI Ba...
Aditya Birla Sun Life AMC onboards over 50,000 investors via video e-KYC during lockdownTo provide video e-KYC service, the asset manager had partnered Signzy to leverage its AI-based digital customer onboarding solution.
IDFC First Bank launches video KYC facility for customers to open savings accountsThe zero-contact method completely does away with paper work or biometric verification, thereby removing physical interaction between the b...
Kotak Mahindra Bank becomes first Indian lender to allow video KYCPrivate sector lender preps for life during COVID announcing the initiative on a pilot basis for savings account opening. May extend the se...
Relief for financial firms as RBI allows video KYCIn a move that will enable banks and fintechs onboard customers remotely, RBI has amended its norms to allow the ‘know your customer’ (KYC)...
Tata Mutual Fund launches 'Video KYC''How to do video KYC' by Tata Mutual Fund is currently available in English and Hindi.