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.
UIDAI Why the UIDAI's QR Code-based Authentication Will Not Work With Aadhaar-data unavailable to fintechs, banks, insurers, telcos and other private enterprises after the recent Supreme Court ruling, the UIDAI has hinted that QR Code and offline Aadhaar KYC may be considered. A
KYC Fintech Companies Looking for Digital KYC Solutions An Economic Times article on how fintechs are looking for digital KYC solutions that do not need Aadhaar data for authentication.
RBI Data Localisation: Why the RBI isn’t Listening to Your ‘Mirroring’ Argument OK, so the RBI wants data localization so they can seize / inspect records / data whenever they have to – that’s fine – but why don’t they at least allow data mirroring?!!
KYC The Supreme Court’s Aadhaar Verdict and What it Means for Private Companies Organizations that embrace technology and actually upgrade their authentication processes in these times will survive and prosper in the long run. Large parts of the onboarding processes can be automated while catching more fraud than before.
KYC The Great KYC Challenge RBI needs to embrace technology that makes e-KYC safer and more secure while giving a boost to an emerging sector that can impact millions of people by giving them access to finance at the click of a button.
KYC Aadhaar eKYC Authentications by RBI Regulated Entities It's imperative for the RBI and UIDAI to frame policy and back it with technology to help businesses implement presence-less KYC and onboarding. While businesses should ensure that regulators don’t find reasons to stop them from making use of such a facility.