Reusable KYC is not a silver bullet for all verification challenges; however, it gives us a glimpse into a future where ...

The Reserve Bank of India has introduced significant changes to simplify the Know Your Customer (KYC) process. From mandatory ...

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Reserve Bank of India has updated KYC norms. Banking correspondent (BC) can now update KYC. This includes NGOs, SHGs, MFIs ...

In a customer-friendly shift, the RBI has also allowed the use of Video-based Customer Identification Process (V-CIP) for such updates.

This Thursday, the Reserve Bank of India (RBI) introduced a series of amendments to its Know Your Customer (KYC) norms. This ...

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The Reserve Bank of India (RBI) has issued fresh guidelines aimed at easing the process of know-your-customer (KYC) updates, ...

KYC verifications burden regular users with documents and selfies, yet offer little resistance to cybercriminals.

Self-declaration from the customer in case of no change in KYC information or change only in the address details may be ...

The RBI said it has noted a significant backlog in periodic KYC updates, including in accounts opened for receiving Direct Benefit Transfers or Electronic Benefit Transfers for various government ...

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