The Reserve Bank of India (RBI) and Unique Identification Authority of India (UIDAI) have been consistently working to improve the uptake and usability of India’s Aadhaar-based e-KYC [...]
When it comes to checking Officially Valid Documents (OVDs) and verifying KYC information, the maker-checker concept has been in place for a long time. However, due to the accelerated pace of [...]
On 10th May this year, the Reserve Bank of India (RBI) amended the Master Directions (MD) on KYC to expand the scope and usage of Video-based Customer Identification Process (V-CIP). These [...]
Continuing its winning streak of developing world-class digital platforms that facilitate ‘Ease of Doing Business’ and enhance the lives of discerning Indian citizens, ECS recently [...]
Earlier this year, the Reserve Bank of India (RBI) had permitted banks and financial institutions to deploy Video Customer Identification Process (V-CIP) to digitally onboard new customers.
As social distancing becomes the new norm amidst the raging Coronavirus (COVID-19) pandemic, organisations across the globe are focusing on contactless technologies to reduce in-person meetings [...]
Ever since we reached out to you all with our Video-based Customer Identification Process (V-CIP) solution, we have been inundated with a number of queries on the nitty gritties of V-CIP.
In a welcome relief to Aadhaar holders and Aadhaar-based e-KYC Authenticating Entities alike, the Finance Ministry on Wednesday, 13th November 2019 amended the Prevention of Money Laundering Act [...]
To eliminate all ambiguities surrounding ‘Digital KYC’, the Department of Revenue working under the aegis of the Union Government of India’s Ministry of Finance recently released a notification [...]
Following the Hon. Supreme Court’s Aadhaar verdict in September last year that disallowed private organisations from conducting Aadhaar-based e-KYC authentication, many organisations switched [...]