Digital Transformation Blogs - Bigdata, IoT, M2M, Mobility, Cloud

Padmini Sridhar

Streamlining Onboarding

Streamlining Onboarding: The Transformative Impact of KYC Automation on Building Trust

Automating the identification and verification stage of Know Your Customer (KYC) leverages cutting-edge technology and data-driven methods to revolutionize customer onboarding while ensuring full regulatory compliance. Below are ten essential components that can be used to automate the KYC identification and verification process. Document capture and recognition: Utilize Optical Character Recognition (OCR) technology to extract […]
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digital future in Open Banking

Thriving digital future in Open Banking

What is Open Banking? The banking industry is changing quickly due to shifting consumer expectations and behaviours, increased regulatory scrutiny, and new technology that enables a broader range of goods and services. Financial institutions must control costs, stay compliant, and uphold security and confidence in this dynamic climate. Governments are increasingly getting involved to boost […]
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