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Smart eKYC’s video call – An effective digital onboarding tool for banks
The COVID-19 pandemic has turned the lives of people all over the world upside down. Everyone is recommended to stay at home, face-to-face activities are minimized, leading consumption habits as well as living habits have many changes, the need to open an account online, etc. has increased dramatically in the past few weeks. This is
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AI and Biometrics – Major trends that shape the online banking market
If the financial industry has taught us anything in the past, it is that we can no longer postpone digital transformation in banks. Today, consumers expect to perform banking transactions from anywhere and anytime. The technological advancements that offer improved interface and inclination of customers for convenience drive the market of online banking. According to
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Mobile eKYC – Biometric application to optimize user experience in Online customers identification
According to data shared by Mr. Pham Tien Dung, Director General of Payment Department (State Bank), recently at the Fintech Vietnam Forum (FVF) on November 8, 43 million Vietnamese people over age 15 have a bank account. In the next 10 years, Generation Z (born after 1995) will account for 40% of the population and
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Bank’s services better meet customer’s needs thanks to Digital Self-Service
Bank’s services better meet customer needs thanks to Digital Self-Service Currently, many technology solutions have been strongly applied by banks. This brings customers’ expectations, wants to experience service from the bank. On the other hand, the constantly changing legal environment shows many limitations of ineffective old processes, has created new forms of competition in the
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Mobile eKYC – A product helping banks “electronic Know Your Customer” by Biometrics
In recent years, the development of Biometric authentication in the banking sector is no longer unfamiliar, due to the proliferation of high-quality smartphones and cameras. Banks are actively using this new technology to identify customers in order to prevent the fraud more effectively and bring new experiences to customers. For example, there are fingerprint scanner
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SMART eKYC – Breakthrough solution helping banks “electronic Know Your Customer” at the counter
In parallel with the Block-chain solutions, P2P Lending solutions, etc., Online Customer Identification (called “eKYC”) is becoming an indispensable growing trend in the digital age when the digital economy becomes more and more apparent. Currently, a lot of Vietnam commercial banks have requested the State Bank of Vietnam to allow applying eKYC (Electronic Know Your
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