Navigating regulatory requirements is crucial for businesses aiming to expand their reach across borders, according to an update from Razorpay. Razorpay claims that it has “taken a significant stride ...

After several other banks introduced a video-based customer identification process last one month, SBI Card on Monday announced the launch of Video Know Your Customer (VKYC) feature to ensure zero ...

The country's largest lender State Bank of India on Friday said it has launched a video KYC (know your customer) based savings account opening feature on its mobile banking app, Yono. The initiative, ...

The central bank allows lenders to open digital savings accounts with just a basic Aadhaar and PAN card check. However, rules mandate a deposit limit of Rs 1 lakh in such accounts, and their ...

In a move aimed at easing access to inactive or unclaimed bank accounts, the Reserve Bank of India (RBI) has proposed a new set of rules requiring banks to offer streamlined KYC (Know Your Customer) ...

The film "Catch Me if you Can" is an example of how easily one person with the ability to forge checks and fake his identity can steal more than a million dollars from banks in the United States. No ...