Traditional vs Digital Onboarding- Benefits of Online Customer Onboarding
According to the survey, due to the impact of the rupee depreciation and lower overall expenditure, financial institutions are attempting to optimise their finances as much as possible, and 83% of banks globally are focused their efforts on cost optimization. Digital onboarding is one of the sectors where financial institutions ... Read More
Hospitality Industry: How to use Identity Verification to combat Credit Card Fraud?
Historically, the hospitality industry in India did not devote considerable resources to fraud prevention, but this is changing. The scope of fraud in the hospitality industry is becoming more popular, and the Indian hospitality sector must implement tactics and technologies to mitigate these risks. Some of the problems an online ... Read More
Why OTT Authentication needs Identity Verification for Streamlined Digital Onboarding
The digital world has undergone a paradigm shift as a result of the worldwide pandemic, which has changed the way broadcasters deliver content to their users. The digital media business, OTT streaming and OTT communications have surely transformed everyone’s leisure time with the enormous rise in viewership and online users ... Read More
Digital ID in NZ, Austria, & Japan- Why Online Identification Matters
Controlling information leakage is one of the top digital ID advantages for people’s privacy. It is also known as “selective disclosure,” and it is something that all digital ID adapters regard to be critical for user privacy. However, a closer examination reveals that such a system might result in a ... Read More
Why Identity Verification Is Important for Onboarding in a Remote Working Environment
Working and collaborating remotely is easier than ever in today’s digital age. As a result, the number of vendors engaging with businesses to execute job assignments has increased dramatically. People working remotely as independent contractors range from software engineers to copywriters. Because these folks will not be going into the ... Read More
Why India Needs Digital Identity Verification Solutions – eKYC Verification
In February 2021, the Reserve Bank of India published a paper detailing Digital Payment Security Controls (DPSC). The paper was developed to aid Indian financial organisations in protecting digital channels and offering commodities to clients with Identity Verification solutions. Global financial services corporations are caught between the government and clients ... Read More
How are CKYC, KYC and eKYC different? Definitive Guide to CKYC
With the rising fraud in the financial industry, it is critical to preserve adequate client records in order to track any questionable behaviour. CKYC standards were implemented to reduce illicit activities in the financial sector. This aids in getting to know the consumer better. This contributes to the investment’s security ... Read More
Biometric Verification in Identity Proofing – Everything you need to know
Every individual possesses distinguishing qualities that are exclusive to them and nobody else. Our biometrics consist of things like our voice, fingerprints, and facial patterns. The method of identifying people using these distinctive traits is known as biometric verification or in some cases where facial biometrics are used, it is ... Read More
eKYC Verification & Digital Onboarding : Where Indian Crypto Exchange Platforms are headed
Oct 20, 2022: Crypto Trading volume and user signups in India have increased by up to 45% in recent weeks as a result of the steady bitcoin price and the rupee’s weakening. Bitcoin prices have been stabilising inside an increasingly narrow range this week, even as global equities and bond ... Read More
Infographic: Building the future of Digital Onboarding across platforms
Customers and regulators are increasingly scrutinizing your Digital Onboarding procedure, and fraudsters are becoming more sophisticated. Verifying your online consumers’ real-life identities is an increasing problem and requirement for organizations across industries. There are numerous options available to assist businesses in determining the genuine identity of their online customers. If ... Read More

