How Can You Register With & Submit Information To NeSL?

Abhijith NS Oct 16, 2020 eSign Comments Disabled

How Can You Register With & Submit Information To NeSL?

eSign

What is NeSL? National E-Governance Services Limited (NeSL) is India’s first Information Utility, and a union government company.  An IU functions as a compendium or encyclopedia of financial information, for both persons and entities to submit information...

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6 Ways Digital Wallet Providers Can Improve Their Services With Video KYC

Abhijith NS Oct 13, 2020 Video KYC Comments Disabled

6 Ways Digital Wallet Providers Can Improve Their Services With Video KYC

Video KYC

Rapid growth in mobile payments The mobile payments and digital wallet sector is experiencing rapid & nearly exponential growth.  According to nearly all reports, this growth is projected to steadily increase over the next few years.  KPMG reports...

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Identity Theft & Online Fraud In The Banking Sector And How Better KYC Is The Remedy

Abhijith NS Oct 12, 2020 Video KYC Comments Disabled

Identity Theft & Online Fraud In The Banking Sector And How Better KYC Is The Remedy

Video KYC

Widespread online fraud in Indian Banking With the advent of work from home all over the world and a major shift towards digitization across all sectors in the wake of the ongoing pandemic, fraudsters and hackers have been making hay.  The primary means...

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IRDAI Allows Electronic Health Policies & OTP-based Consent For Proposal Forms

Abhijith NS Oct 09, 2020 Video KYC Comments Disabled

IRDAI Allows Electronic Health Policies & OTP-based Consent For Proposal Forms

Video KYC

VBIP & the trend of digitization Following landmark guidelines regarding video KYC from RBI, regulatory bodies in several sectors have followed suit and envisaged video-based onboarding and KYC verification methods for businesses in their respective...

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Banking Fraud in India And How Banks Can Combat it

Abhijith NS Oct 07, 2020 Video KYC Comments Disabled

Banking Fraud in India And How Banks Can Combat it

Video KYC

Rising Banking Fraud in India According to RBI’s Annual Report for 2019-20, the number of reported fraud cases involving  ₹1 lakh and above have increased by 28% in volume and a whopping 159% in value in 2019-20.  Public sector banks experienced...

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How IRDAI Now Allows End-To-End Digital Insurance Policy Dispensation

Abhijith NS Oct 06, 2020 Video KYC Comments Disabled

How IRDAI Now Allows End-To-End Digital Insurance Policy Dispensation

Video KYC

Rapid digitization in the insurance sector Over the last month, IRDAI has issued two circulars: one permitting video KYC for insurance onboarding and the other allowing insurers to issue electronic insurance policies and obtain e-signatures from customers...

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IRDAI Officially Announces VBIP

Abhijith NS Oct 05, 2020 Video KYC Comments Disabled

IRDAI Officially Announces VBIP

Video KYC

VBIP Following the release of a private circular to general, life, and standalone health insurers announcing its intent to envisage a video-based verification procedure, IRDAI has now officially announced the Video-based Identification Procedure (VBIP)...

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Why Educational Institutions Need Digital Student Onboarding Right Now

Abhijith NS Sep 30, 2020 Video KYC Comments Disabled

Why Educational Institutions Need Digital Student Onboarding Right Now

Video KYC

The problem of paper-based registrations Most of us remember what it was like registering for college.  Images of long lines of students (accompanied sometimes by worried parents), shuffling along quietly with files of IDs and certificates in hand,...

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10 Things You Need To Know About RBI’s VCIP & Video KYC

Abhijith NS Sep 23, 2020 V-CIP Comments Disabled

10 Things You Need To Know About RBI’s VCIP & Video KYC

V-CIP

How India has received RBI’s VCIP It has now been more than nine months since RBI released its landmark notification on V-CIP, allowing banks and NBFCs to use video-based KYC methods to onboard customers.  Several banks have since been using Video...

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The Role Of Digital Identity Verification in the Education Industry With SignDesk Video KYC

Abhijith NS Sep 22, 2020 Video KYC Comments Disabled

The Role Of Digital Identity Verification in the Education Industry With SignDesk Video KYC

Video KYC

The education sector is undergoing a significant transformation driven by the rapid adoption of digital technologies. From online admissions to seamless student onboarding and remote learning, institutions increasingly rely on digital processes to enhance...

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