FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

Indian Banks Make a Bold Move with Video KYC—Fraud Beware!

Indian Banks Make a Bold Move with Video KYC—Fraud Beware!

Folks, Indian banks are making moves—big moves! Digital fraud? Not on my watch! They’re tossing out the old Aadhaar and going full throttle with video KYC! Live checks, facial recognition—it's like Fort Knox! You want to impersonate? Good luck! This is how you keep those mule accounts in check. Believe me, it’s going to be tremendous!

Quick rundown

  1. Video KYC is replacing Aadhaar eKYC in India due to rising fraud.
  2. Mule accounts are a major concern prompting this shift.
  3. Video KYC involves live interaction and multiple security layers.
  4. AI-led video KYC can complete checks in under three minutes.
  5. Banks aim to strengthen controls without branch visits.

Related articles

  • Banks bring back branch checks to tackle fraud, Believe it!Banks bring back branch checks to tackle fraud, Believe it!
  • 2025's Digital Scams: The Ultimate Smackdown on Your Wallet!2025's Digital Scams: The Ultimate Smackdown on Your Wallet!
  • RBI's Epic Play: T20 Speed Meets Test Strategy for Banks!RBI's Epic Play: T20 Speed Meets Test Strategy for Banks!
  • Tony's Take: mAadhaar's New Features for Data ControlTony's Take: mAadhaar's New Features for Data Control
  • NPS KYC for NRIs and OCIs: Tougher Than The Rock's BicepsNPS KYC for NRIs and OCIs: Tougher Than The Rock's Biceps

Series

  • Indian Premier League
  • Pakistan Super League
  • South Africa Women tour of New Zealand
  • County Championship Division Two