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...
Banks are pushing video KYC adoption as financial frauds tick upThe central bank allows lenders to open digital savings accounts with just a basic Aadhaar and PAN card check. However, rules mandate a dep...
PSU banks plan common video KYC hubState-run banks are planning to establish a common video KYC hub to integrate their processes with the central KYC registry (CKYCR) to enha...
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.
Banks, lenders wary as RBI tags centralised KYC as high riskThis has put off banks and other large lenders as they may now have to use video KYC or physical KYC, which are costlier, to authenticate t...
Indian Bank launches video KYC facility enabled by VCIP technologyThe Video KYC facility, developed in conjunction with Gieom Business Solutions, further simplifies the subsequent steps and would deliver t...
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...
Mastercard partners with Signzy for global rollout of video KYCDeployment of video KYC will allow end-users to complete and submit their KYC application from the safety and security of their homes. This...
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...
How to do video KYC for mutual fund investmentsWith the covid lockdown being the new normal in our lives, most financial activities are being done online. The investor can now create a f...
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.