How RPA is driving efficiency in various business functions, shares K N C Nair, Group CIO, Muthoot…
The RPA implementation at Muthoot Group began in May 2018. Overall, at the Muthoot Group, RPA is impacting risk management, which…
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KYC
3 in 5 APAC banks don’t have full digital account opening for new customers: Survey
The region’s changing regulations (28 per cent) and the need to create digital know-your-customer (KYC) and anti-money laundering…
Payments industry wants RBI to allow facial recognition for KYC
Facing difficulties after the Supreme Court ordered that Aadhaar cannot be made mandatory for financial/banking transactions, the…
Enterprise DMS solution gives IDFC Bank a 360-degree view of customer documentation
The enterprise DMS solution has reduced the operating costs due to the bank’s ability to digitally handle customer documents in…
DoT asks telcos to tweak systems for use of virtual IDs, limited KYC
The government has instructed telecom operators to tweak their systems and networks to enable use of Virtual IDs in lieu of…
UIDAI eases daily Aadhaar updation target for bank branches
In a major breather to banks, the UIDAI has halved the daily minimum Aadhaar enrolment/ updation target for stipulated bank…
Exclusive Interview | Prasanna Lohar, Head- Innovation and Technical Architect, DCB Bank
DCB Bank exploring Blockchain for smart contracts, mortgage and KYC
IDfy Launches Intelligent KYC for BFSI
'Intelligent KYC' services, would help members of the Banking and Financial Services industry know their customers better in very…
Banking industry: Staying ahead of fraudsters
Banking fraud poses a serious threat to the customer confidence, efficiency of the payment system, and the bank’s bottom line. To…