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VIDEO KYC PROCESSES
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- 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 issues new rules for activating inoperative bank accounts, unclaimed deposits: KYC via video, any branch of bank, business correspondentReserve Bank of India introduces new guidelines for inactive bank accounts. Customers can now update KYC at any branch. Video KYC option is...
- A complete guide for NRIs to invest in government securities via RBIInvesting in government securities via RBI's retail direct platform benefits NRIs and OCIs, offering no fees and multiple investment option...
- 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.
- 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...
- Open NPS account from home; PFRDA allows onboarding subscribers via video KYCPFRDA has now permitted its intermediaries to use of Video-based Customer Identification Process (VCIP), in addition to the existing option...
- Buying insurance during coronavirus pandemic? Here's how video-based KYC will benefit policyholdersThe Insurance Regulatory and Development Authority of India (IRDAI) announced recently that it will soon allow insurance companies to use r...
- IRDAI to soon allow insurance companies to use video-based authentication modesThe move comes at a time when regulators across the board are easing compliance processes during the ongoing coronavirus pandemic to minimi...
- 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...
- 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...
- Use tech tools to facilitate online KYC: Sebi to registered intermediariesThe decision has been taken after taking into consideration feedback from various market participants.
- 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)...
- Relief for finance firms as RBI allows video KYCIn a step to save costs and time, the RBI decided to permit videobased KYC (Know Your Customer) which will be a huge relief to map remote c...
- Mobile wallets search for new ways to ease KYC painThe cost of KYC for each customer can be as high as Rs 250, since an agent has to physically reach out to the customer.
- Mobile wallets get 6 months to find a digital KYC routeWith the RBI saying on Monday that the extension could be used for putting in place alternative systems of completing the KYC process, the ...
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