Latest opinions that Philip Chethalan has shared on Finextra

FinTech and Banking: A Comprehensive Guide to Client Onboarding

The customer experience at the world’s biggest banks and fintech firms is undergoing a significant change. Because of technological advancements, account users may now not only transfer money online but also log in using Identity Verification using face match technology and do a variety of operations using simply their smartphone and its front cam...

13 December 2022 /regulation /identity Banking Regulations

KYC API: How KYC as a service works

APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law to comply with AML and KYC. When such firms authenticate their consumers, APIs may provide a faster, simpler, and less expensive way to comply while ...

13 December 2022 /identity /crime Biometrics

What Airtel’s new Face Match based eKYC Verification means for India

Airtel’s latest initiative prioritizes digital onboarding methods to assist online customer onboarding for its payments bank to create an account simply by doing a face match eKYC check on mobile devices. Airtel Payments Bank is the country’s first Payments Bank to offer this service, and it foreshadows India’s shift toward complete digital bankin...

13 December 2022 /regulation /markets Biometrics

Fintech Startups: Learn how Remote eKYC Verification can be used to scale Customer Onboarding

A new paper outlines the impact of fraud on customer trust. According to the study paper “Fraud vs. Friction: How the Need for Speed is Creating a User Onboarding Crisis,” 71% of customers are “less inclined to trust a fintech service that has been harmed by onboarding fraud.” The research, which describes Onboarding Fraud as a rising pandemic, “h...

13 December 2022 /security /startups Digital Banking

Why Online Passport Verification is practical for secure Digital Onboarding

There have been several reports of counterfeit passports. But what does a document verification for passport reveal? A passport is regarded as one of the most reliable sources of personal information. Passport verification checks the candidate’s personal information on the passport verification documents. It does not validate fraudulent passport i...

13 December 2022 /security /identity Digital Banking

Best Practices, Challenges and Trends in Employee Onboarding for BPOs

Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, especially for youngsters. According to an SHRM article: 69% of employees stay longer with good onboarding A structured onboarding program will make 5...

13 December 2022 /security Biometrics

Why KYC is an effective tool against Digital Fraud in Money Services Businesses (MSB)

MSB services have come to the rescue of many, who can’t access banks immediately and want to transfer money or carry out trade exchanges. So, it surely provides time and place convenience. We all know MSB services include cash acceptance for a transaction or currency exchange, global remittance services, check cashing outlets, and facilitating paym...

30 November 2022 /security /crime Online Banking

Best Practices, Challenges and Trends in Employee Onboarding for BPOs

Employee Onboarding effectiveness defines whether your employee will be engaged or disengaged at work, depending on the impression created on them. Poorly managed onboarding can lead to abandonment, especially for youngsters. According to an SHRM article: 69% of employees stay longer with good onboarding A structured onboarding program will make 5...

25 November 2022 /people /identity Information Security

Enable Digital Customer Onboarding in Telecom with eKYC & eSIM

Telcos are part of the vital infrastructure that serves as a forerunner for the rest of the industry as their digital environments change. Many major telecommunications companies have large retail infrastructures that are purpose-built to onboard new customers in shops, but the retail industry has been harmed over the years by security concerns an...

21 November 2022 /regulation /identity Transaction Banking

What is Identity Fraud? Definition, Types, and Examples

Identity fraud is the unauthorised use of a person’s personal information by another person to commit a crime or deceive or defraud that person or a third party in order to take advantage of the pleasures that come with that synthetic identity. The majority of identity fraud is performed for financial gains, such as gaining access to a victim’s cre...

18 November 2022 /identity /crime Biometrics

Community

Join the Community

Philip Chethalan

Philip's opinions

FinTech and Banking: A Comprehensive Guide to Client Onboarding

KYC API: How KYC as a service works

What Airtel’s new Face Match based eKYC Verification means for India

Fintech Startups: Learn how Remote eKYC Verification can be used to scale Customer Onboarding

Why Online Passport Verification is practical for secure Digital Onboarding

Best Practices, Challenges and Trends in Employee Onboarding for BPOs

Why KYC is an effective tool against Digital Fraud in Money Services Businesses (MSB)

Best Practices, Challenges and Trends in Employee Onboarding for BPOs

Enable Digital Customer Onboarding in Telecom with eKYC & eSIM

What is Identity Fraud? Definition, Types, and Examples

Philip writes about

Philip's opinion archive

Similar members