RBI SEBI 'Innovation Sandbox' to Address 'Data Access' Issue After the RBI, it is now the turn of SEBI and IRDAI to launch their own Regulatory Sandbox Frameworks for Fintech and Insurance companies. SEBI, thankfully, also addresses access to data as an important factor in its 'Innovation Sandbox'.
PayTM Two Important Lessons the PayTM Mall Fraud Saga Teaches Us Fraud Detection is not a cost head that needs to be budgeted and minimized. In fact, it's a strategic investment that insures the company's future.
RBI Access to data crucial element in Regulatory Sandbox: Wriju Ray to Economic Times RBI's Regulatory Sandbox, in our opinion, is really about enabling AI in the KYC process. However, without access to data - a pre-requisite for any AI-based solution - the Sandbox could fall short of its promise.
Digital KYC Four 'Must Haves' for RBI's Digital KYC Guidelines Banks and Fintechs are looking for clear guidelines from the RBI for digital KYC. Here's a list of 4 must-haves for the RBI.
KYC Fintech companies are pushing tech boundaries for Digital KYC solutions The fintech and payments industry, including banks and non-banking financial companies (NBFCs), is considering artificial intelligence (AI)-based solutions for fulfilling e-KYC (know-your-customer) requirements as there is no clear mechanism in place to verify customers digitally