All posts tagged "e-KYC"
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232AML / KYCSEBI Allows Intermediaries, Funds to Use Aadhaar for e-KYC
Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.
November 8, 2019 -
448AML / KYCBangladesh to Launch e-KYC for Bank Account Opening in January
Account opening in Bangladesh currently takes 3-7 days. Based on pilot testing in 33 districts, the new e-KYC system will reduce this to just 5 minutes.
October 31, 2019 -
447AML / KYCRBI Grants Another Extension for e-Wallet KYC Compliance
This is the fourth time the deadline has been extended. Wallet companies were first asked to complete KYC processes for each customer by December 2017.
September 3, 2019 -
833AML / KYCPhilippines to Launch Digital Banking ID Registry This Year
The blockchain powered ID registry will enable electronic KYC and make it easier for clients to access banking services.
April 1, 2019 -
1.0KAML / KYCBank of Ayudhya Uses Facial Recognition in Account Opening
Bank of Ayudhya has become the first bank in Thailand to introduce facial recognition in account opening, which it says will enhance security and prevent fraud and identity theft.
March 12, 2019 -
447Fintech / RegtechIndia’s Cabinet Approves Singapore MoU on Fintech Cooperation
The MoU was signed in June to establish an India-Singapore joint working group aimed at strengthening fintech cooperation.
October 25, 2018 -
929AML / KYCHong Kong FSDC Releases Digital ID and KYC Utility Report
The FSDC has laid out four key recommendations for creating a digital identity and e-KYC based infrastructure for Hong Kong.
June 25, 2018 -
1.1KAML / KYCChinese Banks Told to Develop e-KYC, Facial Recognition
PBOC notice says e-KYC can help better serve real economy; SME account applications should be audited within two days of receipt.
January 22, 2018 -
AML / KYC
Malaysia Central Bank to Finalise e-KYC Standards
BNM governor has said the central bank intends to operationalise industry-wide e-KYC from next year; regulations for use in remittances to come soon.
September 11, 2017 -
Fintech / Regtech
SEBI to Study Fintech Potential for Securities Markets
Committee will help the regulator evolve the regulatory framework in response to the development of new technology pertinent to the securities markets.
August 7, 2017
