Reusable KYC is not a silver bullet for all verification challenges; however, it gives us a glimpse into a future where ...

KYC fraud is a rising cyber threat targeting banking customers through fake links and apps. This guide explains common ...

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The Reserve Bank of India has introduced significant changes to simplify the Know Your Customer (KYC) process. From mandatory ...

In another customer-friendly move, banks have been allowed to use Business Correspondents (BCs) for periodic KYC updates. BCs ...

KYC verifications burden regular users with documents and selfies, yet offer little resistance to cybercriminals.

The RBI said it has noted a significant backlog in periodic KYC updates, including in accounts opened for receiving Direct Benefit Transfers or Electronic Benefit Transfers for various government ...

As per the changes, regulated entities (REs) must allow all transactions for low-risk individual customers, even if their KYC ...

This Thursday, the Reserve Bank of India (RBI) introduced a series of amendments to its Know Your Customer (KYC) norms. This ...

Self-declaration from the customer in case of no change in KYC information or change only in the address details may be ...